The Advanced Learning Loan is similar to the Higher Education loans but has been introduced for Further Education learners. Study for the career you want now without having to pay course fees up-front with the Advanced Learning Loan.
Qualify now pay later
Advanced Learning Loans are available to cover tuition fees for learners who are enrolling on courses at Level 3 and above
No credit check
No repayments until you earn over £27,000 per year
An Advanced Learning Loan can help you to:
Retrain
Boost your career prospects
Refresh your industry skills
Progress to Higher Education.
To qualify for the Advanced Learning Loan you’ll need to be:
How is the loan paid?
Student Finance England (SFE) pay your course fees directly to the College
You will only start to repay the loan once you have completed your course and are earning over £25,000 per year
Any loan remaining after 30 years will be written off
You will pay 9% of any income earned over £26,500 –
It is important that you consider your own circumstances and look into all options for paying for your course before choosing to take out a loan. You can get impartial money advice from the Money Advice Service atwww.moneyadviceservice.co.uk
Useful links
Official website:www.direct.gov.uk/advancedlearnerloan
Qualifications and careers information:www.nationalcareersservice.direct.gov.uk
0207 732 9255
JFC Training College, 12-14 Wellington Street, Woolwich, London, SE18 6PE.
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