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), meaning you have no fixed up front fees.

What is an Advanced Learner Loan?

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 Training Provider.

  • 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.

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), meaning you have no fixed up front fees.

Advanced Learner Loan Eligibility Criteria

How to apply


To apply for one of our courses, you will need to contact one of our centres directly. Then we will be able to provide a course induction, to ensure the course is the best option for you.

You’ll recieve information, advice and guidance relating to your course and undergo a assessments to identify suitablity.

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.

Repayments

Payments will depend on the amount you earn over the repayment threshold during any given pay period, not the amount that you’ve borrowed.

Your pay period depends on when you receive your salary. This could be every week, every four weeks or a calendar month. Payments will stop if you earn below the repayment threshold for that pay period.

You’ll only repay when your income is over £524 a week, £2,274 a month or £27,295 a year (before tax and other deductions).

Loan Interest

While you’re studying, interest is 5.6%.

This is made up of the Retail Price Index (RPI) plus 3%. RPI is currently set at 2.6%.

This rate applies until the 5 April after you finish or leave your course, or for the first 4 years of your course if you’re studying part-time, unless the RPI changes.

After that, your interest rate depends on your income in the current tax year.

If you’re self-employed, your income is the total income amount on your Self-Assessment form.

If you’re an employee, your income is your taxable pay:

  • plus any pension contributions
  • minus any benefits you get from your employer that are taxed through payroll (ask your employer if you’re not sure)

If you have more than one job in a year, your interest rate will be based on your combined income from all your jobs.

Your annual incomeInterest rate
£27,295 or lessRPI (currently 2.6%)
£27,296 to £49,130RPI (currently 2.6%), plus up to 3%
Over £49,130RPI (currently 2.6%), plus 3%

Meet Our Advanced Learner Loans Team