How it's paid
The Tuition Fee Loan is paid 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.
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 £6,935; this will be paid to the college or university in the following payments:
|Payment||% of total amount borrowed||Amount paid|
|Total amount paid||£6,935|