Student administration
  1. Exams
  2. Replacement certificates
  3. Fees and finance
  1. Other loans
Student administration

Other loans

For other loans such as those from Future Finance, Prodigy Finance, Sallie Mae or US/Canadian Federal Loans, your loan will need to be approved by your provider in order to complete your online registration. These providers will notify City once your loan has been approved.

The following are examples of how your payments would be processed in different situations with these loans.

Example 1

If your tuition fees are £10,000.00 per year and your loan is for 100% of your tuition fees, you will not be required to make any payments to register, unless your loan is not going to be fully paid within the current academic year. Your loan provider will then pay City in accordance to their terms once you have completed your online registration.

Example 2

If your tuition fees are £10,000.00 per year and your loan is for 100% of your tuition fees but only £8,000.00 is due to be paid to City this academic year, you will be required to pay £2,000.00*. Your loan provider will then pay City £8,000.00 in accordance to their terms and you will need to pay fees as follows:

  • £1,000.00 immediately to register
  • £1,000.00 for your second instalment (for students starting in Sept/Oct, this will be 31.01.18)

*You will be able to request a refund of your payment once the final loan disbursement has been received by City.

Example 3

If your tuition fees are £10,000.00 per year, you have paid a £2,000.00 deposit and your loan provider is paying 50% of your tuition fees within the academic year, you will need to pay fees as follows:

  • £500.00 immediately to register *
  • £2,500.00 for your second instalment

£5,000.00 will be paid by your loan provider after you have completed registration

*Your £2,000.00 deposit has been deducted from your first instalment

Example 4

If your tuition fees are £10,000.00 per year, you have paid a £2,000.00 deposit, you have received a £1,000.00 Scholarship from City and your loan provider is paying 25% of your tuition fees per year, you will need to pay fees as follows:

  • £1,750.00 immediately to register *
  • £2,750.00 for your second instalment **

£2,500.00 will be paid by your loan provider after you have completed registration

*Your £2,000.00 deposit has been deducted from your first instalment
**Your £1,000.00 Scholarship has been deducted from your second instalment

Please contact us for information on any other combinations of loan funding.