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.
A student borrows a Tuition Fee Loan of £9,250, this will be paid to the college or university in the following payments:
|Payment||% of total amount borrowed||Amount paid|
|Total amount paid||£9,250|