Aged 19 or over? Discover a new and easy way to pay your course fees
The new 19+ Advanced Learning Loan aims to help take the financial stress away from study by allowing those aged 19 and over to apply for a loan to cover the tuition fee.
Any UK resident aged 19 or over who enrols with us onto an eligible level 3 or higher course, can apply for a Government funded loan to pay for the tuition fee. This will be paid directly to the college on your behalf via the Student Loans Company.
This is great news for you as it means that you don’t have to pay anything when you enrol. This includes all advanced or higher qualifications, such as A Levels, Access to Higher Education Diplomas and other Diplomas and Certificates. What’s even better news is that you don’t have to start paying the loan back until you’re earning over £21,000 a year. Real rates of interest on loans will be no higher than those prevailing in the market and linked to inflation. Any balance outstanding is written off after 30 years.
19+ Advanced Learning Loans will enable thousands of people to benefit from life changing opportunities. Evidence shows that people with qualifications at higher levels get greater benefit in the job market.
If you are enrolling on one of our Access to Higher Education programmes and then progress to a Higher Education (HE) course at any UK college or university, the further education part of the loan will be written off when you complete your HE course!
If you take out a 19+ Advanced Learning Loan and subsequently take out a loan for higher education, your loans are rolled into one and only one monthly repayment is made.
Anyone eligible will be able to apply for the loan can do this by contacting our course information team
More information to help you to understand the new Government loans
- Key facts – http://slc-apps.co.uk/Quick-Start-Finance-Guide/Home.html
- FAQs – http://www.practitioners.slc.co.uk/media/474817/24__faq_v2.pdf (pdf, new window)
- How to Apply – http://slc-apps.co.uk/Quick-Start-Finance-Guide/Home.html
- Repayment Calculator – Use the repayment calculator to get an estimate of how much 19+ Advanced Learning Loan you could borrow and how long you might repay for – https://www.gov.uk/student-finance-calculator
Aged 19 – 23?
Your course may still be FREE – have a look at our fee page for more information.