Overseas Repayment Thresholds

 

If you took out a loan for your first degree after September 1st, 1998 -


If you are moving overseas for more than three months, completing an overseas income assessment form will enable us to assess your level of repayment. You must let the Student Loans Company know before you leave the UK. We will ask for information about your earnings and provide you with a monthly repayment schedule.

 

If you are calling from abroad please use the telephone number +44 141 243 3660.

 

Downloading this form will allow you to provide details of your circumstances and prospective income to the Student Loans Company:

 

Overseas income assessment form (136kb).
Overseas income assessment guidance notes (90kb).

 

Please note: This form should only be completed and returned to the Student Loans Company once your account enters repayment. Repayments start of the April following your graduation date or the date you leave your Course.

 

The repayment threshold for residents who live in the United Kingdom is currently set at £15,000. In other words, graduates and former students with an annual salary of over £15,000 are required to repay their loans.

 

If you are an overseas resident, the Student Loans Company work out your monthly repayment schedule using the same principles as for those who stay in the UK. So, you will repay 9% of your earnings over the repayment threshold.

 

To take account of differences in living costs, the repayment threshold in a foreign country will not necessarily be the same as in the UK. We will update the thresholds each year to take account of price changes.

 

The following table shows what your repayment threshold will be if you move to another country after completing your course. It also shows the monthly default repayment amount, which is how much we would expect you to repay each month if you do not inform us of your actual income while overseas.

 

Click on a letter to see details from countries beginning with that letter. You can see this list without the aid of javascript .

 

 

 

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Country of residence
Your Earning Threshold, in Pounds Sterling (£GBP)
Monthly Default Repayment Amount (£GBP)
Afghanistan
6,000
98.00
Albania
6,000
98.00
Algeria
6,000
98.00
American Samoa
3,000
49.00
Andorra
3,000
49.00
Angola
6,000
98.00
Antigua and Barbuda
6,000
98.00
Argentina
6,000
98.00
Armenia
6,000
98.00
Aruba
3,000
49.00
Australia
12,000
196.00
Austria
15,000
246.00
Azerbaijan
6,000
98.00
Country of residence
Your Earning Threshold, in Pounds Sterling (£GBP)
Monthly Default Repayment Amount (£GBP)
Bahamas, The
3,000
49.00
Bahrain
9,000
147.00
Bangladesh
3,000
49.00
Barbados
9,000
147.00
Belarus
6,000
98.00
Belgium
15,000
246.00
Belize
6,000
98.00
Benin
6,000
98.00
Bermuda
3,000
49.00
Bhutan
3,000
49.00
Bolivia
3,000
49.00
Bosnia and Herzegovina
6,000
98.00
Botswana
6,000
98.00
Brazil
9,000
147.00
Brunei
9,000
147.00
Bulgaria
6,000
98.00
Burkina Faso
6,000
98.00
Burundi
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Cambodia
3,000
49.00
Cameroon
6,000
98.00
Canada
12,000
196.00
Cape Verde
9,000
147.00
Cayman Islands
3,000
49.00
Central African Republic
6,000
98.00
Chad
6,000
98.00
Channel Islands
15,000
246.00
Chile
9,000
147.00
China
6,000
98.00
Colombia
6,000
98.00
Comoros
6,000
98.00
Congo, Dem. Rep.
6,000
98.00
Congo, Rep.
6,000
98.00
Costa Rica
6,000
98.00
Cote d'Ivoire
6,000
98.00
Croatia
9,000
147.00
Cuba
3,000
49.00
Cyprus
12,000
196.00
Czech Republic
9,000
147.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Denmark
18,000
295.00
Djibouti
6,000
98.00
Dominica
6,000
98.00
Dominican Republic
6,000
98.00
 
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Ecuador
6,000
98.00
El Salvador
6,000
98.00
Equatorial Guinea
6,000
98.00
Egypt
3,000
49.00
Eritrea
6,000
98.00
Estonia
9,000
147.00
Ethiopia
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Faeroe Islands
3,000
49.00
Fiji
9,000
147.00
Finland
15,000
246.00
France
15,000
246.00
French Polynesia
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Gabon
6,000
98.00
Gambia, The
3,000
49.00
Georgia
6,000
98.00
Germany
15,000
246.00
Ghana
6,000
98.00
Gibraltar
15,000
246.00
Greece
12,000
196.00
Greenland
3,000
49.00
Grenada
9,000
147.00
Guam
3,000
49.00
Guatemala
6,000
98.00
Guinea
6,000
98.00
Guinea-Bissau
6,000
98.00
Guyana
6,000
98.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Haiti
6,000
98.00
Honduras
6,000
98.00
Hong Kong
9,000
147.00
Hungary
9,000
147.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Iceland
21,000
344.00
India
3,000
49.00
Indonesia
6,000
98.00
Iran
3,000
49.00
Iraq
3,000
49.00
Ireland
15,000
246.00
Israel
9,000
147.00
Italy
15,000
246.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Jamaica
6,000
98.00
Japan
12,000
196.00
Jordan
6,000
98.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Kazakhstan
6,000
98.00
Kenya
6,000
98.00
Kiribati
6,000
98.00
Korea, Dem. Rep.
3,000
49.00
Korea, Rep.
9,000
147.00
Kosovo
6,000
98.00
Kuwait
9,000
147.00
Kyrgyz Republic
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Laos PDR
3,000
49.00
Latvia
9,000
147.00
Lebanon
6,000
98.00
Lesotho
6,000
98.00
Liberia
6,000
98.00
Libya
9,000
147.00
Liechtenstein
3,000
49.00
Lithuania
9,000
147.00
Luxembourg
15,000
246.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Macau, China
9,000
147.00
Macedonia
6,000
98.00
Madagascar
3,000
49.00
Malawi
3,000
49.00
Malaysia
6,000
98.00
Maldives
6,000
98.00
Mali
6,000
98.00
Malta
9,000
147.00
Marshall Islands
3,000
49.00
Mauritania
6,000
98.00
Mauritius
6,000
98.00
Mayotte
3,000
49.00
Mexico
9,000
147.00
Micronesia, Fed. Sts.
9,000
147.00
Moldova
6,000
98.00
Monaco
3,000
49.00
Mongolia
6,000
98.00
Montenegro
6,000
98.00
Morocco
6,000
98.00
Mozambique
6,000
98.00
Myanmar
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Namibia
6,000
98.00
Nepal
3,000
49.00
Netherlands
15,000
246.00
Netherlands Antilles
3,000
49.00
New Caledonia
3,000
49.00
New Zealand
12,000
196.00
Nicaragua
3,000
49.00
Niger
6,000
98.00
Nigeria
6,000
98.00
Northern Mariana Islands
3,000
49.00
Norway
18,000
295.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Oman
9,000
147.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Pakistan
3,000
49.00
Palau
3,000
49.00
Panama
6,000
98.00
Papua New Guinea
6,000
98.00
Paraguay
6,000
98.00
Peru
6,000
98.00
Philippines
6,000
98.00
Poland
9,000
147.00
Portugal
12,000
196.00
Puerto Rico
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Qatar
9,000
147.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Romania
6,000
98.00
Russian Federation
6,000
98.00
Rwanda
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Samoa
6,000
98.00
San Marino
3,000
49.00
Sao Tome and Principe
6,000
98.00
Saudi Arabia
9,000
147.00
Senegal
6,000
98.00
Serbia
6,000
98.00
Seychelles
6,000
98.00
Sierra Leone
6,000
98.00
Singapore
9,000
147.00
Slovakia
9,000
147.00
Slovenia
9,000
147.00
Solomon Islands
6,000
98.00
Somalia
3,000
49.00
South Africa
6,000
98.00
Spain
12,000
196.00
Sri Lanka
3,000
49.00
St Kitts and Nevis
9,000
147.00
St Lucia
6,000
98.00
St Vincent and Grenadines
6,000
98.00
Sudan
6,000
98.00
Suriname
6,000
98.00
Swaziland
6,000
98.00
Sweden
15,000
246.00
Switzerland
15,000
246.00
Syria
6,000
98.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Taiwan
6,000
98.00
Tajikistan
3,000
49.00
Tanzania
3,000
49.00
Thailand
6,000
98.00
Timor-Leste
6,000
98.00
Togo
6,000
98.00
Tonga
6,000
98.00
Trinidad and Tobago
6,000
98.00
Tunisia
6,000
98.00
Turkey
9,000
147.00
Turkmenistan
6,000
98.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Uganda
3,000
49.00
Ukraine
6,000
98.00
United Arab Emirates
9,000
147.00
United Kingdom
15,000
246.00
United States
12,000
196.00
Uruguay
6,000
98.00
Uzbekistan
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Vanuatu
6,000
98.00
Venezuela
9,000
147.00
Vietnam
3,000
49.00
Virgin Islands (US)
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
West Bank and Gaza
3,000
49.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Yemen, Rep.
6,000
98.00
Country of residence Your Earning Threshold, in Pounds Sterling (£GBP) Monthly Default Repayment Amount (£GBP)
Zambia
9,000
147.00
Zimbabwe
3,000
49.00