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Lendwise Student Loans

Lendwise is a specialist loan provider dedicated to education finance for UK residents who are looking to finance their studies at leading UK universities and course providers

 

To ensure the university remains accessible to individuals who may not have access to all of the funds required for enrolment, Lendwise can be “sign-posted” on the Fees & Funding page of your site.  Indeed, Lendwise is featured on the websites of a number of UK & European universities – do get in touch for more information.

What we do

Lendwise aims to reduce the funding gap with its low-cost and flexible student loans for aspiring individuals who have the merit and desire to pursue their university education but don’t have all the funds.  We do so with our affordable and flexible private student loan.

How it works

  1. Eligible students apply online (all year round)
    • Undertaking postgraduate study
    • Domiciled in the UK
  2. At application stage, only a “soft” credit search is carried out (does not affect credit score)
  3. Lendwise reverts within 2 business days and successful applicants upload certain documents
  4. Tuition fees sent directly to the university while personal expenses are transferred to the student
  5. Loan repayments
    • FT students: begin after graduation plus up to additional 6 months grace period available
    • PT students: begin 1 month after funds are disbursement
  6. The loan period can go up to 10 years to ensure monthly repayment amount is manageable
  7. No fees/penalties for early repayment of the loan or making overpayments (students not locked in)

Things to note 

Video

Contact

Rishi Zaveri

Co-Founder & CEO, Lendwise Ltd

E: info@lendwise.com

T: +44-20-3890-7270

Resources

Borrower Brochure

 

 

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