If you are considering withdrawing from your course, the first point of contact is to talk to your tutor. Whilst they won’t be able to advise you on your finances, there may be a solution to any issues you are facing. Should you wish to progress with your withdrawal, your tutor will arrange this for you but there are financial implications you may need to consider.
Frequently Asked Questions
Depending on the date of your withdrawal, Student Finance England may not pay your full tuition fee liability, so a portion of your fee may be invoiced directly to you by the College. It’s important to remember that any monies paid over to the college by Student Finance England will still form part of your loan to be repaid in future years.
You will have no fee liability and can cancel any student loans you have applied for.
Your fee liability will depend on when you withdraw. You will have a two-week cooling-off period from the date that your course starts until you become liable for the annual course fee. The following will apply according to the funding method chosen after this period:
- Flexpay Instalments
The balance of the loan will become payable in full.
- Adult Learner Loan
The balance of the annual fee, less any monies received by the college from Student Finance England will be due.
- Employer Funded
Fees will be due whether paid by the employer, or not, at the time of withdrawal. The liability lies with the student.
- Self Funded
Fees should be paid prior to enrolment so no refund will be given
If you withdraw within the cooling off period, a small admin charge to be made according to the fees policy.