The administration fee is charged once, when we issue (or originate) a loan. However, you’re never required to pay this fee upfront. This fee is added to your total loan amount and is spread evenly across the monthly payments. You can review this in your Loan Agreement.
If you wish to pay your fee while studying or during your grace period, you can do so once your funds have been sent to the University. You can download the mobile app for iOS or Android, or log in online to review payment options. Please note that payments made in the first month after funds are sent to the University may not appear on your first statement.
Contact our team at email@example.com if you have questions or would like help navigating the options.