Repaying UK student loan from Australia
Nov 22nd 2022, 11:23 pm
#1
Just Joined
Thread Starter
Joined: Nov 2022
Posts: 1
Repaying UK student loan from Australia
I've finally got to start repaying my student loan. What is the best way to do this from Australia?
They want me to set up a direct debit but I'm not sure if that's possible internationally.
I'm not finding the information from SLC helpful at all.
They want me to set up a direct debit but I'm not sure if that's possible internationally.
I'm not finding the information from SLC helpful at all.
Nov 23rd 2022, 12:47 am
#2
Concierge
Joined: Jan 2013
Location: Western Australia
Posts: 21,138
Re: Repaying UK student loan from Australia
This UK government link says you can use your international debit card to make one-off payments through your online account, or by transferring the amount from your non-UK bank.
https://www.gov.uk/repaying-your-stu.../how-you-repay
https://www.gov.uk/repaying-your-stu.../how-you-repay
Nov 24th 2022, 7:23 am
#3
Just Joined
Joined: Oct 2022
Posts: 20
Re: Repaying UK student loan from Australia
do you still have a UK bank account?
You'll have to transfer from your AU to UK on occasion,
then pay loans from that transfer
i.e. if your loan = £200 a month, Transfer over £3k in one go, then you can pay 12x200 direct debits and have some left over at the end of the year
avoid sending regular transfers between countries as the fees add up quickly....
Just found this site
https://www.savethestudent.org/stude...om-abroad.html
You'll have to transfer from your AU to UK on occasion,
then pay loans from that transfer
i.e. if your loan = £200 a month, Transfer over £3k in one go, then you can pay 12x200 direct debits and have some left over at the end of the year
avoid sending regular transfers between countries as the fees add up quickly....
Just found this site
https://www.savethestudent.org/stude...om-abroad.html
