Flexible tuition finance
Pay for your course over time
See the finance terms available for your Makers Academy course and apply separately for regulated finance from StepEx.
Finance is optional and separate from your course application. Approval is subject to eligibility and affordability checks.
If approved, the finance is applied towards eligible course fees and payments are made directly to the education provider under the applicable arrangement.
Finance offers for Makers Academy courses
Makers Academy Software Development
Future Earnings Agreement
Payable only while your evidenced monthly income is at or above £2,400.00 per month.
Representative example
The rules and financial parameters below are the fixed terms currently available for this finance offer. The amount and timing of your repayments will depend on your evidenced income. If your application is approved while these terms remain available, these rules will apply, subject to eligibility and affordability checks.
- Course fee contribution paid to provider
- £8,500.00
- Amount financed
- £6,500.00
- Charge for credit
- £7,927.00
- Representative APR
- 5.9%
- Income share
- 10%
- Minimum income threshold
- £2,400.00 per month
- Maximum number of income-linked repayments
- 36 monthly repayments
- Period in which repayments may become due
- up to 72 months
- Total amount payable
- £14,499.00
- Monthly platform fee
- £1.00
Monthly platform fee: £1.00. The monthly platform fee applies during both repayment and non-repayment months in accordance with the product terms. The total amount payable shown above includes the platform fees applicable across the number of income-linked repayments.
Fees payable separately before entering into the credit agreement
A non-refundable £20 information validation fee applies for each applicant who is not an existing borrower. This is not included in this representative example or in the total amount payable under the credit agreement.
A non-refundable upfront course-fee contribution (advance payment): £2,000. This is your own contribution towards the course fees. It is not borrowed, is not part of the amount financed, and is paid towards tuition alongside the financed amount. It is not included in this representative example or in the total amount payable under the credit agreement.
Makers Academy Software Development Discounted
Future Earnings Agreement
Payable only while your evidenced monthly income is at or above £2,400.00 per month.
Representative example
The rules and financial parameters below are the fixed terms currently available for this finance offer. The amount and timing of your repayments will depend on your evidenced income. If your application is approved while these terms remain available, these rules will apply, subject to eligibility and affordability checks.
- Course fee contribution paid to provider
- £7,650.00
- Amount financed
- £5,650.00
- Charge for credit
- £7,855.00
- Representative APR
- 7.2%
- Income share
- 9%
- Minimum income threshold
- £2,400.00 per month
- Maximum number of income-linked repayments
- 36 monthly repayments
- Period in which repayments may become due
- up to 72 months
- Total amount payable
- £13,577.00
- Monthly platform fee
- £1.00
Monthly platform fee: £1.00. The monthly platform fee applies during both repayment and non-repayment months in accordance with the product terms. The total amount payable shown above includes the platform fees applicable across the number of income-linked repayments.
Fees payable separately before entering into the credit agreement
A non-refundable £20 information validation fee applies for each applicant who is not an existing borrower. This is not included in this representative example or in the total amount payable under the credit agreement.
A non-refundable upfront course-fee contribution (advance payment): £2,000. This is your own contribution towards the course fees. It is not borrowed, is not part of the amount financed, and is paid towards tuition alongside the financed amount. It is not included in this representative example or in the total amount payable under the credit agreement.
StepEx finance for Makers Academy courses
Your course application to Makers Academy and your StepEx finance application are separate.
1. Get accepted onto your course
Have received acceptance onto your course from Makers Academy.
2. Apply separately for finance to StepEx
StepEx completes eligibility and affordability checks before making a lending decision.
3. Review your finance offer
Review the payments, agreement term, charges and total amount payable shown for the finance offer available for your selected course.
4. Course fees are paid directly
If approved, the finance is applied towards eligible course fees and payments are made directly to Makers Academy under the applicable arrangement. Funds are not paid to you. You then manage your agreement through the StepEx portal.
Before you apply
Key information about eligibility, fees and managing your finance.
Eligibility and approval
You may be eligible to apply for StepEx finance if you:
- are applying for an eligible course delivered by Makers Academy; 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.
Costs and fees
All costs are shown clearly before you decide. Costs and repayment structures vary by offer, and the specific figures that apply are shown within each offer card. Depending on the course and finance option, these may include:
- a non-refundable £20 information validation fee applies for each applicant who is not an existing borrower;
- your upfront course-fee contribution (advance payment) of £2,000 — your own contribution towards the course fees, not borrowed and not part of the amount financed (paid to your training provider, separate from your StepEx finance);
- 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
Your credit agreement is with StepEx Lender Ltd.
Repayments, balances, documents and account management are handled through the StepEx online portal.
You should be comfortable managing your agreement online.
Support is available through the StepEx portal, chat and email.
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.
The education provider is responsible for delivering the course. This does not affect any rights you may have against StepEx under applicable law or your credit agreement.
Postal address: StepEx Lender Ltd, Complete HQ, 2 Bridge Court, Kingsmill Road, Saltash, Cornwall, PL12 6LS, United Kingdom.