Student Loans
for Your UK Studies.
Don't let finances stop your UK study dream. Spendix offers flexible student loans for international students — covering tuition fees and living costs, applied for entirely from your home country.
You do not need to be in the UK to apply. We work with students in Nigeria, Ghana, Zambia, Zimbabwe, Pakistan and neighbouring countries.
Choose the Right Loan for You
All loans are available to international students currently living outside the UK who have received a university offer.
Tuition Fee Loan
Up to £25,000
Covers your full or partial tuition fees paid directly to your UK university on your behalf. No need to pay upfront before you travel.
- Paid directly to university
- Covers full academic year
- Available before you travel
- No UK bank account needed to apply
Living Cost Loan
Up to £12,000
Covers accommodation, food, transport, and daily living expenses for your first year in the UK while you settle in.
- Disbursed to your Spendix account
- Monthly or lump-sum options
- Covers rent, food & transport
- Flexible drawdown schedule
Combined Study Loan
Up to £35,000
Our most popular option — combines tuition and living costs into one simple loan with a single repayment plan.
- One application, one repayment
- Best value interest rate
- Covers full cost of first year
- Renewal available for subsequent years
Who Can Apply?
Our student loans are designed specifically for international students from Africa and South Asia who are planning to study in the UK. You must meet the following criteria:
- You have received a conditional or unconditional offer from a UK university
- You are a citizen of Nigeria, Ghana, Zambia, Zimbabwe, Pakistan or a neighbouring country
- You are between 18 and 45 years old at the time of application
- You have not previously defaulted on a Spendix loan
- You can provide proof of admission (offer letter or CAS number)
- You have a valid passport or national ID
Note: You do not need to already be in the UK. Applications are processed entirely online from your home country. A UK address is not required to apply.
Application Process
Submit Application
Complete our online form with your personal details, university offer letter, and loan amount required. Takes under 10 minutes.
Identity Verification
Upload your passport and proof of admission. Our KYC team verifies your identity — usually within 24 hours.
Loan Assessment
Our credit team reviews your application and assesses the loan amount. We consider your course, university, and repayment capacity.
Offer & Agreement
You receive a formal loan offer with interest rate, repayment schedule, and terms. Review and sign digitally.
Disbursement
Tuition fees are paid directly to your university. Living cost loans are sent to your Spendix wallet or nominated account.
Common Questions
Do I need a UK credit history to apply?
No. We assess your application based on your university offer, course, and personal circumstances — not UK credit history.
When do I start repaying?
Repayments typically begin 6 months after your course start date, giving you time to settle in and find part-time work if needed.
What interest rate will I pay?
Rates are personalised based on your loan type and amount. We will show you the exact rate before you sign — no hidden charges.
Can I apply before I have a university offer?
You can register your interest early, but a formal loan offer requires a confirmed university offer letter or CAS number.
What if my visa is refused?
If your UK student visa is refused, your loan agreement is cancelled and any disbursed tuition fees are recovered directly from the university.
Ready to Fund Your UK Studies?
Speak to our student loans team today. We're here to make your UK study dream financially possible — from wherever you are.