24+ Advanced Learning Loans

In August 2013 grant funding for students aged 24 and over on a level 3 and 4 course was removed.
Students aged 24 and over have the option to either:

  • Pay the course fees themselves
  • Have an employer/ sponsor pay the course fees for them
  • Apply for a 24+ advanced learning loan to help pay for the course fees

To qualify for the 24+ Advanced Learning Loan you'll need to be:

  • Aged 24 and over at the start of your course
  •  A resident in the UK for 3 years prior to the start of the course
  • Enrolling on a publicly funded course at level 3 or 4, such as: A levels, Access to HE Diplomas, other Diplomas and Certificates (this does not cover courses marked with a # in our course brochure)

You can check your eligibility for the 24+ Advanced Learning Loan
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.
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.
To apply you will need the following information:

  • Valid National Insurance Number (NINO)
  • Valid UK Passport details (if held)
  • Alternative forms of ID can be submitted
  • Your course details found on your offer letter or given at enrolment

Apply Now

https://www.gov.uk/advanced-learning-loans/how-to-claim
Please ensure that your loan is in place prior to the start of your course.  Arrangements will be in place for you to apply for your loan on the day that you enrol if you bring in the correct documents.
If your loan is for an Access to Higher Education programme and you progress to complete a Higher Education programme, you will not have to pay back your 24+ loan!

Impartial money advice

It is important you consider your own circumstances and look into all options. You can access impartial money advice from The Money Advice Service www.moneyadviceservice.org.uk
For any additional information about 24+ Learning Loans please visit this government website.

Repayment

An example of how the repayments look

Yearly Income (Before Tax) Monthly Repayment
Up to £21,000 £0
£22,000 £7
£25,000 £30
£30,000 £67
£35,000 £105
£40,000 £142


Mechanical Universe

Contact-info

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