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Advanced Learning Loan Facility

 Are you interested in advancing your career? If YES! taking out an Advanced Learner Loan will enable you to achieve your goals.

 

Whether you're unemployed and seeking employment or self-employed/employed and looking for a change, this is a fantastic opportunity to gain the necessary qualifications to either change or advance your career without having to make an initial financial outlay!

 

​You can apply for up to 4 loans - you can have more than 1 loan at a time, and you must be aged 19 or over on the first day of your course. Although no credit check will be required, there are other eligibility criteria that apply - Please contact us for further information.

 

You only need to repay the loan (plus interest) when you finish your course and earn more than £27,295 per year (£2,274 per month). Should your earnings drop below £27,295 per year your repayments will stop.

 

Your annual repayment will be 9% of any income you earn over £27,295.

 

For example:

Your annual income is £28,800 and you are paid a regular monthly wage of £2,400 (£28,800 divided by 12)

This amount is £126 over the threshold of £2,274 per month (£2,400 minus £2,274).

You will therefore pay back £11 each month (9% of £126).

Please contact us for further information.

 

We look forward to helping you achieve your goals.