How do I pay Ousba?
Once registered with the OU you have two options, to: Pay by instalments - OUSBA calculates your OU fee which it pays on your behalf to OU. OUSBA then spreads the fee and interest payable over up to a year, enabling you to pay your fees monthly and walk away with a qualification and without any further debt.
What does Ousba mean?
The Open University Student Budget Account (OUSBA) is a convenient way to pay your module fees. You can register for a module many months in advance before its start date. OUSBA pays the OU on your behalf, and you can repay OUSBA either in a single sum or by monthly instalments.
Can I pay my Open University fees in installments?
Spread the cost with monthly payments
If you choose this way to pay, then OUSBA pays your fees to The Open University on your behalf, and you repay OUSBA either in a single sum or in monthly instalments, as you prefer. You can repay OUSBA at any time before the course begins.
How do you pay for Open University courses?
You can pay using a combination of the following:
- credit or debit card.
- Open University Student Budget Account (OUSBA)
- employer sponsorship.
- part-time tuition fee loan.
- bank transfer.