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What is a reservation fee?
After receiving the offer, the student will pay a certain fee within the specified time to be deemed to have confirmed the admission, and this fee will be called the "reservation fee". If the student is late or refuses to pay the reservation fee, it means that the student automatically gives up the offer of the school.
Purpose of Reservation Fee:
When a student comes to the school, the fee can be used to offset an equal share of the tuition fee.
If the student does not report to the school, the fee will not be refunded.
1.Imperial College London
Deposit: 10% tuition fee
2.The University of St Andrews
Deposit: 1000 or 1500.
3.London School of Economics and Political Science (LSE).
Deposit: 2500 for some majors
4.Durham University
Deposit: 2000
5.University of Exeter (exeter).
Deposit: 2500
6Loughborough University
Deposit: 2500
Details can be seen.
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The cost of reserving a place in the UK is deposit.
That is, the school gives the admitted students, and the students must pay the corresponding deposit according to the requirements of the school
Once the school has received the deposit, the corresponding place will be reserved for the student.
Deposit is what we often call a reservation fee, or a deposit.
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Many colleges and universities will require admitted students to pay a certain fee within the specified time, and some even up to half of the tuition fee will be considered to be confirmed admission, and students generally refer to this fee as "reservation fee". Finally, if the student registers on time, the previous payment of the reservation fee will be offset against the tuition fee. If you fail to register, the reservation fee will not be refunded.
The school does this to avoid a situation where many students take the offer and do not turn it down, and finally do not go; This is also a means of grabbing students, after all, students will feel distressed if they don't go after paying a large amount of reservation fees.
For students, it is more confident to make a decision. If the school you want to go to doesn't have an offer, and if you have an offer and don't pay the reservation fee, you will end up with nothing, and you won't be able to go to any school. In fact, paying the reservation fee is to spend money to buy peace of mind.
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This issue needs to be analyzed on a case-by-case basis.
Some universities will clearly indicate that the reservation fee will not be refunded, and some universities will indicate that they can apply for a refund of the reservation fee under special circumstances, such as the applicant does not meet the conditions of the offer, and is rejected by the UK.
Taking UCL as an example, if the applicant who pays the UCL reservation fee chooses not to register without trembling, or due to non-force majeure factors of the applicant.
If you choose not to enrol on the ground, the reservation fee is usually non-refundable.
However, the applicant may apply for a refund of the reservation fee if the offer holder fails to meet the offer letter.
the conditions listed in relation to the academic entry requirements and therefore cannot be admitted (this does not include those related to English proficiency); The offer holder failed to obtain the necessary permission to enter the UK and accept the course.
UCL is unable to recognise the offer holder's entry qualifications as the UCL programme of study or specific mode of attendance previously applied for is no longer valid; If the offer applicant requests to defer, but UCL is unable to approve the application for deferment.
In addition to the above, UCL has absolute discretion in considering the refund of the reservation fee.
In other words, there is still some leeway in applying to the university for a refund of the reservation fee.
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The questions are as follows:
Q: If I fail to meet the adjustment of the conditional offer and cannot be admitted, will the reservation fee be refunded in this case?
A: Yes. Q: Can I choose not to pay the reservation fee after receiving the offer? (For example, I want to rush to a better school) but will I be pulled into the school's blacklist, which is considered a breach of contract, and I can't apply to this school if I want to apply in the future?
Answer: If you do not pay the reservation fee within the specified time, the offer will be cancelled. If you accept an offer and don't show up, if there is no compelling reason, the college you are applying to will submit your information to the school's admissions committee (a similar organization), which will record it or share it with other schools with whom you have a collaborative relationship, and they will reject all of your future applications.
The word integrity is particularly valued abroad.
Frequently Asked Questions:
Q: Is it possible to pay on the same day?
A: At least 2 days in advance, foreign exchange is sometimes regulated, and payment methods such as money orders take longer.
Q: Why does my online payment or online banking wire transfer fail?
Answer: The possible reasons are: computer system or browser version problems, you can successfully pay after changing computers or browsers.
The bank card does not have the function of international online payment. The card has a payment limit. The bank or credit card does not have sufficient credit limit.
Exceeding the personal overseas remittance limit.
Q: Can I get a refund if I don't go after paying the reservation fee?
A: The school does not offer refunds.
Q: Can I use someone else's card to make a payment?
A: Yes. Q: Do I need to pay the full tuition fee after the reservation fee is successfully paid?
A: After enrollment, the reservation fee will be converted directly into tuition fees.
Q: How do I know if my reservation fee has been paid successfully?
Answer: Log in to the online application system directly to check whether the payment is successful.
Q: What is the wire transfer speed related to? When does it usually arrive?
Q: What should I do if the other party still hasn't received the money after one week of wire transfer?
Answer: It may be due to the fact that the remittance date is a non-working day of the beneficiary bank, or the information of the beneficiary bank or beneficiary's account number is inaccurate. For specific reasons, you can go to the original remittance outlet with the customer receipt of the "Overseas Remittance Application Form" to go through the inquiry procedures, but you need to pay a certain fee for the inquiry.
Q: Why did the recipient receive less money than I actually sent?
Answer: The remitting bank will deduct a handling fee when doing the remittance business.
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This "reservation fee" British school is called deposit, which generally appears in popular business majors, because of the fierce competition, some schools set up a deposit to avoid too many students taking the offer and not refusing it, and finally not going. Not every school has every major, and this specific one can be seen on the official website of the school you are applying to.
The amount of deposit varies from school to school, with most ranging from £500 to £2,000.
There are two main categories of situations after you have made a deposit, that is, you go to the school or not. First, if you go to this school, then the deposit can be converted into a part of your tuition. For example, if your tuition fee is £15,000 and you pay £1,000 deposit when you apply, you will only have to pay £14,000 for the final tuition fee.
The second category is that you don't go to the school. As mentioned earlier, the deposit was originally set to prevent too many students from taking up their positions and not going to a certain extent, so they will not be easily refunded. Generally speaking, if you meet all the conditions of the school and choose not to go, the deposit will not be refunded.
However, if you do not meet the school's conditions, such as the average score is not enough to meet the school's requirements, or the IELTS score still does not meet the school's requirements after re-examination, then you can provide these evidence to the school, and if the school accepts it, you can give you a refund.
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This depends on whether the school has an official statement, and it is generally difficult to return the money handed over in the UK. I don't know if you are applying for high school graduation or through an intermediary, if you are an intermediary, ask the intermediary to help you, if you are applying for an English high school, then only you and the school will do it.
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Some offers don't need a reservation fee If it's an offer with a reservation fee, try to delay it until the last minute The reservation fee ranges from 100-2000 pounds If you meet the conditions and don't go, it's not refundable I threw 250 pounds to Bath this year. The reservation fee is relatively low, and it is also considered a guarantee, which is equivalent to buying an insurance for yourself to pay the reservation fee or something, and you can find a pound card to pay on your behalf
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Some universities in the UK will require students to pay a deposit after receiving an offer, which is what you call a "place retention fee", such as the University of Warwick, for applicants who get an offer early, the school requires students to pay a deposit fee of 500 pounds. If the student visa has not been obtained or the student has already enrolled in the school course, the school will refund it, which is subject to the official website of each school. (There is a difference in exchange rate and exchange rate).
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Most schools in the United States and Canada, as well as Australia, the United Kingdom and Hong Kong, require a place fee. In Australia, the reservation fee is "tuition fee paid in advance"; In the United States and the United Kingdom, the reservation fee is also known as the "degree deposit".
Each country has its own version of whether the reservation fee is refundable or not.
The degree deposit in the United States is automatically converted to tuition and cannot be refunded if you do not enroll; In Australia, it is not mandatory to apply for a refund after paying tuition fees in advance; In the UK, applicants generally pay a deposit according to the requirements of the school after accepting the offer, which is generally 1000-2000 pounds, and usually only in the case of visa refusal can the school apply for a refund, but the school will generally give nearly a month to consider it.
Take the University of Glasgow in the UK as an example:
1. If the student fails to pay the reservation fee in time, the school cannot guarantee the student's place.
2. Unable to study in the UK due to personal or family reasons, such as illness or loss of relatives or other problems. Relevant medical or other supporting documents are required.
3. Visa refusal. A refusal letter is required, and if the refusal is due to the student's genuine intention to study in the UK or for other reasons such as fraud, the refund will be considered on a case-by-case basis.
4. If the student fails to meet the academic or language requirements of the offer, he or she must provide reasonable proof.
It will not be refunded in the following cases:
1. The student decides to enroll in another university.
2. Students cannot be enrolled due to work reasons.
3. Students cannot provide proof that they do not meet the requirements of the offer.
4. If the reason for refusal is a financial problem, the deposit cannot be refunded.
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According to the UK school, there are clear rules for the refund of deposits. Normally, if you do not meet the school's requirements because of your IELTS score, or if your visa is refused, you can refund your deposit. But in most other cases, especially for personal reasons, there is no refund.
At the same time, a small number of schools said that within two weeks after paying the deposit, they support an unconditional refund of the deposit, but after the time passes, they will not be refunded.
Of course, due to the current special circumstances, many schools currently support unconditional refund of deposits, including Glasgow, KCL, Warwick, Bath, Southampton, University of Nottingham, etc.
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At present, many students have applied for their favorite universities, in addition to waiting patiently for the offer, because the cost of studying in the UK is not low, many students are also concerned about how to pay the tuition fees for studying in the UK. Below, the UKEC UK Education Centre has compiled five ways to pay for studying in the UK, hoping to help students!
At present, the official website of most British universities has ** payment deposit, tuition fee and other entrances, and students can pay directly on the official website of the university. However, if you plan to pay your tuition fees on the official website of a UK university, you need to have a GBP credit card or a dual currency credit card. Here is also a reminder:
There is no handling fee for paying tuition fees with a GBP credit card, while paying a large amount of GBP fees with a dual currency credit card is usually settled in US dollars, which will result in a loss in exchange rate and handling fees.
Second, wire transfer. Many UK universities support students to pay tuition fees by wire transfer, and many banks at home and abroad have opened wire transfer services, so it is relatively convenient to pay tuition fees for studying in the UK by wire transfer. However, before making a wire transfer payment, students must understand the name and address of the beneficiary, the beneficiary, the name and address of the bank where the beneficiary is opened, etc.
In addition, it is also necessary to understand the regulations of each bank on fees and minimize them.
Third, purchase a bill of exchange.
To pay for studying in the UK, you can also buy a money order, which is generally purchased from a local bank. Compared with telegraphic transfers, bills of exchange can save a single telecommunications charge. The name of the money order should be written on the letterhead in English as the English name of the university, and it must be checked carefully.
In case of accidental loss, be sure to report the loss immediately.
4. International debit card.
At present, international debit card payment is currently a method chosen by many students studying in the UK, because international debit card remittance is cheap, safe and fast. Students studying abroad only need to bring a supplementary card, and parents can use the main card to handle the deposit business at the branch office of the domestic bank at any time (the deposit is free of handling fees), which is convenient and fast. However, international debit cards are generally based on US dollar cards, and you need to pay an exchange fee to withdraw the currency of the country at ATMs outside the US dollar area.
5. Instant remittance.
In general, if the situation is urgent, you can use the method of instant money transfer. Instant remittance has the characteristics of fast arrival time of remittance, which can help students solve their urgent needs. There are also many instant remittance services, so you can choose the method that suits you.
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