StudentFinance is a private lending company and not affiliated with Student Finance England, the government backed student loan scheme.
Instead of paying your tuition fee upfront or getting traditional financing, you will pay a fixed percentage of your gross income for a period of time once you are working
You only repay when your gross income is at or above the minimum threshold. Your monthly repayments will be based on your income: you only repay what you can afford
The total repayment is always capped and you will never pay more than the cap amount
We evaluate your application based on your potential to succeed, not only on your current financial situation
Always pay a FIXED monthly percentage of your gross income (this tool is for illustrative purposes only and may not be a exact representation of the product)
* Minimun Income ThresholdIf I earn
/ Gross Monthly or / Gross Yearly
I will pay
Frequently Asked Questions
A Shared Income Agreement is a contractual agreement through which your tuition fee is deferred. In exchange, you agree to share a fixed percentage of your income.
You don’t have to pay anything during the period your gross income is below the minimum income threshold. For example, suppose the minimum income threshold for your Shared Income Agreement is £2,000 gross per month (equivalent to £24,000 gross per year). If your gross income falls below £2,000 gross per month, your payments will pause during those months. Your payments will resume when your gross income is at or above the minimum threshold established in your Shared Income Agreement contract.
Shared Income Agreement repayments adjust according to your gross income so that you always pay what you can afford. In addition, the minimum income threshold ensures you will not pay until you make an income that is equal to or above that level.