Introducing Salary Finance

We have now launched Salary Finance to help support you through the cost-of-living crisis.

Salary Finance is our new financial wellbeing benefit provider that offers:

  • Simple savings: Savings account with Yorkshire Building Society where contributions are transferred directly from salary to an instant access savings account, with 2.75% gross Annual Equivalent Rate (AER). You choose how much you want to save and there are no fees or hidden costs.
  • Help to Save: With this government-backed scheme, anyone receiving Working Tax Credit, Universal Credit or Child Tax Credit could earn bonus payments on their savings. You could earn up to £1,200 in tax-free bonuses from the Government over four years. That works out at an extra 50p for every £1 you save.
  • Money insights: Visit the Learn platform and access simple and accessible educational resources to help you navigate and understand your finances. There’s support for all employees including webinars, videos, guides and tools to help make money simple.
  • Loans repaid through salary: Salary Finance also offers loans at affordable rates with a higher acceptance than banks. A lower-rate loan could help to pay off more expensive debt or pay less interest if you need to borrow money for a car, home improvement or unexpected expense. Representative Rate 9.9% APR (fixed). For loans under £5,000, Salary Finance offers a price promise – if you get a better rate they’ll match it.

To find out more about Salary Finance, visit the FAQs page and head to the Salary Finance webpage see the options available.

Don’t forget about our cost of living support webpage and the Emergency Support Fund, where you can get up to £500 from the University to help with a short-term, emergency cash flow problem.


Important: This is an option, not a recommendation. University of Kent does not benefit from offering this service and all your communications will be with Salary Finance. Loan applications will be assessed to ensure the loan is appropriate and affordable for you. “Learn” content is for guidance and educational purposes only and is generic in nature. Salary Finance does not offer regulated financial advice. Please seek independent financial advice.