A Tuition Fee Loan covers the cost of the tuition fees charged by the university or college.
It’s only available to students studying an eligible:
- undergraduate course
- Initial Teacher Training (ITT) course
- Postgraduate Certificate of Education (PGCE)
Interest is charged from the day the first payment is made to the student’s university or college.
The Tuition Fee Loan, plus any interest, has to be paid back but not until the student has finished or left their course and their income is over the repayment threshold.