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Normally, someone who is 19+ and wanting to study for a qualification at level 3, 4 or a higher apprenticeship, will have to pay for their own course fees.

Within the last year the government has introduced a scheme whereby you could receive a loan of up to £9000 to pay for your course. The amount you can borrow is dependent on your course; the minimum you can borrow is £300.

The loans are given without taking into consideration your credit score or household income. You pay back the loan based on what you earn, rather than what you borrow. It is set at a rate of 9% of earnings above £21,000 per annum. This means that if you land a job earning £25,000 your yearly loan repayments will be 9% of £4,000 = £360 (£30 month). Not bad.

Paying your loan is hassle free as it is taking directly from your wage through the tax system. Payments will only start after 2016. If at any time you wish to make voluntary payments this option is available to you.

If you are ever unsure as to your options, or would like someone to run all your options through with you, we’d recommend visiting the Money Advice Service at for free and impartial advice.

For information and advice on learning, career and funding options, visit

For more information on loans and to apply, visit

Contact 19+ Advanced Learning Loans on 0845 24 02 024

19+ Advanced Learning Loans are administered by Student Finance England (SFE), a Student Loans Company service, providing financial support to students on behalf of the UK government.

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