How it's paid
The Tuition Fee Loan is paid directly to the university or college in 3 instalments during the academic year.
Students need to register at their university or college before we can make their first payment.
The first two payments are each 25% of the total amount borrowed. The final payment is the remaining 50% of the total amount borrowed.
Example
A student borrows a Tuition Fee Loan of £9,535, this will be paid to the college or university in the following payments:
| Payment | % of total amount borrowed | Amount paid |
| 1 | 25% | £2,383.75 |
| 2 | 25% | £2,383.75 |
| 3 | 50% | £4,767.50 |
| Total amount paid | £9,535 |
