Finance

Pay your tuition fees if you have a US loan

If you have a US federal loan or private loan, an instalment plan will be set up to align with your loan disbursement dates. You must provide your bank details using the Convera Global Pay Payee Manager system so any surplus funds due after a tuition fees payment can be refunded back to you.

What you need to do to pay your fees with a US loan

1. After your loan is confirmed, an instalment plan to pay either half or one third of your tuition fees will be set up to align with the loan disbursement and each disbursement will be applied towards the cost of your tuition fees.

2. Register how you will pay your tuition fees using the form provided. 

3. Register as a student online and confirm your attendance with your school. 

4. If there are any fees still to pay after a loan disbursement, then you will need to make a manual payment immediately after each loan payment date.

Step 1: Provide your bank details

Once your US federal or private loan is confirmed, you will receive a funding confirmation letter (Financial Aid Award Letter) with payment dates for the loan, the amounts, and start and end date of the loan period. A member of the Scholarship team will be in contact and ask you to provide your bank details on the Convera Global Pay Payee Manager system. 

You must sign up for the Convera Global Pay Payee Manager system, so that the University can request the release of funds from the US Treasury. You can find out how to do this on the New Students website.  

How to provide your bank details

You are responsible for keeping your bank details up to date in the Convera Global Pay Payee Manager system. 

We cannot process your loan without your bank details. 

US loan checklist  

You should read our US loan checklist to ensure you apply for your loan before the deadline and follow all the steps.  

Read our guide to US loans

Step 2: Register how you will pay your tuition fees (if you have not done so)

If you have not already completed this form, you should do so now to tell us how you will pay your fees. 

You will need to complete this form once at the start of every academic year, or whenever the way you fund your studies changes. 

You do not need to complete this form if you have done so previously in the current academic year. Only complete it again if the way you fund your studies has changed. If you do not need to complete the form again, go to step 3. 

Register how you will pay your tuition fees (if you have not done so) (secured)

Step 3: Complete your student registration online 

As part of the matriculation process, you will need to complete online registration for each academic year. 

How to complete your student registration

Confirm your attendance 

Your school must confirm your attendance and that you have started your studies. 

The process for confirming your attendance depends on your school, type of study and programme. Your school will contact you around the start of your programme to explain the next steps. If you have any questions, contact your school directly. 

Step 4: Pay the difference in value once your loan is converted

The value of your US loan is converted to British pound sterling (GBP). Due to the conversion, this means you will have to pay any difference in value after each loan payment is taken. 

You will receive a Funding Confirmation Letter (Financial Aid Award Letter) which confirms the loan amount, disbursement dates and loan period start and end date. 

How much you pay on each disbursement date

The expected loan disbursement dates will vary depending on your programme and level of study.  

If you are an undergraduate taught student

  • 50% of your tuition fees will be taken in October  

  • 50% of your tuition fees will be taken in February  

If you are a postgraduate taught student 

  • 33% of your tuition fees will be taken in October  

  • 33% of your tuition fees will be taken in February  

  • 34% of your tuition fees will be taken in June  

If you are a postgraduate research student 

  • 50% of your tuition fees will be taken in October  

  • 50% of your tuition fees will be taken in April  

How to make a payment 

You will need to make a manual payment for any difference in value immediately after each loan payment date. You can pay by one of the following options:  

  • card 

  • bank transfer or online payment platform  

Make a payment

You will receive an email reminder to tell you how much you will need to pay manually. You can also check My finance after the loan payment date to see how much you owe.  

Defaulting on a payment

Check My finance  

You can find a record of your invoice and any fee payments in My finance. You can find My finance by logging into MyEd. 

Log in to MyEd

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