If you’re aged 19 or over (24 or over if your course begins before 1 August 2016) and want to study A Levels, an Access to Higher Education Diploma, or a Level 3 to 6 (Level 3 or 4 only if your course begins before 1 August 2016) Vocational Qualification, you’ll need to pay your college or training organisation for the cost of your course.
The Advanced Learner Loan is a government-funded loan to help learners. It’s easy to apply for, doesn’t take your household income into account and doesn’t involve a credit check.
Here are some key facts about the loan:
Here is how much you’ll be paying back once you’ve started employment, based on your income:
Your income each year before tax: | How much you pay |
up to £5,000 | Repay £0 |
£5,000 | Repay £0 |
£10,000 | Repay £0 |
£15,000 | Repay £0 |
£21,000 | Repay £0 |
£22,000 | £7 per month |
£25,000 | £30 per month |
£30,000 | £67 per month |
For further information, contact Learner Services at Kidderminster College for more information or advice in person, via email at learnerservices@kidderminster.ac.uk or by calling 01562 512004. Alternatively you can visit nationalcareersservice.direct.gov.uk/advancedlearningloans.