There are course costs associated with some Level 3 to 6 courses which you may need to pay in order to study these courses.

From the 1st August 2016 the government’s Advanced Learner Loans will replace 24+ Advanced Learning Loans.

These government-backed loans are available to help students aged 19 and over pay their course costs for eligible courses at Levels 3 to 6. However if you are aged 19 to 23 and have not already achieved a full Level 3 qualification, you may be entitled to full funding for a Level 3 course.

Repayments

Repayments don’t begin until you’ve finished your course and are earning over £21,000 per year.

Who qualifies for the loan?

The Advanced Learner Loan is not means-tested and does not require a credit check, but to be eligible for a loan you must be:

  • Aged 19 or over on the first day of your course (there is no upper age limit)
  • Starting your course on or after 1st August 2016
  • Ordinarily a resident in the UK/EU/EFA for at least three years before the start date of your course
  • Enrolling on a full Level 3 to Level 6 course
  • Studying with a college or training organisation in England approved for public funding

What can I use the loan for?

The loan is designed to pay for part of or the full cost of the tuition fee for your full Level 3, 4, 5 or Level 6 course – the loan cannot be used to pay for individual units or awards. Qualifications that you can use the loan for include:

  • A Levels (Up to four)
  • Diplomas and Certificates
  • National Vocational Qualifications (NVQ’s)

Find out more…

Once you have been interviewed and offered a place on your chosen course, if you are aged 19 and over, you can speak to our Learner Services Financial Support Advisor to discuss course costs and loan opportunities.

All the relevant information required for your loan application will be sent out to you once an offer has been made.

If you have any queries please contact Nicole Wilson in Student Services on 01780 484300 ext 344 or email financial.support@stamford.ac.uk

When can I make an Advanced Learner Loan Application?

Applications for the Advanced Learner Loan can be made from May 2016 for courses starting from 1 August 2016.