Thinkspace postgraduate students are eligible for a number of student finance programs both in the UK and the USA. We also pleased to offer an interest free payment plan so you can graduate debt free. We set our fees in pounds sterling, US dollars and euros so students can plan ahead and are protected from exchange rate fluctuations.
Private student loan provider Sallie Mae now provides finance for ThinkSpace postgraduate students through its relationship with the University of Chichester. Their graduate student smart loan program provides finance for all ThinkSpace graduate degrees. For details of how to apply and full terms and conditions, see their web site.
Studying at a UK based distance learning institution, you are not eligible for Title IV federal loans.
The Career Development Loan is available only for those of 18 years or over who have lived in the UK for 3 years. If you fit this criteria you may qualify for a Career Development Loan. These are loans of up to £10,000 to cover the cost of course fees, living expenses and equipment. Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying. Repayments start one month after your finish your course.
The best summary of Career Developments Loans is found here http://www.moneysavingexpert.com/students/career-development-loans CDLs are currently offered through Barclays and the Cooperative Bank.
English Postgraduate Student Loans
Private alternative providers like ThinkSpace are not currently able to offer Postgraduate Student Loans but we hope that situation will change in years to come.
Borrowing money is a serious decision and we would urge you to borrow responsibly and consider carefully how you will afford repayments.
Interest Free Payment Plan
For most students, the best value is our very own interest free instalment plan. Affordable monthly payments that spread the cost of your course over the length of time you are studying. It means you graduate debt free.
For example, for a part time student on a 3 year MA program, repayments would be less than $360 a month.
Paying for Your Course
The interest free payment plan is available to all students except those in receipt of a Career Development Loan or Sallie Mae Student Loan.
For those eligible for the interest free payment plan, monthly payments can be made by credit card (subject to a 3% surcharge) or bank transfer.
You pay your fees in full at the start of your course or we can invoice you at the start of each term.
We have sterling, euro and dollar accounts in the UK and a dollar account based in the USA. You cannot use Paypal to pay degree course fees.
When paying by wire or bank transfer include your student number as the reference.
We are restricting interest free payment plans to those who really need it. “Interest free” costs us money and by limiting its availability to those without access to external sources of funding, we hope we will be able to avoid increasing the fees for everybody. As always, if any of this gives you a real problem, drop us a line and we’ll see what we can do.
My name is Tim and I’m the MA course manager here at ThinkSpace. If you have any questions that you’d like answering, please don’t hesitate to fill in the contact form below, or email me at email@example.com.