Advanced Learner Loans
To qualify for an Advanced Learner Loan you need to be:
Aged 19 or over at the start of the course
A resident in the UK for five years prior to the start of the course
Enrolling on an eligible course at level 3 or above. See all eligible courses below.
Your loan repayments
A loan will work in a similar way to the current loan system for university courses. You will only start to repay the loan (plus interest) once you have completed your study or training and are earning over £21,000 a year.
Repayments start in the April, following the completion of your course.
Your annual repayment amount will be 9% of any income you earn over £21,000.
Here are some typical repayment examples to help you understand how it works:
If you earned £22,000 a year, your monthly repayment would be £7.50
If you earned £25,000 a year, your monthly repayments would be £30
If you earned £30,000 a year, your monthly repayments would be £67.50
For more information call 020 3667 0050 or email our Student Finance Support team: firstname.lastname@example.org.
Courses eligible for Advanced Learner Loans at Barking & Dagenham College:
Additional Financial Support
Additional financial support is available for students. Click here to find out more.
Making the right choice for you - independent financial advice
It’s important you consider your own circumstances and look into all options for paying for your course before choosing to take out a loan.
You can get independent financial advice from the Money Advice Service.
Helpful information for you to download
Loan information from Student Finance England
Advanced Learner Loan Q&A Factsheet
Step-by-Step Guide to applying for the Loan