1 Who is required to pay a deposit and how much?
A deposit is required from all applicants to the programmes listed below who accept an offer of admission, either conditional or unconditional, unless eligible for a deposit waiver, as detailed in point 5 below. The deposit will be offset against the tuition fee payable at the time of matriculation. Current deposit amounts are shown on the Deposit Payment Guide for each programme:
- MSc in Accounting and Finance
- MSc in Banking Innovation and Risk Analytics
- MSc in Business Analytics
- MSc in Climate Change Finance and Investment
- MSc in Entrepreneurship and Innovation
- MSc in Finance
- MSc in Finance, Technology and Policy
- MSc in Global Strategy and Sustainability
- MSc in Human Resource Management
- MSc in International Human Resource Management
- MSc in Management
- MSc in Marketing
2 When must the deposit be paid?
The deposit must be paid within 28 days of the initial offer letter date. In the case of late applications an earlier deadline may apply. In this case applicants will be informed of the date by which the deposit must be received.
3 How can the deposit be paid?
Payments may be made by most major credit/debit cards using the University's online payment system, or by BACS (bank transfer).
Pay by bank transfer (BACS)
This can be done through your bank to the University of Edinburgh bank account. The payer must ensure that they pay the paying bank and the destination bank charges at the time of making this payment.
A payment in pounds sterling should be forwarded to:
University of Edinburgh a/c
The Royal Bank of Scotland
36 St Andrew Square
Beneficiary: University of Edinburgh
Account Number: 11657519
Sort Code: 83-06-08
Please quote reference 600010/11000000/8223 on the BACS receipt if it is possible to do so.
For European Union Bank Transfers, the following details apply:
IBAN Number: IBAN GB98 RBOS 8306 0811 6575 19
For international bank transfers, the following additional details apply:
Swift Code: RBOSGB2L
Please scan and email a copy of your BACS receipt to firstname.lastname@example.org quoting the following information:
The student's full name
The student ID number/University Username (UUN)
4 Implications of non-payment by due date
If the School has not received the deposit by the stated deadline, your offer will be declined on your behalf without further notice. It is therefore essential that applicants have funding for their deposit in place before applying.
If an applicant is still interested in retaining a place on the programme but has for any reason not been able to pay the deposit by the deadline, the applicant should contact email@example.com without delay to discuss the circumstances.
5 Deposit waivers
The deposit may be waived on proof of a scholarship covering full tuition fees having been awarded to the applicant by a recognised body, or proof of full sponsorship from an employer. Holders of partial scholarships must pay the required deposit.
6 Refund policy
- Applicants requesting a refund for any reason within 14 calendar days after the payment date will be refunded in full.
- Refund requests received more than 14 days from the payment date will only be considered if the applicant's visa application has been refused; if the School has rejected the application due to failure to meet the conditions of offer which have been set; or as a result of exceptional circumstances, such as serious illness or bereavement. Please contact the Admissions Team at the earliest opportunity. Proof must be provided and should consist of a copy of the official documentation received, for instance from the UKVI for visas, or the relevant language testing centre for English qualifications.
- If no attempt has been made to meet the required conditions after the conditional offer was made, the deposit will not be refundable.
- Applicants whose visa application is rejected due to fraudulent documentation or due to conditions which the applicant could have foreseen will not be eligible for a refund.
- Applicants who have been granted a deferral of their offer will have their deposit retained by the School and automatically allocated to the following year. In the event that a deferred offer is afterward declined, the deposit will not be refundable. If an applicant wishes to apply again in a future year and receives an offer, a new deposit will be payable.
- In the unlikely event that the programme is cancelled, a full refund of the deposit will be made.
All requests for a refund must be made in writing (by letter or email) to the Admissions Office by 31 October of the intended year of entry.
Emailing is the best way of contacting the Admissions Office. Please ensure that all details relevant to your query are included, including your student number.
PGT Admissions Office
University of Edinburgh Business School
29 Buccleuch Place