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Versions	Form popularity	Fillable & printable
2016	4.8 Satisfied (105 Votes)
2015	4 Satisfied (20 Votes)
2007	4.6 Satisfied (27 Votes)

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What happens to student loans if you leave the country?

Your repayments will be based on your student loan balance Your student loan repayments are based on your loan balance when you become overseas-based, not your total income. However, there are some countries where we still treat you as being New Zealand-based.

What happens if you have loans and move to another country?

Technically nothing happens your debt when you leave the country. Its still your debt ,and your creditors and collectors will continue trying to get you to pay it back. Most debts will not follow you to a new country, but staying one step ahead of your creditors may be more difficult than you think.

What happens to student loans if you immigrate?

Quick Facts. Your student loans dont disappear just because you move abroad. Federal loans remain enforceable, and private lenders may still pursue collection depending on your situation.

What happens to my student loan if I emigrate?

Before you move overseas You will be asked to complete an Overseas Income Assessment Form, giving details of your income and employment status. The Student Loans Company will then send you a letter that: confirms whether repayments are due. if applicable, notes your monthly repayment amount.

What happens to my student loan if I move abroad in the UK?

If you leave the UK for more than 3 months. You must update your employment details to let the Student Loans Company ( SLC ) know you have left the UK. You will need to continue to repay your loan unless you provide evidence that your income is below the threshold.