The Advanced Learner Loan is a government-funded loan to help learners aged 19 and over. It’s easy to apply for, doesn’t take your household income into account and doesn’t involve a credit check. It covers A Levels, an Access to Higher Education Diploma, or a Level 3 to 6 Qualification.
Repayments on the loan are linked to your annual salary. They only start when you have A), finished your course, and B), you are earning over £21,000 per year.
You pay back 9% of your annual salary over £21,000 before tax. For example, if you earn £22,000 a year, you will only pay back £7.36 per month.
How old do I need to be?
You must be 19 or older on the first day of your course.
What type of courses apply?
A Level 3, 4, 5 or 6 qualification, eg A Levels, graduate certificate or foundation degree at an approved college or training provider in England
Nationality or residency status?
You must usually:
You may also qualify if you’re: