Looking To Find Out More?

Click Here

WHAT IS AN ADVANCED LEARNER LOAN?

If you're aged 19 or over and want to study A Levels, an Access to Higher Education Diploma or a Level 3 to 6 Further Education qualification starting after 1st August 2016, you will have fees to pay for the course. The Advanced Learner Loan is a Government funded loan available to help learners with their fees. It is easy to apply for, does not involved a credit check, does not take your household income into account and; you will not have to pay anything back until you are earning over £25,000 per year.

No repayments until you’re earning over £25,000 p.a.

There’s no credit check and your income isn’t taken into account when you apply for the loan. You start to repay in April of the year after your loan is taken out, but you only start repaying the loan when you earn more than £25,000 a year. So, if you are not earning £25,000 a year at that point, the repayments are put on hold and you pay nothing back until you are earning that amount or more.

Take a look at the courses to see which interests you

This loan is one that you only pay back if you are earning

You only start repaying the loan the April after you have finished your course. Then you only start repayments when you earn more than £25,000 a year. When you earn over £25,000 p.a. you then only pay back 9% of your income over £25,000. So for example your repayments would be:

  • £15 a month - if you earned £27,000 a yearr
  • £37 a month - if you earned £30,000 a year

Take a look at our repayment calculator if you want to see more examples.

If you are not earning £25,000 a year at any point, the repayments are put on hold and you pay nothing back until you are earning that amount or more. If you are employed, the repayments can be taken from your salary at the same time as your tax and National Insurance. If you become self employed you can include repayments as part of your annual tax return.

You can pay for any of our RQF courses with an Advanced Learner Loan (so long as you’re 19 or over - there’s no upper age limit).Take a look at the course that interests you

If you don’t earn over £25,000 p.a. you don’t start repayment

If your income drops below £25,000, your loan payments will pause until you earn more again. If you don’t earn enough, or are unfit for work the repayments are kept on pause and you pay nothing until your income gets above £25,000 a year.

If, after 30 years, you have paid just part of the loan back, or none at all, it will be written off completely, so you won’t have a debt hanging over you.

Yes - you can still get a loan even though you already have qualifications

Advanced Learner Loans are there to help you learn new things - to change jobs, get a promotion or return to work after a break, for example. It doesn’t matter if you already have qualifications, you can still get a loan to pay for a new course.

No matter how highly qualified you may be in one kind of career, you may want to do something entirely different now. People’s interests change over time and their working lives can change direction. Advanced Learner Loans can also enable you to re-train and start a new career path.

Look at our courses to find one that interests you.

Yes - you can still get a loan even though you already have qualifications

If you start to earn a salary of £27,000, you’ll pay just £90 a year or £15 a month (9% of £1000) off your loan. For example, if you earn £30,000, you will repay £810 a year (£37 a month).

1

Choose your course, check your eligibility and get signed up.

Choose which course you wish to apply for and complete the online application form to enrol. If you are 19 or over, a UK/EU citizen or have lived in the UK/EU for 3 years or more and applying for a level 3 or 4 course; then you are likely to be eligible for funding. All our courses can be funded by an Advanced Learner Loan.

3

Apply for an Advanced Learner Loan

Once you receive your QLF you can use it to complete the online application on the Student Finance England (SFE) website, using the link provided on the Forms page.

5

Start Learning!

Once your loan is approved you can start submitting assignments and getting feedback from your own personal and experienced assessor.

2

Book your course online

Book your course online using the Forms page or alternatively you can contact us via telephone if you wish to speak to an experienced advisor. After you complete the enrolment process, we will email you a Qualification Learning and Funding Letter (QLF).

4

Wait for SFE to approve your loan

Within a few weeks, the SFE will approve your loan (assuming all the criteria have been met) and send you a letter confirming that you can start your course. LPC will also be notified that your loan has been approved. The good news is that we let you start learning online as soon as you have applied for your loan; so, you don’t have to wait around and can start learning immediately.