At London Met Online, we want you to be able to make an informed decision when it comes to your finances, and we offer various payment options to make our courses as accessible and flexible as possible.

We are happy to assist you and provide any further information that would be helpful in making the best decision for you and your circumstances.

Each of our course pages lists the fee information specific to that course. Tuition fees are calculated based on your country, and whether you are choosing to pay by module or for the full course. Full course or full module upfront payment incurs a 10% concession for intakes in 2021-2022 for all regions. Finance options for students enrolling from Australia and India are given below:

UK finance options

Post Graduate Loans

The Student Loans Company offers a non-means-tested Postgraduate Loan of up to £11,570 for students starting in 2021-22. The loan is a contribution towards the costs of study, and it is therefore at the student’s discretion to use the loan towards fees, maintenance costs or other costs. The loan will be paid directly to the student in three instalments during the academic year.

Funding for postgraduate study

The student can get funding for postgraduate study through loans, studentships, bursaries and grants – student’s employer may also be able to help. Search for postgraduate funding on the Scholarship Search or Prospects websites. If a student is starting a master’s degree, the student could get a Postgraduate Master’s Loan to help with course fees and living costs.

Repaying student loans

The Postgraduate Loan does not need to be repaid until student have finished course (or withdrawn) and are earning more than threshold limit per year.

How to apply

The Student will need to apply to Student Finance England for the loan.

For the latest information on the full eligibility criteria, please see the UK government’s website and the Student Finance England web pages. The information on this page applies to students starting courses in these academic years (as indicated).

References
https://www.londonmet.ac.uk/applying/funding-your-studies/loans/postgraduate-loan/
https://www.gov.uk/funding-for-postgraduate-study/eligibility
https://www.gov.uk/student-finance
https://www.gov.uk/government/organisations/student-loans-company

Australia finance option

Loan scheme

  • Student will be able to avail of this interest-free loan for the individual modules and/or total MBA fees
  • Student can repay in 12, 18 and 24 months repayment as EMI – no interest
  • Simple documentation and credit appraisal by loan providing company
  • Online application
  • Offered by StudyLoan – https://studyloans.com.au/

Loan partner company

London Met Online has partnered with Study Pay, a ‘Buy Now Pay Later’ solution that is tailored to the education industry and offers an interest-free loan that allows students to pay for their course over 12, 18 or 24 months. The process is fast, online and easy allowing students the peace of mind to concentrate on their studies rather than the financing of them.

Study Pay is managed by Study Loans (Australian credit licence 498589) and offers a number of finance solutions to both students and educators. It is also a member a member of the Australian Financial Complaints Authority 45900.

Features

  • Principal only repayments
  • Weekly, fortnightly or monthly by direct debit
  • 12,18,24 months repayment schedule
  • Maximum loan of $20,250

Qualifying Requirements:

  • Australian citizen or permanent resident
  • Employed full-time or part-time
  • 18 years of age or older
  • Can demonstrate capacity to service the loan

For the latest information on the full eligibility criteria, please visit https://studyloans.com.au/. The information on this page applies to students starting courses in these academic years (as indicated).

India finance option

Loan scheme

  • Student will be able to avail of interest-free loan for the individual modules and/or total MBA fees up to INR 450,000
  • Student can repay in 12, 18 and 24 months repayment as EMI – no interest
  • No processing fees and prepayment charges
  • Simple documentation and credit appraisal by loan providing company
  • Offered by Eduvanz – https://eduvanz.com/

To apply online, simply click here and prepare the following documents:

Documents Description Documents
Photo Photo scanned or taken by phone (selfie) KYC
Pan Scanned or photo 1
Address proof 1 (any 2) Aadhar/ voter ID/ passport/ drivers license 2
NACH (any 1) Cancelled cheque / bank statement (1st page) / passbook (1st page) 1
Bank statements (any 1) Salaried (3 months), self-employed (6 months) 1 Banking
Income proof (any1) Salaried – latest salary slip, self-employed – company incorporation proof/ ITR 1
Total docs 6

London Met Online payment collection bank details (for Indian students):

Beneficiary name (Account Name/Party Name) : ECA GLOBAL EDUCATION INDIA PVT LTD
ACCOUNT NUMBER: 855210065593
IFSC CODE (NEFT/RTGS/IMPS CODE): DBSS0IN0811
BANK NAME: DBS BANK INDIA LTD.
SWIFT CODE : DBSSINBB
AD CODE: 669000C

Loan partner company

London Met Online has partnered with Eduvanz, a new age digital finance company that provides education loans starting from zero interest for students and skill seekers. The application process is fast, online and easy, allowing students to pay for their course over 12, 24 and 36 months.

For the latest information on the full eligibility criteria, please visit https://eduvanz.com/. The information on this page applies to students starting courses in these academic years (as indicated).