The Open University Student Budget Account Ltd (OUSBA) is a convenient way to pay your course fees, subject to your individual circumstances. … We call this option ‘register now, pay later. ‘ Alternatively, you can repay OUSBA in monthly instalments payable over up to a year.
How do I pay for an OU course?
Of course! Some of our students pay part of their module fee with a card and pay the remainder in instalments through the Open University Student Budget Accounts (OUSBA). Or, you might even be able to secure sponsorship from your employer to pay for part (or all) of your tuition costs.
Do you have to pay for Open University courses?
How much does the Open University Cost. In 2021, a full time Honours degree at the Open University typically took 3 years to complete and cost £6,192 in total. … The fees charged by the Open University are significantly cheaper than the tuition fees charged by most of the UK’s ‘on campus’ universities.
How much does an Open University degree cost?
Most students Studying part-time for an honours degree at a rate of one 60-credit module a year, would cost £3,096 per year and take six years to complete, a total fee of £18,576.
How do you pay for an Open University degree?
Funding your studies
- Postgraduate loans in England. Get a non-means-tested maintenance loan of up to £11,570, paid directly to you. …
- OUSBA loan. Pay your fees in instalments with a loan from Open University Student Budget Accounts Ltd (OUSBA).
- Credit or debit card.
Is Open University Expensive?
It is actually cheaper than bricks and mortar universities, on average. The OU has tried to make itself competitive within the university fees market and have kept their tuition fees as low as they can.
Is open university respected?
As a top-rated academic institution, the Open University’s degrees are respected by employers. In fact, 75 per cent of the top 100 FTSE companies have sponsored their staff on these courses. … Since the outset, the Open University has not asked for any formal qualifications to enter undergraduate-level study.
What qualifications do I need for open university?
For most of The Open University’s undergraduate degrees no formal qualifications are required, and no entry test is required to study with us. For postgraduate degrees, an undergraduate degree equivalent to the relevant UK qualification is required.
Is Open University free for unemployed?
Anyone who is unemployed or laid off at the time of the registration is entitled to complete Open University studies free of charge. Before registering for studies, students are advised to contact a TE Office to check whether the studies affect their unemployment benefits.
Can I get funding for Open University?
Part-Time Tuition Fee Loans in England
One way of financing your Open University studies is by taking out a Part-Time Tuition Fee Loan (also known as a student loan). This is by far the most popular way of financing Open University studies.
Does Open University affect benefits?
All OU students are considered part-time students. That means, even if you choose to study at full-time equivalent intensity, you’ll be a part-time student and your eligibility to claim existing state benefits and/or to fund your studies with a Part-Time Tuition Fee loan will usually be unaffected.
Does Open University go for NYSC?
National Youths Service Corps Stand. … The University released a statement where it affirmed that students of NOUN can now enroll and be part of the NYSC program.
Is the Open University good?
Myth #1: “It’s not a ‘proper’ degree.”
The OU offers a whole range of qualifications, from certificates and diplomas to honours degrees and postgraduate qualifications – all of which are not only ‘proper’ and fully accredited, they are highly rated by employers.