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Finance, Planning and Analytics

Interest Free loans for travel

Can I apply for an interest free loan for travel to and from the University and what are the requirements for this?

The University offers interest free loans for members of University staff to purchase bus, train or ferry season tickets. The following page explains how staff can take advantage of this initiative.

A member of staff can apply for a bus, train or ferry season ticket loan through the University of Southampton. Loans are available to purchase season tickets for travel to and from the member of staff's normal place of work and must be six months or twelve months in duration. The member of staff then repays the cost of the ticket in 5 or 10 monthly instalments respectively, directly from their net pay. By purchasing a season ticket in this way, staff have to make no initial outlay themselves and benefit from reduced travel costs.


If you have any specific questions please contact Payroll Services, Building 37, telephone number 24717 or email: payroll@soton.ac.uk

What do I do in order to apply for an interest free load for travel?

1. Complete the necessary application forms, taking care to read the conditions of loans

These services are the ones currently arranged by the University. We will consider adding other suppliers. In case of enquiries apply to Payroll Services Section internal tel. 24717 in the first instance.

2. Complete Section One of the relevant UoS interest free loan application form - please note that;

  • Applicants must be salaried members of University of Southampton staff with a Payroll number.
  • Season tickets must be for 26 or 52 weeks duration.
  • The maximum interest free loan that can be applied for is £2000.
  • Applications are received and processed in accordance with the terms and conditions of the travel operator and the University's scheme. In signing up to the scheme, applicants agree to comply with all such terms and conditions.

3. Complete the relevant season ticket application form - please note: photos may be required for some season tickets.

4. Send the completed loan application form to the Payroll team, Room 3083, Building 37, Highfield Campus.

5. The payment of the loan will be made directly into the applicant's back account. The Payroll team will contact the applicant to confirm the payment and repayment arrangements.

6. The applicant should forward proof of their season ticket purchase to the Payroll team.

7. Deductions from net pay will then commence for either 5 or 10 consecutive months.

Who do I contact about interest free loans for travel to and from the University?

Please contact the Payroll team in Building 37, room 3083, Highfield Campus or email: payroll@soton.ac.uk

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