Postgraduate and Career Development loans
If all or part of your tuition fees will be covered by a Postgraduate loan from Student Finance or a Career Development Loan, you will need to email a copy of your Postgraduate Loan Summary to income@city.ac.uk. We will accept your loan payments on the loan disbursement dates. If your loan is less than your tuition fees, you will need to pay the remaining fees in line with the dates of our instalment scheme.
The following are examples of how your payments would be processed in different situations with these loans.
Student Finance postgraduate loan
Example 1
If your tuition fees are £10,000.00 per year and your PGL is for £10,000.00, you will not be required to make any payments to register. You are required to forward a copy of your PGL payment summary to income@city.ac.uk and you can then pay your fees in accordance with your loan disbursement dates.
For example:
Expected date of loan payment to you | Amount | Payment date and amount to be paid by you to City |
---|---|---|
26th September 2017 | £3,300.00 | 30th September 2017 - £3,300.00 |
25th January 2018 | £3,300.00 | 31st January 2018 - £3,300.00 |
26th April 2018 | £3,400.00 | 30th April 2018 - £3,400.00 |
Example 2
If your tuition fees are £18,000.00 per year and your PGL is for £10,000.00, you are required to forward a copy of your PGL payment summary to income@city.ac.uk and you can then pay your fees as follows:
- £4,000.00 immediately to register
- £4,000.00 for your second instalment (for students starting in Sept/Oct, this will be 31.01.18)
The remaining £10,000.00 can then be paid by you in accordance with your loan disbursement dates. For example:
Expected date of loan payment to you | Amount | Payment date and amount to be paid by you to City |
---|---|---|
26th September 2017 | £3,300.00 | 30th September 2017 - £3,300.00 |
25th January 2018 | £3,300.00 | 31st January 2018 - £3,300.00 |
26th April 2018 | £3,400.00 | 30th April 2018 - £3,400.00 |
Example 3
If your tuition fees are £18,000.00 per year, your PGL is for £10,000.00 and you have paid a £2,000.00 deposit, you are required to forward a copy of your PGL payment summary to income@city.ac.uk and you can then pay your fees as follows:
- £2,000.00 immediately to register *
- £4,000.00 for your second instalment (for students starting in Sept/Oct, this will be 31.01.18)
*Your £2,000.00 deposit has been deducted from your first instalment
The remaining £10,000.00 can then be paid by you in accordance with your loan disbursement dates. For example:
Expected date of loan payment to you | Amount | Payment date and amount to be paid by you to City |
---|---|---|
26th September 2017 | £3,300.00 | 30th September 2017 - £3,300.00 |
25th January 2018 | £3,300.00 | 31st January 2018 - £3,300.00 |
26th April 2018 | £3,400.00 | 30th April 2018 - £3,400.00 |
Example 4
If your tuition fees are £18,000.00 per year, your PGL is for £10,000.00, you have paid a £2,000.00 deposit and you have a £2,500.00 Scholarship, you are required to forward a copy of your PGL payment summary to income@city.ac.uk and you can then pay your fees as follows:
- £2,000.00 immediately to register *
- £1,500.00 for your second instalment ** (for students starting in Sept/Oct, this will be 31.01.18)
*Your £2,000.00 deposit has been deducted from your first instalment
**Your £2500.00 Scholarship has been deducted from your second instalment
The remaining £10,000.00 can then be paid by you in accordance with your loan disbursement dates. For example:
Expected date of loan payment to you | Amount | Payment date and amount to be paid by you to City |
---|---|---|
26th September 2017 | £3,300.00 | 30th September 2017 - £3,300.00 |
25th January 2018 | £3,300.00 | 31st January 2018 - £3,300.00 |
26th April 2018 | £3,400.00 | 30th April 2018 - £3,400.00 |
Career Development Loan
Example 1
If your tuition fees are £10,000.00 per year and your CDL is for £10,000.00, you will not be required to make any payments to register. You are required to forward a copy of your CDL payment summary to income@city.ac.uk. The University will then receive payments from your loan provider in accordance with your payment summary.
Example 2
If your tuition fees are £10,000.00 per year, you have paid a £2,000.00 deposit and your CDL is for 50% of your tuition fees, you will need to pay fees as follows:
- £500.00 immediately to register *
- £2,500.00 for your second instalment (for students starting in Sept/Oct, this will be 31.01.18)
The University will then receive £5,000.00 from your loan provider in accordance with your payment summary.
*Your £2,000.00 deposit has been deducted from your first instalment
Example 3
If your tuition fees are £10,000.00 per year, you have paid a £2,000.00 deposit and your CDL is for 25% of your tuition fees, you will need to pay fees as follows:
- £1,750.00 immediately to register *
- £3,750.00 for your second instalment (for students starting in Sept/Oct, this will be 31.01.18)
The University will then receive £2,500.00 from your loan provider in accordance with your payment summary.
*Your £2,000.00 deposit has been deducted from your first instalment
Example 4
If your tuition fees are £18,000.00 per year, you have paid a £2,000.00 deposit, you have received a £1,000.00 Scholarship from the university and your CDL is for 25% of your tuition fees per year, you will need to pay fees as follows:
- £4,750.00 immediately to register *
- £5,750.00 for your second instalment ** (for students starting in Sept/Oct, this will be 31.01.18)
The University will then receive £4,500.00 from your loan provider in accordance with your payment summary
Please contact us for information on any other combinations of loan funding.