Based on whether you have a guarantor or not we can offer:
You can also make payments in advance of any set payments date, giving you the freedom to budget as you need.
If you prefer to pay via bank transfer, we can also arrange this but your bank may charge for this service.
If you are using student finance / maintenance loans to pay for your accommodation, it can be hard to calculate your rent costs.
Because everyone's student finance payments are different, we can help you decide which room fits your budget.
The good news is:
💷 Student Finance can pay all or most of your rent, depending on how much you receive.
📅 If your household income is higher, and your maintenance loan is lower, you'll still only have to pay a small top-up.
😊 And if you go for an electricity package contract, you'll be able to avoid any large surprise payments.
We'll look at:
The example below uses payments from a maintenance loan (away from home, outside London) where your household income is £45,000 per year.
Three of your CODE rent instalments line up with your loan drops, but with the first payment made before you move in.
This is based on a £169 per week room.
| Payment Date | How you cover your rent | SFE payment | Room cost (Quarterly) | Remaining money |
|---|---|---|---|---|
| July | Self-funded before course | N/A Own payment | £1,859* | N/A |
| Sept | 1st SFE payment | £2,579.67 | £2,028 | £551.67 |
| Jan | 2nd SFE payment | £2,579.67 | £2,028 | £551.67 |
| April | 3rd SFE payment | £2,579.66 | £2,028 | £551.68 |
*if you paid one week's rent to book, this is taken off your first payment
We can create this budget for you based on any room type.
If you know someone who is a homeowner in England (including the Isle of Wight or Isle of Man), Wales or the Channel Islands, and is willing to be your Guarantor, you can pay your rent in 4 easy instalments or monthly.
If you are on a 4 instalment plan, your payment dates will be:
With a guarantor, we may also be able to offer you a monthly option.
On a monthly contract, we would split your total rent into 10 payments.
These start on the 24th July 2025 and ending on the 24th April 2026.
For a 2 instalment plan your payment dates are:
This is open to all residents, but is a popular choice with EU or International students.
If you would like to pay your rent in one lump sum, that is not a problem.
Your full payment should be received before you move in.
Unfortunately you cannot book online without leaving one week's rent payment.
But if you are worried about payment dates you can contact our helpful team who can discuss options and budgets with you.
