Paying Tuition fees by Direct Debit
The University offers the flexibility to make payment of your tuition fees in instalments by Direct Debit. We offer either a termly or monthly plan:
| Termly Plan|| Monthly Plan|
|| 1st October 2016
| 1st November 2016
|| 1st November 2016
|| 1st December 2016
|| 1st January 2017
| 1st February 2017
|| 1st February 2017
|| 1st March 2017
|| 1st April 2017
| 1st May 2017
|| 1st May 2017
To be eligible to pay by instalments, you must have a UK bank account that accepts Direct Debits. If you are unsure of the type of account you have please check with your bank or building society.
If the total of your Direct Debit plan is greater than £9,500 a non-refundable interest charge will be applied that will not exceed 1% above the base rate of the Bank of England (currently 0.25%) at the time of the instalment plan application, this is a total interest charge of 1.25%.
Example: If you are paying £10,000 by Direct Debit there will be an interest charge of £125, so the total that you will pay will be £10,125 divided into either the termly or monthly instalments that you have selected.
Terms and conditions of paying by Direct Debit
Change of Bank Account Details
If you are an existing Direct Debit payer and wish to amend your bank account details please complete this Change of Bank Account Details Form
Change of Contact Details
If you change your address or the email address that we use to contact you, please email email@example.com or telephone +44 (0)121 414 6074, quoting your plan reference number (this is the number that starts TFxxxxxxx). If you are a student, then in addition to telling us about your change of address, you will need to change your address with the University by changing your address online via my.bham.
You have the right to cancel your Direct Debit at any time. To cancel your Direct Debit please email firstname.lastname@example.org. Please be aware that if you cancel your Direct Debit, the balance of your account will fall due immediately.
The University incurs additional administrative costs when collecting late payments. If we fail to receive payment when requested, a default charge of £50 or 1.5% (whichever is greater) will be charged to cover these costs.
Direct Debits Explained
A Direct Debit is an instruction from you, to your bank or building society, that tells them to pay the University agreed amounts from your account. You will receive a list of the collection dates and the amounts when we set up your Direct Debit (this is called an Advance Notice), Your bank will then automatically pay the University these amounts on the collection dates.
When you are paying by Direct Debit instalments, you are protected from errors by the Direct Debit Guarantee.
If you would like to make payment of your tuition fees in instalments by Direct Debit please click: ‘Apply Now’ and complete the form.
Please note that you may not receive your schedule of payments (Advance Notification) until you have registered with the University for the current academic session.