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| My Location > Student Based Services > Colleges and Student Life > Student Wellbeing Service > Student Funding > UK Government UG Funding > Tuition Fee Loan | |||
Funding MenuUK Students - Government Undergraduate Funding |
Tuition Fee LoanNew UK/EU students can defer payment of tuition fees until after the end of their course by taking out a student tuition fee loan to cover the amount of their tuition fees. The amount borrowed as a fee loan will be paid by the Student Loans Company directly to the University in three instalments, in October, January and April. The Student Registry is responsible for tuition fee billing. For current tuition fee rates see: http://www.lancs.ac.uk/sbs/registry/undergrads/ugfees.htm
If you borrow less than the full fee amount you are responsible for paying any difference between the tuition fee loan amount the University receives and the tuition fee charged. (E.g. 2012 UK UG Fees £9,000 - you borrow £8,000 and choose to pay £1,000 up front - we will invoice you for £1,000 tuition fees.) Any fee liability that you are due to pay must be paid in two instalments. Half at registration and half the following January.
You may be entitled to a tution fee waiver of £1,000 as part of the National Scholarship Programme
If you decide to pay some amount upfront but have difficulty doing so you can apply to increase your fee loan up to 9 months into the academic year.
Loan Repayment Please see the Loan Repayment on the left hand menu.
Previous Study Please note that if you have already completed a degree you will not usually be eligible for financial support for a 2nd degree. There are limited exceptions to this if you are pursuing certain 'professional courses' (e.g medicine) where selected elements of support may be available (i.e. maintainance loan and some supplementory grants) If you failed to complete a course the period of years undertaken and reason for withdrawal may affect the support available, for guidance contact your assessment body (SFE/SFNI/SFW/SAAS) well in advance of entry. |
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