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The loan application process will launch in April 2013 for
the academic year 2013/14.

24+ Advanced Learning Loans are similar to higher education loans, but will be introduced for further education students

  Useful Links
  24+ Advanced Learning
Loans Factsheet
   
  24+ Advanced Learning
Loans FAQs
   
Repayment Calculator
 
 
To qualify you'll need to be:
aged 24 and over at the start of their course
a resident in the UK for 3 years prior to the start of the course
enrolling on a course at level 3 and above, such as: A levels, Access to HE Diplomas, other Diplomas and Certificates, Advanced Apprenticeships or Higher Apprenticeships

The loans are not means tested or credit checked and any individual who meets the criteria will be able to apply for a loan whether they're employed or unemployed - the loan will then be paid directly to the college on your behalf. More about eligibility here

You can check if you are eligible for a 24+ loan online by clicking here >

You don't pay anything up front for your course fees and if you're not earning over £21k, you won't pay anything back either. More about repayments here.

For apprenticeships the student and employer are expected to share the costs of the course, so the loan you would take out would only be for half the course cost.

Details correct as of: 1 March 2013

 

Other websites to visit:

National Careers Service

Money Advice Service

 

 
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Leicester Adult Education College
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Leicester LE1 6HL
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Last modified: September 30 2013 14:54:51.