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Students with a Postgraduate Loan from the Student Loans Company

The University of Warwick understands students who are using a postgraduate loan (PGL) from the Student Loans Company (SLC) to fund or partially fund their studies may not be able to meet the University’s standard instalment arrangement (50% in term 1, 25% in term 2 and 25% in term 3) as the SLC have a different schedule of payments. To support you, if you are using a PGL to fund your study you can request to pay tuition fees in a way that reflects the schedule of the SLC loan payments.


Postgraduate Taught

If you are using a PGL to fund a postgraduate taught course, the SLC have confirmed the loan will be paid in 3 equal instalments annually based on the University’s standard term dates in 2018/19. Given this, the University may agree to a special 3 equal instalment arrangement (i.e. 33% in term 1, 33% in term 2 and 34% in term 3) for your tuition fees to reflect the PGL funding schedule.

To request this special payment arrangement you must complete the PGL arrangement form and provide your loan approval letter from the SLC by the 31st December each academic year. Your loan approval letter must clearly show your name, address and the payment dates and amounts of your SLC loan. Please note that requests submitted after this date will not be considered.

Your PGL may not be sufficient to cover your fees so you are strongly advised to make adequate financial provision before you commence your study. You are expected to make payment in full for each instalment within 3 days of receiving your PGL payment including any shortfall between your PGL and the fees due.

If you fail to pay in accordance with the new payment arrangement the University reserves the right to withdraw this special payment arrangement and request that you make payments according to the standard termly payment arrangement.

If you are intending to use your postgraduate loan to pay your fees, you are advised not to set up a Direct Debit. You will have to use an alternative method of paying your fees. This is because the dates on which the University takes payment by Direct Debit may not fit with the PGL payment dates by the SLC. If you set up a Direct Debit you may incur bank charges due to a rejected collection and you may also be charged an administration fee of £20.00 by the University.


Postgraduate Research

There is no fixed term dates for postgraduate research students. If you are using a PGL to fund a postgraduate research course, the loan will be disbursed in 3 equal instalments annually based on your start date in 2018/19. Given this, the University may agree to a special 3 equal instalment arrangement for your tuition fees to reflect the PGL funding schedule.

To request this special payment arrangement you must complete the PGL arrangement form and provide your loan approval letter from the SLC within 4 weeks from the loan approval date. Your loan approval letter must clearly show your name, address and the payment dates and amounts of your SLC loan. Please note that requests submitted outside the timescale will not be considered.

Your PGL may not be sufficient to cover your fees so you are strongly advised to make adequate financial provision before you commence your study. You are expected to make payment in full for each instalment within 3 days of receiving your PGL payment including any shortfall between your PGL and the fees due.

If you fail to pay in accordance with the new payment arrangement the University reserves the right to withdraw this special payment arrangement and request that you make payments according to the standard termly payment arrangement.

If you are intending to use your postgraduate loan to pay your fees, you are advised not to set up a Direct Debit. You will have to use an alternative method of paying your fees. This is because the dates on which the University takes payment by Direct Debit may not fit with the PGL payment dates by the SLC. If you set up a Direct Debit you may incur bank charges due to a rejected collection and you may also be charged an administration fee of £20.00 by the University.