24+ Advanced Learning Loans
From August 2013 accredited Level 3 and 4 courses will no longer be directly funded by the government.
Instead 24+ Advanced Learning Loans are being introduced. These loans are similar to higher education loans, and will help students pay the tuition fees charged by colleges and training organisations. If you are 24 years and older, and are planning on doing an accredited Level 3 or above courses with Kent Adult Education, you can apply for a loan to help with the costs of tuition fees. To be eligible the course you are enrolled upon must start after 1st August 2013 and applies for courses starting up until 31st July 2014.
To qualify you will need to be:
- aged 24 and over on the first day of the 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 and Higher Apprenticeships
Loans are not means tested or credit checked so no matter whether you are employed or unemployed, as long as you meet the criteria you will be able to apply. The loan will then be paid directly to the learning provider on your behalf. Part loans can be applied for your course but there is a minimum loan value of £300.
Find out more about eligibility
- you do not pay any course fees upfront
- repayments do not start until April 2016
- you pay back your loan (plus interest) when you've finished your course and start earning more than £21,000 a year
- if your income drops below £21,000 a year then loan repayments stop
- each month you pay back 9% of any income over £21,000. For example; if you earn £25,000 a year your monthly repayments would be £30.
Find out more about repayments
How to apply:
- apply online or by post from April 2013 for courses starting between 1st August 2013 and 31st July 2014
- following confirmation of your course place you can apply online or visit https://www.gov.uk/advancedlearningloans, where applications can be printed and completed
- you can apply even if your course has already started but you must have applied before the course finishes
- it can take up to five days to process an application (or 2 to 4 weeks if you apply by post)
- you need a National Insurance number before any money can be paid however, you can still apply for a before you have got a National Insurance number
- you will need your passport details or another form of identity to apply e.g. your birth certificate. Do NOT send your passport
View the 24+ Advanced Learning Loans Factsheet
View the 24+ Advanced Learning Loans FAQs