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Working with Coventry University

Working with CU Coventry

CU Coventry is a diverse and exciting place to work and we share the enthusiasm of our staff and students to be the best at whatever they choose to do. We offer some impressive benefits for our staff and are committed to delivering the very best opportunities. We also have a comprehensive training, personal and professional development programme that provides our employees with the skills to enhance their performance in the workplace and grow in their careers. For both students and staff alike, now is an exciting time to join CU Coventry.

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Funding and Finance

Funding and Finance

CU Coventry is committed to high quality, cost-effective learning opportunities. We are also committed to keeping our pricing structure simple, transparent and easy to understand.

The fees that you pay at CU Coventry are significantly lower than those at many other comparable institutions. Fees cover all of your classes, online tutorials, some of the learning materials and access to our Library & Learning Services.

We firmly believe that CU Coventry gives you access to a quality and relevant learning experience at a price that represents excellent value for money. We also believe that you will be able to judge the returns on your investment through your improved career prospects.

Payment

If you are a full-time or part-time student with a fixed number of modules for the academic year, you can pay in four different ways. When you enrol for your studies you must have your tuition fee funding arranged so make sure you start planning this early.

1. Payment in full

The easiest way to pay your fees is by bank transfer directly into the appropriate designated bank account or by online card payment using the secure online payment form.

Online card payments
CU Coventry accepts payment in full by most major debit and credit cards, with the exception of American Express and Diners Club card. You can pay in full by using our online secure payment form as part of the enrolment process.

Bank transfer
You can also make your payment by bank transfer or internet transfer. Please email studentfinance.cuc@coventry.ac.uk for the bank details for transfer payment.

Please quote your Student ID number as the payment reference so that we can identify it upon receipt. This can be found on your offer letter.

Payments in person 
You can pay in person at our Customer Service Desk in the Armstrong Siddeley Building (CV1 5FB) by card, cheque and bankers draft. All major credit cards are accepted, with the exception of American Express and Diners Club card.

We cannot accept payments by cash.

Postal payments - cheques and bankers drafts only
Cheques should be made payable to CU Coventry. Please remember to write your full name and student ID number on the back of the cheque and send it to:

CU Coventry, Priory Street, Coventry, CV1 5FB.

 
3. Payment by Instalments

If you would like to pay an agreed number of instalments using your debit or credit card you will need to sign up to this method of payment when you enrol on your course. We will then send you an email to confirm the dates and amounts of the instalments prior to the first collection. Instalment payments can be made using most major credit and debit cards, with the exception of American Express, Diners Club card, Maestro and Solo.

If you are a full-time student the instalments will be spread throughout the academic year.

2. Payment by your sponsor or employer

If a recognised sponsor or your employer has agreed to pay your tuition fees for you, we will invoice them when you enrol on the course. In order to do this a sponsorship letter must be provided prior to enrolment on company headed paper and include the following information:

  • Sponsor's full name, department, address & contact details (telephone and email)
  • Student’s full name
  • CU Coventry as the payee
  • Course title the student is being sponsored for
  • Course start date or academic year and stage being sponsored
  • Full amount of sponsorship
  • Purchase order or reference number that needs to be quoted on the invoice
  • Invoice address if different to sponsor's listed address

Sponsor letters are accepted on the terms and conditions of enrolment. Any sponsor invoice not paid will default back to the student directly who will then be liable for any debt incurred.

4. Tuition Fee Loan from Student Finance England (SFE)

Full-time and part-time students are able to access a tuition fee loan from Student Finance England. We recommend that you apply early for SFE support to ensure that your funding is in place in time for the start of term.

Once your loan has been confirmed, SFE will send you a Financial Notification letter showing that you have been approved for a tuition fee loan for CU Coventry, along with any maintenance support that you can access. In many cases this funding will have been confirmed to us by SFE in advance of your enrolment, but please bring a copy of your letter with you to enrolment as proof that SFE will be paying your fees on your behalf.

Government Funding

Full-time (Home/EU)

If you're a UK or EU student you may be eligible for a tuition fee loan from Student Finance England (SFE) which means you won't have to pay your tuition fees in advance. We recommend that you apply early for SFE support to ensure that your funding is in place in time to start your studies. 

Part-time/Weekend Study (Home/EU)

Please talk to us before you apply for your loan. We will need to discuss which modules you'll be studying and whether you will complete three or four modules per year. At CU, if you are planning on completing three modules per year, each module is classed as 25% of a full-time course, so you can easily calculate you part-time tuition fee loan once you have finalised which modules you are going to enrol on. This is applicable to all of our courses. 

If you are studying four modules per year, you will need to apply for a full-time undergraduate tuition fee loan. By studying four modules per year, you will be able to finish your degree in three years. As this is classed as a distance-learning style course, you will not be entitled to the full-time support package, which includes maintenance loans. 

More on Tuition Fee Loans

You don’t need a confirmed place to apply – you can use your first choice of course and change it online at a later date if you need to. For a range of helpful tools and guidance students can visit The Student Room.

Once your loan has been confirmed, SFE will send you a Financial Notification letter showing that you have been approved for a tuition fee loan for CU Coventry, along with any maintenance support that you can access. In many cases this funding will have been confirmed to us by SFE in advance of your enrolment, but please bring a copy of your letter with you to enrolment as proof that SFE will be paying your fees on your behalf.

Access to HE

The Advanced Learner Loan is available to those over the age of 19 (on the first day of your course) to cover the cost of your Access to HE tuition fees. If you go on to successfully complete a degree, the outstanding balance from your Access course will be written off. 

Student Maintenance Loans

In addition to the Tuition Fee Loan, home-based, full-time undergraduate students may be eligible for a Student Maintenance Loan. If you need to apply for a maintenance loan then you must also do this through Student Finance England. This loan is paid directly to you and is designed to cover everyday living costs while you study. The amount you may be eligible to borrow is based on your household income and whether you are planning to live at home or in university accommodation. 

You won't need to repay the university loans until after you have completed your course and are earning a salary over the repayment threshold, which is currently £25,000. 

From 2018/2019 part-time degree level students are also entitled to apply for a maintenance loan. Please note HNC and HND courses are not eligible for a maintenance loan. More details can be found on the Student Finance website.

EU students may be eligible for a maintenance loan if they have lived in the UK for more than 5 years or they are a migrant worker.

To see what funding you may be eligible for, and for more information on repaying student loans, head to the Student Finance website.

FAQs

My funding has not been confirmed?

If you've applied for student finance but not yet received your confirmation, you can still enrol on your course. However, we will expect you to arrange payment by another method while you wait for confirmation to arrive. We will refund any payments that you have made after your student finance has paid its contributions.

I am a UK full-time student – what are my options?

As a full-time student resident in the UK, you can apply for a loan to cover the cost of your tuition fees. You can also apply for a maintenance loan to cover your living costs. Certain full-time students also qualify for living cost grants; these are awarded on the basis of household income. Full-time students can apply for tuition fee loans online at the Student Finance website

I am an EU full-time student – can I get student funding?

If you're a full-time student who is an EU national and normally resident in the EU, you can apply for a loan to cover the cost of your tuition fees. 

You may also be eligible for a maintenance loan if you have lived in the UK for more than 5 years or are a migrant worker

EU students applying for finance in 18/19 will retain the rights to funding for the length of their course after we have left the EU. Further information on this can be found on the Student Loans Company website

I am studying part-time – can I get student funding?

Please talk to us first before you apply for your loan. We will need to discuss which modules you'll be studying and what the full-time weighting of these modules will be. At CU Coventry each module is classed as 25% weighting of a full-time programme, so you can easily calculate your full tuition fee loan once you have finalised which modules you are going to enrol on. This is applicable to all of our courses. 

From academic year 2018/2019 part-time students starting a Bachelor’s Degree course on or after 1 August 2018 can apply for a maintenance loan to help with day-to-day living costs, which is paid directly to you. Please note HNC and HND courses are not eligible for a maintenance loan.

It has to be paid back, plus any interest, but not until your income is over the repayment threshold.

How and when do I repay the loan?

Full-time and part-time students who start their course after 1 September 2012 begin paying back their student loan once their income is over the repayment threshold which is currently £25,000 a year. If your income falls below £25,000 a year, your repayments stop. If you're a part-time student earning more than £25,000 a year, you start repaying your loan in the April four years after starting your course. This applies even if you're still studying. Students can pay back all or some of their loan at any time without incurring an early repayment charge. 

Where can I find out more about student loans?

For full information on the types of loans that are available, how much you can get and how you'll be expected to repay, more information can be found on the Student Finance website.