24+ Student Loans
24+ Advanced Learning Loans - No course fees to pay upfront.
Are you 24 or over and interested in starting a Level 3 or 4 qualification?
Then from 1 August 2013 you can pay for it yourself or through the Advanced Learning Loan, which has been introduced through the Students Loan Company (SLC).
Level 3 and 4 qualifications could be ideal for you, because:
- Almost a third (31 per cent) of employers said they would offer a wage premium for someone who was qualified to at least Level 3.
- 60%of employers view vocational qualification as more attractive or equal to academic qualifications.
It’s easy to find out if you’re eligible: simply use this eligibility checker
The repayment is a good deal too – you’ll only start repaying your loan in 2016, and then only once your income is £21,000. You’ll repay just nine per cent of any income you make above £21,000. Just use the calculator to give you a better idea. If your income drops below £21,000 loan repayments stop.
Loan applications can be submitted at any time. To apply please use the application tool .
See https://www.gov.uk/advanced-learning-loans for more details.