FCAAuthorised & Regulated · No. 943426 · Lending in the United Kingdom and internationally since 2016
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Education loans for every stage.

Tuition, accommodation, books, travel, living. From £5,000 to £2.5 million, at our flat 1.5% APR. For UK students, international students studying in the UK, and UK students studying abroad.

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What our education loans cover

Tuition fees are the headline cost, but they are rarely the full picture. Our education loans are structured to cover the full cost of studying — accommodation, books, equipment, travel, living, and any specialist costs your programme requires (art supplies, lab fees, professional accreditation).

We finance UK undergraduate and postgraduate study, international students coming to study in the UK, UK students studying abroad, professional qualifications, vocational training, and conservatoire-level programmes.

Who this loan is for

  • Postgraduate students whose government loan does not cover full tuition or living costs
  • International students requiring upfront tuition payment for a UK university
  • UK students studying abroad — the United States, Europe, Canada, Australia
  • Mature students returning to education or retraining for a new profession
  • Students enrolled in conservatoires, art schools, or specialist private institutions
  • Professional qualifications: legal training, medical specialty exams, MBA programmes, ACA
  • Vocational training programmes, trade schools, and apprenticeship-led further education
Coming from Lagos to study at LSE, the upfront tuition was the hardest hurdle. ASAF lent against my offer letter, in a process that respected my background. I am now in my final year. — Adaeze O. · education loan, £58,000 · London, UK / Lagos, Nigeria

How the loan is structured around studies

The most distinctive feature of our education loans is the deferred-repayment option. We can defer the start of your monthly repayments until 12 months after the scheduled completion of your programme — giving you time to graduate, secure employment, and stabilise income before repayments begin.

Interest accrues at the same flat 1.5% APR throughout, but because the rate is so low compared with typical student loan interest rates, the deferral does not balloon your eventual repayment in the way commercial student loans often do.

Funds can be paid directly to the institution (for tuition) or to your personal account (for living costs). Many borrowers structure their loan in two halves — direct-pay tuition for security, lump sum for cost of living.

Repayment deferral

Begin repayments up to 12 months after you graduate. Interest stays at flat 1.5% APR throughout.

International students welcomed

Students from any of our 28 supported countries studying in the UK, or UK students studying abroad.

Direct-pay to institution

Funds can be paid directly to your university, conservatoire, or training provider for tuition security.

The process

From application to funded,
in four steps.

Each step has a defined timeline and a real person attached to your file. No black-box scoring, no run-around.

1
Apply

~3 minutes online

2
Review

Manager calls within 24 hours

3
Decision

Up to 5 working days

4
Funded

Same day on completion

Frequently asked

The honest answers,
before you ask.

Not always. We assess each application on its merits. International applicants can often secure approval without a UK-based guarantor, particularly where the institution is reputable and the programme has strong post-study earning potential. Where a guarantor improves the offer terms, we can structure that flexibility too.
Yes. Our minimum loan is £5,000, and we lend for individual qualifications (ACA, CFA, professional bar exams, conservatoire diplomas, single-year master's programmes). Term lengths flex to match the programme.
During your studies and for up to 12 months afterwards, you make no monthly repayments. Interest at 1.5% APR accrues on the principal during this period, but is only payable once monthly repayments begin. Your manager will model the total cost so there are no surprises.
Yes. For multi-year programmes, we typically structure the facility with annual drawdowns timed to academic year start. You only pay interest on the amount drawn, which makes a 4-year programme substantially cheaper than borrowing the full amount upfront.
Talk to us. The loan does not vanish, but we are sympathetic to changes in academic circumstances. We will work with you to restructure the repayment terms, pause repayments, or convert the facility to a standard personal loan as appropriate.

Begin your education loan

Tuition, accommodation, living, books, travel — covered. Repayment deferral until 12 months after you graduate.

Begin your application → Speak to our team