19+ Advanced Learning Loans
Advanced Learning Loans are administered by Student Finance England (SFE), a service provided by the Student Loans Company. Advanced Learning Loans have been introduced by the UK government to help with the costs of a course at a college or training provider in England.
The qualifications obtained trough Advanced Learning Loans can help people to progress in their chosen career, or even move into a totally new career. The benefits of these loans can mean improved job prospects, career progression in your current job and higher wages.
Through the Advanced Learning Loan, the applicant can access only support to cover the tuition fee and is fully refundable after finishing the course and earn over a certain level (Threshold). The amount you can get depends on your course, the fees charged by your college or training organisation and maximum amounts set by the government. You can take out a loan for the maximum amount to cover your fee or you can pay all or part of the fee yourself. The fee for your course will be set by your college or training organisation. They’ll confirm the cost and the amount that can be covered by a loan before you enrol.
You will not receive the loan it will be paid directly to your learning and skills provider or the local college/learning provider on your behalf.
Progress to Higher Education
If you did not gain the traditional qualifications required to progress to Higher Education when you were at school, such as A levels or Baccalaureate now you have the chance to apply for an Advanced Learning Loan and progress to Higher Education without any previous qualifications. Courses like Access to Higher education and Level 3 courses will give you the possibility to gain access to Higher Education.