Deposits - the what, why and how
Our programmes require that you pay two small deposits. The deposit simply confirms your commitment to participation, and is returned to you once you have completed your programme commitments. For more info, please read
How much is the deposit?
The deposit is set based on two instalments of £100 GBP each. If you are paying in a currency other than GBP, Paypal will automatically work out how much you can pay in your local currency.
We use PayPal to accept the deposits, PayPal is chosen as it gives strong consumer rights and protections to the deposit maker.
Summer programmes vs. Off-cycle programmes
To have a complete application, you will need to make 2x £100 deposits, an 'application deposit' and a 'programme deposit'
For our summer programmes, the 'application deposit' instalment is required when we confirm your place on our programme before you submit your video interview; the 'programme deposit' is usually only requested after we confirm your place on your particular project - following interviews.
For our off-cycle programmes, there is a small difference. The 'application deposit' instalment is requested when you confirm your place on a general Gotoco programme; the 'programme deposit' is requested when you select or accept a programme offer.
*The difference in these two application types is that for the off-cycle round, you can pay in any order, this is because we let you select your own programme in the off-cycle rounds. We run summer programmes as open applications, so you don't select a programme and accordingly only pay the 'programme deposit' upon receiving an offer.
Why do I need to pay a deposit?
Our programme requires the 'application deposit' instalment to be sure of your commitment before we take your application further, the 'programme deposit' is requested to confirm your commitment to joining a particular project, our partners need this commitment guaranteed so that they can prepare for your arrival (e.g by issuing you with a visa invitation letter, saving you a space, rejecting other applicants etc).
•We need to ensure our limited number of placements are not wasted, withdrawing after being made an offer can mean a place ends up never being taken up - so we need a policy to protect that.
•Additionally, significant team resources are allocated to you as soon as you enter our application system, so the deposit is there as a security to ensure the resources are allocated effectively.
When will my deposit be returned?
The deposit is returned to you once you have finished your programme with us and completed its obligations. Obligations are usually just that you fill in our feedback form and complete tasks linked to any funding you received through us (e.g. completing your TESOL training). Please only pay once you are happy to confirm your participation in the programme in line with this. Please review points 8, 9, 10 and 11 of our terms to ensure you are familiar with other deposit terms. If you pay a deposit and don't participate in a programme then the deposit is not refundable, so you need to complete one of our programmes to be eligible for a refund. Once the deposit is paid, it is only refunded inline with the terms above.
Please note that if your deposit was sent to us more than 180 days before it is returned to you, then Paypal will charge you a small service fee of around approx 5% (e.g on £100, the fee tends to be around £4.60).
Is this deposit fully refundable?
Upon programme completion you are eligible for a refund. Gotoco refund the deposit without deducting any charges and fees, we want this to be a fully refundable deposit.
Sometimes, there are some small deductions from PayPal. PayPal may charge you some small fees, these are usually for deposits held over 180 days or for transactions where you didn't originally pay in £GBP. If you paid through a credit card, sometimes they charge you too. Gotoco don't charge any fee in this process. small fees levied by the online payment service, such as PayPal, are deducted prior to reimbursement.
*Other FAQs recently submitted by would-be Gotoco'ers:
Will the application deposit be refunded if I am not accepted?
We run an entry-level programme, so once we invite you to make a deposit we are confident that you will be accepted. If you are not for any reason, then of course the deposit is refunded.
Can I defer my deposit?
In cases where the deposit isn't refundable, usually we may be able to let you defer a deposit to a future placement. We assess this case-by-case, you can only request deferral once.
Will the application deposit be refunded if I change my mind about coming?
If we have invited you to make a deposit, it means we'd like to give you a placement in the time-period you have applied for. Congrats!
Once you make the deposit, you secure a place on our waiting list. The sooner you make the deposit, the higher you will be positioned in our waiting list, but if you delay too much then you may lose this opportunity altogether. Deposits are usually not refundable if you change your mind about coming, so you will need to weigh up what you want to do.
For Gotoco, a major purpose of this deposit is that you only put it down once you are 100% committed to participating, it thereby helps us allocate our placement vacancies and team resources with the confidence that would-be Gotoco'ers that have made deposits are intending to participate. If it were to be refundable in cases where one has changed their mind, then it would no longer serve one of its important functions, accordingly it isn't refundable if you change your mind.
Caveat: if there are gravely serious and evidenced extenuating circumstances, e.g the type of thing that would enable you to receive deadline extensions at e.g school/university or time off work, then we can consider those as grounds for a refund - this can be assessed case by case.
If I pay a deposit and then get some other career opportunity that I want to do instead, what happens to my deposit?
Alternate uptake refund:
You are welcome to receive a refund at any time by referring another candidate to go in your stead - to do that just let us know when a referred candidate needs to pay the deposit and we can then officially transfer it. If you'd like to refer someone, please email us and we'd strive to expedite their application, subject to eligibility.
Even if you fill in the above, if your project is due to start in 2x months, it is not likely that a refund can be made - this is because you will have likely taken up a position that someone else could have benefitted from. We only have limited places and it is important that places aren't wasted when people withdraw at late notice.
Referral is recommended if you wish to join us in future
If you are eligible for a refund but you also intend to join us in future, we recommend that you defer. If you are refunded then the offer is cancelled and you'd need to apply again afresh. If apply again you aren't certain of gaining an offer, because it will depend on competition for places at the time you apply.