what does course in clearing mean

Clearing is how unis and colleges fill any places they still have on their courses. From 5 July – 19 October, you can apply for a course using Clearing if you’re not already holding an offer from a university or college, and the course still has places.

Full Answer

Does clearing have places for a course?

If clearing has places for a course, does it mean that a lot of students didn't fufill the requirements for that course or that not many applicants chose the course in the first place? ? You'll earn badges for being active around the site.

What is clearing?

Breaking Down 'Clearing'. Clearing is the process of reconciling purchases and sales of various options, futures, or securities, as well as the direct transfer of funds from one financial institution to another.

How do I add a clearing choice to my course?

Click 'Add Clearing choice', and fill in the course details by the date the university/college gave you on the phone. This counts as you definitely accepting the offer, so if they confirm, it'll show as an acceptance on your 'Choices' page in Track.

How do I accept a university offer with clearing?

After you’ve found the course you’re interested in, give the uni a call to make sure you meet the entry requirements and they still have vacancies. If they offer you a place and you want to accept it, add the Clearing choice in Track.

What is clearing course in UK?

What is Clearing? Clearing is the system employed by UCAS and UK universities at the end of the academic year to fill course places that haven't been taken. Every year thousands of places are allocated this way, and it's certainly not a case of getting rid of the courses that nobody wants.

What does eligible for clearing mean?

What is Clearing? Clearing matches applicants to university places that are yet to be filled. It's available to anyone who has made a UCAS Undergraduate application and doesn't hold any offers. Running from 5 July to mid-September, you'll be eligible for Clearing if: you apply after 30 June.

How many courses can you apply for in clearing?

one choiceYou can apply for one choice at a time through Clearing. Once a choice has been selected, you cannot add another, unless you've been unsuccessful with the first one.

What subjects are normally in clearing?

Five Subjects Usually Available During ClearingBusiness and Administrative Studies. ... Subjects Allied to Medicine. ... Biological Sciences. ... Social Sciences. ... Engineering.

What does clearing at university mean?

Clearing is a system that matches university applicants who haven't had an offer with institutions that still have unfilled places. The thought of going through it can be scary, as it means you didn't get into the unis you applied for.

Do universities accept lower grades in clearing?

Most universities that have course vacancies during Clearing will be prepared to accept you if your grades are below their entry requirements as long as you sound passionate and are right for the degree subject. They may also accept you based on the UCAS points you've accumulated rather than you final grades.

Can clearing reject?

You don't get rejected from Clearing. It's possible that there isn't a course available that matches what you want, but this isn't a rejection and you will get excellent support from our Clearing advice team who can help find alternatives you've not considered.

Is Clearing first come first serve?

UCAS Clearing does work on a first come first serve basis, which is why it can often be an anxious time for prospective students who are submitting an application.

Can I go through clearing without UCAS?

Those who haven't yet applied to any universities can also apply through Clearing once they have their results. However, you'll need to have completed a UCAS application to use Clearing.

What are clearing 2021 courses?

LondonUniversityClearing coursesBrunel University London222 including Civil Engineering and SociologyCity, University of London79 including Aeronautical Engineering and FinanceUniversity of East London229 including Advertising and Tourism ManagementGoldsmiths, University of London72 including Economics and Journalism15 more rows

What are the most popular courses on clearing?

10 popular subjects in Clearing 2022Accounting and finance.Civil engineering.Printmaking.Business management.Journalism.Computer science.Fine art painting.3D design and craft.More items...

What are the most common courses in clearing?

Common Clearing Courses 2022Communication and documentation. ... History and Philosophy. ... Education. ... Physical Sciences. ... Computer Sciences. ... Law. ... Engineering. ... Art and Design. If you're a creative type then you'll have great range of options during Clearing from some amazing universities.More items...

What is clearing?

Clearing is where university applicants are matched to university places that haven’t been filled. Clearing is available to anyone who has made an application to university through the UCAS Undergraduate application process but doesn’t hold any offers. You’ll be eligible to go through clearing if:

When does clearing happen?

Clearing runs from 6th July through to mid-September. The key dates are:

How to apply through Clearing

Be prepared. Clearing vacancies went live on 6 July. If you have that nagging doubt about your results or the choices you made, prepare a plan B, for what may be coming your way on the 13 th August. Here are a few tips to prepare for results day:

What is the purpose of clearing?

The process of clearing ensures that the entities or parties engaged in a financial transaction are protected, receive their due amount, and the transaction goes smoothly. The clearinghouse acts as a third party or mediator for the transaction while the clearing process recordings the details of the transaction and validates the availability of funds.

What is clearing in finance?

Clearing is the procedure by which financial trades settle; that is, the correct and timely transfer of funds to the seller and securities to the buyer. Often with clearing, a specialized organization acts as the intermediary and assumes the role of tacit buyer and seller to reconcile orders between transacting parties.

What is a clearinghouse in stock market?

For futures and options, a clearinghouse functions as an intermediary for the transaction, acting as the implicit counterparty to both the buyer and seller of the future or option. This extends to the securities market, where the stock exchange validates the trade of the securities through to settlement.

What is clearinghouse fee?

Clearinghouses charge a fee for their services, known as a clearing fee . When an investor pays a commission to the broker, this clearing fee is often already included in that commission amount. This fee supports the centralizing and reconciling of transactions and facilitates the proper delivery of purchased investments.

What is an ACH clearing house?

An automated clearing house (ACH) is an electronic system used for the transfer of funds between entities, often referred to as an electronic funds transfer (EFT). The ACH performs the role of intermediary, processing the sending/receiving of validated funds between institutions.

Why is clearing necessary?

Clearing is necessary to match all buy and sell orders to ensure smoother and more efficient markets. When trades don't clear, the resulting out trades can cause real monetary losses. The clearing process protects the parties involved in a transaction by recording the details and validating the availability of funds.

What happens when a depository institution receives a check drawn on another institution?

When a depository institution receives a check drawn on another institution, it may send the check for collection to the institution directly, deliver the check to the institutions through a local clearinghouse exchange , or use the check-collection services of a correspondent institution or a Federal Reserve Bank.

When will the hotlines open for a course?

Be aware of dates and times, including the fact most courses won't close until the end of the first day of Clearing. Hotlines will stay open until September, giving you time to discuss your options with those closest to you.

How many students secured their university places in 2019?

In July 2019, UCAS declared that a total of 66,770 students managed to secure their university places during the 2018 Clearing cycle.