Masters deposit policy guidelines

1. Who is required to pay a deposit and how much?

A non-refundable deposit is required from all applicants to the programmes listed below who accept an offer of admission 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 Financial Management
• MSc in Banking Innovation and Risk Analytics
• MSc in Business Analytics
• MSc in Climate Change Finance and Investment
• MSc in Data and Decision Analytics
• MSc in Entrepreneurship and Innovation
• MSc in Finance and Investment
• 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 received by the Business School by 28 days after the date of the offer letter. 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 via Convera GlobalPay.

1. ePay
2. Convera GlobalPay

On our Convera GlobalPay webpage, you will be provided with instructions on how to pay by bank transfer or via other online payment platforms used outside the UK.

If using Convera GlobalPay please email the Admissions Team with confirmation of your deposit payment so that we can look for confirmation your payment has been received and update your record accordingly.

4. Implications of non-payment by due date

If the School has not received the deposit by the stated deadline, the application will be rejected without further notice. It is therefore essential that applicants have funding for their deposit in place before applying.

If an applicant is interested in retaining a place on the programme but will for any reason not be able to pay the deposit by the deadline, the applicant should contact the Admissions Team 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 other 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 deferring their acceptance of an offer will have their deposit retained by the School and automatically allocated to the following year. Applicants may only defer their offer once, and in the event that they decline their deferred offer, 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.
  
  • View more information about deferrals
• 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 to futurestudents@ed.ac.uk no later than two weeks following the start date of the degree applied for.

Contact Information

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.