Pay for your course over time
Flexible tuition finance for selected iO Sphere courses
StepEx works with iO Sphere to offer regulated tuition finance for selected courses, allowing students to spread the cost of education over time.
Finance is optional and separate from your course application.
Your course is delivered by iO Sphere. Finance is provided by StepEx Lender Ltd.
How StepEx works for iO Sphere students
- You apply for your course with iO Sphere.
- If you wish to spread the cost, you can apply separately for finance with StepEx via a provider-specific link.
- If approved, StepEx settles the financed portion of your course fees.
- You repay StepEx over time, based on the terms you agree.
Approval is subject to eligibility and affordability checks.
Type/s of finance offered for iO Sphere courses
| Finance option | How repayments work | When you repay | Costs | Availability |
|---|---|---|---|---|
| Income-linked payment plan | Repayments can be paused if you evidence that you earn below a minimum threshold, subject to submitting income information in the required format by the deadline. | When income meets or exceeds the threshold | Interest or charges may apply | Selected courses only |
Costs, including any interest or charges for credit, vary by course and finance option.
You can find representative illustrative examples of each finance type further down this page.
Where a financial offer has an income threshold before repayments apply, repayments are not due for any month in which the borrower can evidence that they are earning below that threshold, by the deadline, and in the format required by StepEx.
Finance options available for iO Sphere courses
Showing 17 courses
| Course | Financed amount | Finance type | Monthly repayment | Repayment term | Total amount payable |
|---|---|---|---|---|---|
| iO-Sphere Applied Diploma, 12 Month Repayment | £5,600.00 | Payment Plan with MIT | £466.67 (unless evidenced income <£2,083.00 per month) | 12 months | £5,672.00 |
| iO-Sphere Applied Diploma, 24 Month Repayment | £6,100.00 | Payment Plan with MIT | £254.17 (unless evidenced income <£2,083.00 per month) | 24 months | £6,172.00 |
| iO-Sphere Applied Diploma, 36 Month Repayment | £6,300.00 | Payment Plan with MIT | £175.00 (unless evidenced income <£2,083.00 per month) | 36 months | £6,372.00 |
| iO-Sphere Applied Diploma, 12 Month Repayment | £5,300.00 | Payment Plan with MIT | £441.67 (unless evidenced income <£2,083.00 per month) | 12 months | £5,372.00 |
| iO-Sphere Applied Diploma, 24 Month Repayment | £5,800.00 | Payment Plan with MIT | £241.67 (unless evidenced income <£2,083.00 per month) | 24 months | £5,872.00 |
| iO-Sphere Applied Diploma, 36 Month Repayment | £6,600.00 | Payment Plan with MIT | £183.33 (unless evidenced income <£2,083.00 per month) | 36 months | £6,672.00 |
| iO-Sphere Applied Diploma, 36 Month Repayment | £10,400.00 | Payment Plan with MIT | £288.89 (unless evidenced income <£2,083.00 per month) | 36 months | £10,472.00 |
| iO-Sphere Applied Diploma, 36 Month Repayment | £6,300.00 | Payment Plan with MIT | £175.00 (unless evidenced income <£2,083.00 per month) | 36 months | £6,372.00 |
| iO-Sphere Applied Diploma, 24 Month Repayment | £9,400.00 | Payment Plan with MIT | £391.67 (unless evidenced income <£2,083.00 per month) | 24 months | £9,472.00 |
| iO-Sphere Applied Diploma, 36 Month Repayment | £11,000.00 | Payment Plan with MIT | £306.56 (unless evidenced income <£2,083.00 per month) | 36 months | £11,108.00 |
| iO-Sphere Applied Diploma, 12 Month Repayment | £5,300.00 | Payment Plan with MIT | £441.67 (unless evidenced income <£2,083.00 per month) | 12 months | £5,372.00 |
| iO-Sphere Applied Diploma, 24 Month Repayment | £6,100.00 | Payment Plan with MIT | £254.17 (unless evidenced income <£2,083.00 per month) | 24 months | £6,172.00 |
| iO-Sphere Applied Diploma, 24 Month Repayment | £10,000.00 | Payment Plan with MIT | £416.67 (unless evidenced income <£2,083.00 per month) | 24 months | £10,072.00 |
| iO-Sphere Applied Diploma, 12 Month Repayment | £5,600.00 | Payment Plan with MIT | £466.67 (unless evidenced income <£2,083.00 per month) | 12 months | £5,672.00 |
| iO-Sphere Applied Diploma, 12 Month Repayment | £8,900.00 | Payment Plan with MIT | £741.67 (unless evidenced income <£2,083.00 per month) | 12 months | £8,972.00 |
| iO-Sphere Applied Diploma, 36 Month Repayment | £6,600.00 | Payment Plan with MIT | £183.33 (unless evidenced income <£2,083.00 per month) | 36 months | £6,672.00 |
| iO-Sphere Applied Diploma, 24 Month Repayment | £5,800.00 | Payment Plan with MIT | £241.67 (unless evidenced income <£2,083.00 per month) | 24 months | £5,872.00 |
iO-Sphere Applied Diploma, 12 Month Repayment
£5,600.00
Payment Plan with MIT
£466.67 (unless evidenced income <£2,083.00 per month)
12 months
£5,672.00
iO-Sphere Applied Diploma, 24 Month Repayment
£6,100.00
Payment Plan with MIT
£254.17 (unless evidenced income <£2,083.00 per month)
24 months
£6,172.00
iO-Sphere Applied Diploma, 36 Month Repayment
£6,300.00
Payment Plan with MIT
£175.00 (unless evidenced income <£2,083.00 per month)
36 months
£6,372.00
iO-Sphere Applied Diploma, 12 Month Repayment
£5,300.00
Payment Plan with MIT
£441.67 (unless evidenced income <£2,083.00 per month)
12 months
£5,372.00
iO-Sphere Applied Diploma, 24 Month Repayment
£5,800.00
Payment Plan with MIT
£241.67 (unless evidenced income <£2,083.00 per month)
24 months
£5,872.00
iO-Sphere Applied Diploma, 36 Month Repayment
£6,600.00
Payment Plan with MIT
£183.33 (unless evidenced income <£2,083.00 per month)
36 months
£6,672.00
iO-Sphere Applied Diploma, 36 Month Repayment
£10,400.00
Payment Plan with MIT
£288.89 (unless evidenced income <£2,083.00 per month)
36 months
£10,472.00
iO-Sphere Applied Diploma, 36 Month Repayment
£6,300.00
Payment Plan with MIT
£175.00 (unless evidenced income <£2,083.00 per month)
36 months
£6,372.00
iO-Sphere Applied Diploma, 24 Month Repayment
£9,400.00
Payment Plan with MIT
£391.67 (unless evidenced income <£2,083.00 per month)
24 months
£9,472.00
iO-Sphere Applied Diploma, 36 Month Repayment
£11,000.00
Payment Plan with MIT
£306.56 (unless evidenced income <£2,083.00 per month)
36 months
£11,108.00
iO-Sphere Applied Diploma, 12 Month Repayment
£5,300.00
Payment Plan with MIT
£441.67 (unless evidenced income <£2,083.00 per month)
12 months
£5,372.00
iO-Sphere Applied Diploma, 24 Month Repayment
£6,100.00
Payment Plan with MIT
£254.17 (unless evidenced income <£2,083.00 per month)
24 months
£6,172.00
iO-Sphere Applied Diploma, 24 Month Repayment
£10,000.00
Payment Plan with MIT
£416.67 (unless evidenced income <£2,083.00 per month)
24 months
£10,072.00
iO-Sphere Applied Diploma, 12 Month Repayment
£5,600.00
Payment Plan with MIT
£466.67 (unless evidenced income <£2,083.00 per month)
12 months
£5,672.00
iO-Sphere Applied Diploma, 12 Month Repayment
£8,900.00
Payment Plan with MIT
£741.67 (unless evidenced income <£2,083.00 per month)
12 months
£8,972.00
iO-Sphere Applied Diploma, 36 Month Repayment
£6,600.00
Payment Plan with MIT
£183.33 (unless evidenced income <£2,083.00 per month)
36 months
£6,672.00
iO-Sphere Applied Diploma, 24 Month Repayment
£5,800.00
Payment Plan with MIT
£241.67 (unless evidenced income <£2,083.00 per month)
24 months
£5,872.00
Applications for additional financing options that are not listed may be available to those who meet certain criteria, to find out if this applies to you, please ask your education provider directly.
Who may be eligible
You may be eligible to apply for StepEx finance if you:
- are applying for an eligible course delivered by iO Sphere; and
- meet StepEx's affordability and eligibility criteria.
Approval is not guaranteed. StepEx assesses all applications, and where demand exceeds available funding, not all applicants will be approved.
Representative examples of each finance type
(Illustration only – not a personalised quote)
These examples are for illustration only and are not a personal quotation.
Income-linked payment plan (illustrative)
You make repayments only when your gross monthly income is at least £2,500.
If your income falls below this threshold, repayments may be reduced or paused, subject to income evidence being submitted in the required format by the deadline.
Illustrative example: Borrow £12,000.
When gross monthly income is at least £2,500, repay £350 per month.
Repayment term: 36 repayment months.
Total amount repayable: £12,600.
A charge for credit applies.
Costs and fees
All costs are shown clearly before you decide.
Depending on the course and finance option, these may include:
- •a non-refundable application fee of £20 per application;
- •a non-refundable fee: £0.00;
- •a platform or administration fee of £1 per month;
- •interest or other charges for credit detailed in your credit agreement.
The total amount payable, any other charges and repayment schedule will be shown before you enter into any agreement.
Managing your finance
If you take out StepEx finance:
- your credit agreement is with StepEx Lender Ltd;
- repayments and account management are handled through the StepEx online portal; and
- you can view balances, repayments and key documents digitally.
You should be comfortable managing your agreement online. Support is available via the StepEx portal, chat and email.
Important information
- StepEx finance is optional and separate from your course application.
- Education providers do not lend to students or set repayment terms.
- Regulated credit is provided by StepEx Lender Ltd.
- Only the information shown on your provider-specific StepEx page and in your pre-contract information and credit agreement should be relied upon.
- If you miss payments due under your agreement with StepEx, we may, in line with your agreement and privacy notice, notify your training provider that your account is in arrears and they may act on this in line with their policies.
Regulated credit is provided by StepEx Lender Ltd, an FCA-authorised consumer credit firm (FRN: 824928), a wholly owned subsidiary of Step Exchange Ltd. Finance is subject to eligibility and affordability checks.