Accounting and Finance Level 2

If you are aged 19 and over, in certain circumstances you may be eligible for a fee waiver and therefore you will not have to pay for your course. 

Eligibility for a fee waiver will depend your age at the start of the course, your previous qualifications, your employment status and whether you claim certain benefits.

If you do not meet the criteria for a fee waiver, you may be eligible for some assistance from the College’s Bursary Funds, depending on the household financial circumstances.

If you do not meet the criteria for a fee waiver, and are not eligible for assistance from the Bursary Fund, you will have to pay for this course.

This programme may be free if you meet the eligibility criteria listed below. If these do not apply, you will need to pay a fee, and the published fee is located further down the course information page. 

The information in this section applies to this course, and may not apply to other courses with different funding criteria.

In certain circumstances, the College’s discretionary bursary fund maybe able to assist with a contribution towards tuition fees. Eligibility to the fund depends on the household’s financial circumstances.  Further information regarding the discretionary bursary fund can be found further down this page.

Regardless of whether tuition fees apply, some of our programmes incur additional costs which could include:

• Equipment costs – such as uniforms, kits, books and so on
• Trips and enrichment activities
• DBS checks (formerly CRB checks)
• Occupational Health Screening

You will be informed of any additional costs associated with your chosen programme as early as possible to allow time for payment to be made.

Applicants thinking of enrolling on this course can apply for funding to help with the costs associated with attending college.  Bursary funds are targeted at students where there is an identified low household income.

The bursary fund cannot provide help with costs unrelated to your course, such as general living expenses, nor can it be used as an attendance incentive.

Applications to the fund are not normally considered if the household income exceeds £25,000 but may be considered in some instances if the household is experiencing severe financial hardship.

If you do not meet the above criteria then you are likely to be eligible for support through the 19+ Bursary Fund

Funds are targeted at course related costs such as travel, childcare, books and equipment.

Regardless of income or employment status, students self-funding (including where an employer is covering course fees), are not eligible for financial assistance through any discretionary bursary funds.

Payment should be made in full at the time of enrolment. Acceptable payment methods include Debit Card and Credit Card (excluding American Express). Please note that we are no longer able to accept cash or cheque payments.

Can I pay in instalments?

Yes, you can spread the cost of fees. Any student of the College who pays his/her own programme costs is entitled to do so on a monthly payment plan basis, providing the total course fees exceed £200 and the student is aged 19 years, or over, on 31st August in the current academic year.

Where total course fees exceed £200 you (or your employer, if they are paying your course fees) can choose to pay your fees in instalments through a monthly payment plan and 40% of the fee or £500 (whichever is lower) will be payable at enrolment.

The balance must be paid within 6 months or by the end date if the course is less than 6 months in duration.

The monthly instalment payments will also be set up at the point of enrolment, or if you are enrolling using our online enrolment process, a member of our Finance team will contact you to set up the instalment plan after you have submitted your online enrolment.

In order to pay through monthly instalments, students must sign the Colchester Institute Instalment Payment Plan terms and conditions!

If a student fails to sign up to an instalment plan at enrolment all fees will become due for payment within 30 days.

Failure to fulfil any terms and conditions of an instalment agreement will result in you becoming immediately liable for the full outstanding balance and you may not be entitled to pay any future fees by instalments.

Please download and save the form below, then fill it in and sign it. These forms can either be emailed to registry@colchester.ac.uk prior to enrolment, or if you are completing an online enrolment you can upload these documents during the enrolment process.

Further Education Fee Instalment Student Terms and Conditions

Employers who are funding a student’s fees must complete and sign an authorisation form which must be submitted either prior to or at enrolment together with an advance payment of 40% of the course fee or £500, whichever is lower. This can be paid via the online store prior to or at the point of Enrolment.

If the advance payment is not made prior to or at Enrolment the student will not be eligible to attend college.

Further Education Employer Authorisation Form, Instalment Plan, Terms and Conditions