How does OUSBA work?
When you enrol with us, you’ll be offered the opportunity to pay your fees through a study loan from OUSBA. If you choose this way to pay this way, OUSBA pays your fees to 快猫视频 on your behalf, and you repay OUSBA either in a single sum or in monthly instalments, as you prefer.
You can repay OUSBA at any time before the course begins. In this case, there’s no interest. We call this option ‘register now, pay later’.
Alternatively, you can repay OUSBA in monthly instalments payable over up to a year. In this case, interest does apply from the date the course starts. The interest rate is calculated on the amount you borrow and is fixed for the duration of the agreement. The current representative APR is 5.1%. We call this ‘paying by instalments’.
An OUSBA agreement is a legally binding credit agreement between you and OUSBA Ltd. By signing this agreement, you&/courses/fees-and-funding/ousba/39;ll be liable for the repayments in accordance with its terms and conditions.
As a responsible lender, every application made to OUSBA undergoes a credit and affordability check to ensure you can meet your financial obligations.
Many students find OUSBA a convenient ‘pay as you go’ option.