Spreading payments
Spreading payments
If you are paying some, or all, of the course cost yourself, when you register you can pay in full by credit card, debit card or cheque. Or you can spread the cost with a loan from the Open University Student Budget Accounts Ltd (OUSBA).
By opening an OUSBA you can either defer the cost of your course (in a buy now pay later style arrangement, which you settle just before the course starts) or you can spread the cost of your course by paying back an OUSBA loan in instalments over the length of your course. (OUSBA loan arrangements are not interest free – current interest rates can be found on the OUSBA website.)
For more information on these payment options visit the OUSBA web pages or phone +44 (0)8457 697937. Calls to this line are charged at the UK local rate when calling from a UK landline.