Living abroad

jumpers12

Hi there,

I have been offered a job abroad in the US starting in September after I graduate, but was interested in taking a graduate loan from the UK.

I'm a British citizen and UK resident, and would be working on a temporary visa in the US (having no legal right to remain). I'm on the electoral register at my parents' home, where I return at Christmas and when I'm not at university, and I have existing accounts in the UK.

My salary would be paid into a US account, but I'll make regular transfers to the UK to service my UK student loan.

Do you know if my temporary living abroad would destroy my eligibility for graduate loans?

Thanks for your help!

JasX

1- Depends if you tell them, although if you do this after you've accepted the offer and committed to the move starts to veer towards being a bit 'dodgy'.

2- Is there no other forms of finance and/or reloaction assistance that comes with the job? perhaps even just an advance against your salary to cover moving expenses if nothing else.

Otherwise not better to start small and live particularly frugally (eg house share for the first 6 months) to avoid as much of the loan/interest as you can to put you back on your feet alot sooner and being better off in the long term?