How it's paid
We pay the Tuition Fee Loan directly to the university or college in three instalments during the academic year.
Students need to register at their university or college before we can make their first payment.
We’ll pay it in three instalments. The first two will be 25% of their Tuition Fee Loan and the third will be the remaining 50% of their loan.
A student borrows a Tuition Fee Loan of £6,935. This will be paid to the college or university as follows:
|Payment||% of total amount borrowed||Amount paid|
|Total amount paid||£6,935|