Tuition Fee Loan Full-time Undergraduate, EU Students
5. How it's paid
Who we pay
A Tuition Fee Loan is paid directly to your university or college on your behalf. If you applied without a confirmed place, tell us if your course has changed so we can pay the correct university or college.
Loan payments are made to your university or college once they have confirmed that you've registered on your course and are attending.
When we pay
Your loan is paid in three lump sums during your academic year, normally around the start of each term. The first two payments are each 25% of the total amount borrowed, the final payment is the remaining 50% of the total amount borrowed.
Andy borrows a Tuition Fee Loan of £4,160, this will be paid to the college or university in the following payments:
|Payment||% of total amount borrowed||Amount paid|
|Total amount paid||£4,160|
Your Notification of Entitlement letter
If your application is successful we'll send you a Notification of Entitlement letter. This letter explains what types of student finance you're getting, how much you'll get and when to expect your payments to be made.
You should always read and keep these letters. Make sure you understand your entitlement and what this means to you.
What is a reassessment, and how can it affect my funding?
We'll work out your new entitlement based on the change and send an updated Notification of Entitlement letter.