Words and expressions defined in the General Terms and Conditions have the same meaning in these additional Terms and Conditions except to the extent that they are varied by these additional Terms and Conditions.
The Flexible Payment Plan enables students to pay their course fees in instalments spread over a maximum of 12 consecutive months and in any event, ultimately determined by our Credit Control Team and at our sole discretion.
Upon enrolment, students are required to pay a minimum deposit of 25% - 30% of the total Course Fees (unless indicated otherwise on the website, Invoice or your Payment page on the MSBM Online Study Portal Dashboard), in which case the terms of the Website, Invoice or your Payment Page on the MSBM Online Study Portal Dashboard shall prevail).
If you fail in making any due instalment as specified on our Website, Invoice or your Payment Page on the MSBM Online Study Portal Dashboard, you would be automatically deferred and the terms and conditions as specified on our Deferral page (https://msbm.org.uk/learning-with-msbm/deferral) would be applicable in that instance.
If you request a refund in accordance with our Terms and Conditions as stated in our Registration and Programme of study page in the Cancellation & Deferral segment: https://msbm.org.uk/learning-with-msbm/registration-and-programmes and such is approved in accordance with this terms and conditions; you will cease to be eligible for this payment plan in respect of the relevant Course.
If a refund is due to you, it shall be in accordance with the provided General Terms and Conditions.
It is the student’s responsibility to ensure that the required payments are made in accordance with the agreed payment plan, and any breach of these Terms and Conditions will be a breach of the terms of the instalment plan and without prejudice, to any other rights the school reserves the right to:
- Terminate this agreement.
- Restrict access to online tuition and/or classes if payment is overdue.
- Suspend or expel from the course, rendering the Flexible Payment Plan void and any outstanding course fees will become immediately due and payable in full and/or;
- Legal action will be taken to recover the outstanding debt and the school will be entitled to recover its reasonable costs in addition to any debt owing.
- Withhold any awards and certificates until the debt has been settled; and
- Withdraw the Flexible Payment Plan at any time at its sole discretion.
The Flexible Payment Plan is offered subject to availability. Acceptance of your application for the Flexible Payment Plan is at the sole discretion of MSBM.
These Terms and Conditions and any other matters arising out of or concerning these terms shall be governed by and construed in accordance with the laws of England, Wales and the governing laws of any country where a subsidiary of MSBM is domiciled at. You agree to submit to the exclusive jurisdiction of the English courts and other applicable courts to settle any dispute which may arise out of or in connection with these Terms and Conditions.
Payments must be made on or before the specified date. Failure to comply will render the agreement null and if payment is to be made by bank transfer, the student must ensure payment is made at least 5 working days before the due date to ensure it is cleared in time.
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