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    I have received an offer to study an MSc this September. The university is asking for 20% of the annual fee to be paid by the start of the course (24th September). Will this be before I receive the first installment from Student Finance?
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    (Original post by Osw_93)
    I have received an offer to study an MSc this September. The university is asking for 20% of the annual fee to be paid by the start of the course (24th September). Will this be before I receive the first installment from Student Finance?
    Hi Osw_93,

    The payments for the Postgraduate Loan are based on the term start dates that are listed on their course database. So we will schedule the first payment for the same date as the first term (if your application is approved and we have received confirmation of registration from the University).

    I hope this information helps.

    Kind regards,

    John.
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    (Original post by Osw_93)
    I have received an offer to study an MSc this September. The university is asking for 20% of the annual fee to be paid by the start of the course (24th September). Will this be before I receive the first installment from Student Finance?
    Hi Osw_93,

    As not every student that applies for a Postgraduate Loan will actually take up the place, if you start your Masters course in September, you will not receive your first instalment until the university confirm your registration.

    The second instalment will be the last Wednesday in January and the final instalment, the last Wednesday in April.

    You should speak to the university, as this is a contribution loan, not specifically for fees or living costs and it is paiddirect to you.

    The universities are aware this is how the Postgraduate loan is paid and aware that some students will be using the loan towards their fees, many have payment plans in place that coincide with when they expect you to get your payments.

    Thanks Rona
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    (Original post by John B SFE)
    Hi Osw_93,

    The payments for the Postgraduate Loan are based on the term start dates that are listed on their course database. So we will schedule the first payment for the same date as the first term (if your application is approved and we have received confirmation of registration from the University).

    I hope this information helps.

    Kind regards,

    John.
    Thank you! Do you know when postgraduate applications for student finance will be available to do online?
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    (Original post by Osw_93)
    Thank you! Do you know when postgraduate applications for student finance will be available to do online?
    You're very welcome,

    The applications should be available around Juner.

    Best wishes,

    John.
 
 
 
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