Advanced Learner Loans
A loan for learners aged 19 and over studying in Further Education at Level 3 or above. The loan is provided by the Student Loans Company (SLC) and paid directly to the College.
- The loan is NOT means tested or dependent on credit checks.
- The loan application covers the duration of the course.
- You will not need to reapply each year.
What is an Advanced Learner Loan?
An Advanced Learner Loan is funding provided by Student Finance England, which will cover or help to cover the cost of your course (tuition, examination and registration fees).
Loans are not credit checked or means tested, so you can apply whether you are unemployed or employed.
You just need to meet the following eligibility criteria:
How Do I Apply?
To apply for one of our courses, you will need to either contact one of our centres directly, or our head office. Then we will be able to provide a course induction, to ensure the course is the best option for you.
To apply for your Student Finance (Advanced Learner Loan), you can apply online – you’ll need to register first.
You can apply by post if you cannot apply online. You’ll get a letter confirming your loan – usually within 2 weeks if you apply online (postal applications take longer).
Our teams will support you through this process, when making an appointment, or appointment, you will need the following information with you:
You will need the following for your application
Advanced Learner Loan Application
You can complete your Advanced Learner Loan application, online, at home, work, training centre or academy, once you have met with a Pathway Group advisor. You will need the following information to complete your application:
Leave or change your course
You’ll have to pay back any money that’s been paid to your training provider (plus interest) if you leave or change your course after 2 weeks or more.
The interest rate will be the rate of inflation.
Speak to training centre staff to see if they can transfer the loan to another course, if necessary.
You start paying back your loan in the April after you finish your course, but only if you earn more than £25,725 a year. Repayments are calculated as follows:
For example, your monthly repayments would be
Your employer will work out your repayments and take them out of your salary with your tax.
If you’re self employed, you make repayments as part of your Self Assessment tax return.
You can pay some or all of your loan at any time without an extra charge.
You pay interest from the time your first payment is made until you pay your loan back in full.
|While you’re studying and until the April after you leave the course||Rate of inflation (Retail Price Index) plus 3%|
|£25,725 or less||Rate of inflation|
|£25,725 to £46,305||Rate of inflation plus up to 3%|
|£46,305 and over||Rate of inflation plus 3%|
Pathway Group Courses
Click below to explore our courses in more detail:
Pathway Group Training Locations
Pathway Group Training Academy
18 Lichfield Street
Pathway Group Training Centre
King Charles House, 2 Castle Hill
0121 707 0550
Pathway Group Training Academy
Copthall House, King Street
01782 365 365