Repaying your Student Loans- Home Students:
Once you have finished university, you will begin paying your student loan back when you earn over a certain salary, this is called the repayment threshold. If you earn above the threshold, the amount you repay monthly will depend on the amount that you earn. Whether you are an employee, self-employed or if you have moved overseas, you will still need to pay back your loan. The threshold does change from time to time, so for up to date on the threshold check the UCAS website here.
Repaying your Student Loans- International Students:
Once you accept an offer to study at UCA, you will be asked to pay a deposit as part payment of your tuition fees. You will receive an offer letter which will state how much you will need to pay. Once you have paid your deposit, a Confirmation of Acceptance for Studies (CAS) number will be issued to you, which you will need to apply for your student visa. For the remainder of your tuition fees, you will have an agreed plan with the finance department, stating how much you will need to pay and when. It is very important that you meet this payment plan.