Financing your higher education studies shouldn’t be a daunting experience and we understand that sometimes people need a helping hand in financing their higher education courses. Studying higher education shouldn’t be a burden and with that in mind, we’ve taken the time to break down the three main routes in financing your studies with us.
Our Higher Education courses can be paid by either a loan from the Student Loans Company, by instalments with Flex Ed. or by paying the full cost upfront.
Our higher education courses are all eligible for a loan from the Student Loans Company. This means that you can get a loan to cover the costs of all tuition fees.
For students who apply for a student loan between 6th April 2019 to 5th April 2020, the loan is repayable once your annual salary rises above the minimum threshold of £25,725. For example, and as shown in the table below, if you were earning £30,000 per year then the repayment on a tuition fee loan will be approximately £32 per month.
|Income each year before tax||9% will be deducted from||Monthly repayment (Approx)|
Flexible Payments Plan with Flex Ed.
A flexible payment plan can be arranged with Oriel Collections Ltd, also known as ‘FlexEd’. Oriel Collections Ltd are licenced to administer your account and will collect your payments each month. There is an administration charge of £6 per month which will be collected in advance with your first instalment.
Please contact our Higher Education Advisor on 01582 477776 for further information.
Full Cost Payments
Full cost payments can be made once you have completed your enrolment onto the course. Tuition fees must be paid in full before the course start date.
Please contact Reception on 01582 477776 to arrange the payment by credit or debit card.
Maintenance loans are also available depending on individual circumstances. Please contact Student Finance England to learn more about maintenance grants and whether you are eligible to apply for them.
Student Finance England contact details are:
Telephone: 0300 100 0607
Monday to Friday, 8am to 8pm
Saturday, 9am to 4pm
Student Finance England
PO Box 210
Darlington DL1 9HJ
Additional financial support
We recognise that sometimes, through no fault of your own, learning can be the last thing on your mind if you’re surrounded by money worries, which is why our exceptional student services team is on hand to help. Our Advisors can help you through finance processes to ensure that you get the most amount of support as possible; this might be additional bursaries or grants to help with course materials, discounts on travel expenses and much more.