Paying your deposit and tuition fees
We know that choosing to pursue further study is one of the most important decisions you will make and is a substantial investment in yourself. Find out more about fees and funding, including living expenses and financing your degree, below.
Paying your deposit
Deposits are required for all programmes except the Doctoral programme.
Once you have accepted your offer you will be required to pay a deposit to secure your place on the programme. The only exemption from this are students with confirmed sponsorship for the full value of their tuition fees, who will need to provide proof of their funding before being exempted.
You will automatically be invoiced for the deposit, normally within five working days of accepting your offer. Deposit invoices will be sent by email and the deposit must be paid within 30 days of invoicing; failure to pay the deposit on time may result in an offer being withdrawn.
Please note that the deposit process is automated and so you do not need to contact us to request an invoice however, if you have not received a deposit invoice within five working days of accepting your offer, or you have any other queries relating to deposits, please contact a member of the tuition fees team.
Paying your tuition fees
You can pay your tuition fees in either one or two instalments payable at the start of term, or at the start of term and February, respectively. If you pay in instalments there will be a 2% surcharge of the total amount added to your first instalment. You would be asked to select a payment schedule during the offer acceptance process via student eService, but if you wish to change your selection please contact the Student Finance team. You will then be invoiced appropriately via email and should follow the payment instructions on the invoice. Please contact the Student Finance team if you have further questions about this process.
Please note: Students requiring a Tier 4 visa may opt to pay their fees by instalments, but this does not exempt them from the requirement to show evidence of funds to cover living expenses plus the full tuition fees for their MSc programme. Evidence of these funds must be shown in either the student’s or their parents’ bank account for a minimum of 28 days on a statement dated not more than 31 days prior to the visa application date. This means that if the first instalment has been paid and shows as paid on the CAS, the visa applicant still needs to have the remaining tuition fees plus recommended living costs saved in a bank account for at least 28 days.
In addition to tuition fees, you should also budget for living expenses. Living expenses vary considerably according your personal circumstances and lifestyle choices.
Imperial has helpful information on the cost of living in London, and rough estimates of what you might spend whilst studying, here on their website.
Financing your degree
Admitted students often ask us about the best ways to finance their degrees. Degree funding can come from a variety of sources including individual savings, family assistance, corporate sponsorship, scholarships or bank loan.
Each individual programme at Imperial College Business School has scholarships available to its offer holders. For more information on these scholarships including terms and conditions, please visit the Scholarships page for the programme you have applied for.
Additionally, in the Fees and funding section on your chosen programme, there is further information on ways to fund your studies.
Other sources of funding may be found in The Grants Register (published by Macmillan), or on the Association of Commonwealth Universities website.
Additional information on various funding schemes available for prospective Imperial students, as well as information on tuition fees, student discounts available in London and guidance on how much you can expect to spend while studying at Imperial can be found on Imperial’s Fees and funding pages.