Helping you pay for your course
The way you pay for your course is flexible. We believe that your personal circumstances or finances should never get in the way of your education and shaping your future.
At Open Study College, we help you choose the best payment option to suit you. You can pay for your course upfront or spread the cost across flexible payment terms. Whichever option you choose, please do make sure it's the right one for you and your personal circumstances.
Pay later with Klarna
You can also pay for your course through Klarna. Simply select Klarna at checkout and you'll be given options. You can either delay paying the cost of your course for 30 days, or, spread the cost of your course across three payments. Both of these options are interest free, if you pay on time. To pay with Klarna you need a UK bank account, you must be 18 years of age or over, and have a UK residential address. For more details, visit Klarna's terms and conditions here.
Pay in 3 with PayPal
To Pay in 3 with PayPal, select PayPal as your payment method at checkout and we’ll redirect you to PayPal’s website. You’ll need to complete a short registration form if you are a new PayPal customer. This will include providing PayPal with some details including your name, date of birth, address, e-mail and your debit or credit card details. You will also need to read and accept PayPal’s terms and conditions, in order to complete your order. If you are an existing PayPal customer, you just need to select and log in to your PayPal account and accept PayPal’s terms and conditions to complete your order. You will receive an instant decision after some initial checks by PayPal, confirming if you are eligible to use ‘Pay In 3’ as a payment method.
If approved, payment for your item(s) will be taken in three equal interest-free* instalments. You’ll be required to make the first instalment when placing your order. The remaining balance is split into two equal payments that are automatically deducted from your PayPal account over the next two months on the same day of the month as the date of purchase (unless your payment is due on a date which doesn’t exist in that month, in which case the payment will be taken on the last day of that month). The amount owed will be adjusted for any returns. You can log in to your PayPal account, at any time to see the status of your payments.
*Late payments
If you do not make a payment in full by the due date, PayPal may report your failure to pay to credit reference agencies, which could affect your credit rating and make it more difficult for you to obtain credit in future. If you are experiencing financial difficulties, please contact PayPal. For more details, visit PayPal's website here.
Finance
We understand that sometimes paying a lump sum of money can be difficult, especially if you are on a tight budget. We have teamed up with our finance partner, Snap Finance, to offer simple payment plans to make paying for your course much easier to manage.
Spread the cost of your course and choose a finance term up to 48 months to suit you. Which means we can offer simple payment plans to make paying for your course much easier to manage.
Representative 29.9% APR
Representative Example:
Cost of Goods £1200, Deposit £50, Amount of Credit £1,150, Annual Fixed Interest Rate 26.47%, Monthly Payment £62.54, Term 24 months, Total Payable £1550.96, Representative 29.9% APR
Check your eligibility
For your finance application to be considered you must meet the following criteria:
- You are aged at least 18 years old.
- You have been a UK resident for at least 1 year.
- You must have a regular source of income.
- A minimum income of £827 per month.
- You have not had any bankruptcies in the last three years.
- You must have access to online banking.
- You must have a UK bank account and a valid UK credit or debit card for deposit.
Good to know
- Snap Finance offers APR’s from 19.9% to 99.9% depending on credit profile.
- If your first application is refused, an alternative loan offer will be given where possible.
Please note that meeting the above criteria does not guarantee that you will be accepted for finance.
Don’t think you’ll qualify? Please do not worry. As we believe that nothing should be getting in the way of you studying and achieving your goals, we have alternative payment options that may be more suitable to your circumstances.
Just give our team of friendly education specialists a call on 0330 822 2614 or book a call back using the form on this page. They will happily discuss your options and arrange a payment plan to suit you.
