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Student Loan for Tuition Fees

As a student studying at a UK institution outside Scotland you are liable to pay up to £9,000 each year for tuition fees. If you are not sure what fees your college or university will charge, you should check with them. If you are not able to pay your fees before you start your course, instead, you can defer paying them until after you leave your course. You can do this by taking out a loan for the full amount, or, if you are able to pay some of your fees before you start your course, you can take out a loan to pay the balance up to the maximum your institution are charging you.

Your college or university will tell us the amount of fees they are charging for the course you want to do. If you apply to us for a loan to pay all or some of this fee amount, we will pay the same amount of fees straight to your college or university on your behalf. If you do not take out a loan to pay your fees, you will have to make your own arrangements to pay the fees to your college or university.

Students who choose to take out a loan to pay all or some of their tuition fees, will do so on the same terms as a student loan for living costs. Because the amount of the monthly repayment depends on the level of your income rather than the size of the loan you have borrowed, the monthly payment will not increase as a result of taking out a loan to pay your fees as well as a loan for your living costs.

How do I apply for a loan for my tuition fees?

When you apply online, you can apply for the loan for your fees at the same time. You must apply before the closing date of 31 March 2013. We will tell your college or university the amount of fees we are paying on your behalf (this will be the amount of loan you have asked for). We will add the loan for your fees to any loan you already have taken out for your living costs. We will send your details to the Student Loans Company (SLC) and they will make arrangements for you to repay your loan after you have left your course.

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