About the interest-free loan scheme
The University is offering an interest-free loan to new and current employees to help with the costs associated with Home Office application fees and related legal advice for you and your dependants, regarding securing a legal right to live and work in the UK.
If you are a new employee who has had to relocate your permanent residence to within a daily travelling distance of your University of Bath work location as a result of taking up your post, you may be eligible to claim for the cost of your visa under the University's Relocation Scheme.
What the loan covers
The loan may cover the costs associated with:
- an application for a new Skilled Worker Visa for you or your dependants
- an application for a Skilled Worker Visa extension for you or your dependants
- an application for a new Global Talent Visa for you or your dependants
- an application for a Global Talent Visa extension for you or your dependants
- Immigration Health Surcharge (IHS) fees
- an application for an approved English Language Test or UK National Information Centre for global qualifications and skills (UK ENIC) (formerly known as UK NARIC) fees
- UK legal fees for immigration advice
- an application for Settlement / Indefinite Leave to Remain
- an application for British Citizenship
The loan amount
You can borrow a maximum value of less than £10,000.
The interest-free loan can be used to cover all or part of the fees that you have incurred, or are due to incur.
You may be eligible for one other interest-free loan (totalling a maximum value of less than £10,000) at the University for the purpose of commuting to work. Please contact Reward-HR@bath.ac.uk for any further information.
You should only request an interest-free loan up to the value that you need to cover the costs associated with Home Office application fees and legal advice, and for the purpose with which it is intended.
For audit purposes, you will need to attach copies of all relevant invoices and receipts to your loan application form. If these invoices and receipts are not available at the time you make your application, they will need to be forwarded to the Payroll Team directly with a copy of your loan application form as soon as possible.
Getting and repaying the loan
Once approved, the loan will be paid directly into your bank account by direct transfer, usually within 10 working days.
The loan will be repayable by deduction from your monthly salary by equal instalments up to a maximum of 36 months or the length of the employment contract term, whichever is the shorter.
Repayments will begin in the next payroll run following the payment of the interest-free loan lump sum.
To be eligible for an interest-free loan under this scheme you will:
be an employee on an open-ended or fixed-term contract of employment of 12 months or more. If you have less than 12 months remaining on your contract at the point of application, you will not be eligible.
be able to apply for the interest-free loan once you have started employment at the University.
There are no restrictions in place preventing one or more employees from the same household claiming an interest-free loan if they are eligible to do so.
For the purposes of this scheme, 'dependants' refers to the following: husband, wife, civil partner, unmarried or same-sex partner and your children aged 18 or under at time of application.
The application process
The following guidelines should be followed when making an application for an interest-free loan:
- applications must be made using the interest-free loan application form
- applications must be submitted to the Staff Immigration Team in the first instance.
- once employee status has been authorised, HR will send your application form to the Payroll Team for consideration
- the Payroll Team will notify you by email as to the outcome of your application, prior to the loan being transferred into your bank account
- as part of your application, you will need to provide a full breakdown of actual or anticipated costs and who they relate to
- an application will be rejected if it is received after an employee has given notice of resignation or they do not meet the eligibility criteria as set out in this scheme
- it will be a condition for receiving assistance that all the terms of this scheme are accepted by the employee
If you leave the University
If you leave the employment of the University, for whatever reason, before the loan is repaid, the outstanding balance will be deducted from your final monthly salary and if this is insufficient by direct payment from you before the last date of your employment at the University.
Please note that this scheme is non-contractual and the University reserves the right to amend or withdraw it at any point.
The University reserves the right whether or not to grant an interest-free loan to an individual at its discretion.
The following links will help you with your application:
Approved English Language Test or UK National Information Centre for global qualifications and skills (UK ENIC) (formerly known as UK NARIC)