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The Advanced Learner Loan is a government-funded loan to help learners. It's easy to apply for, doesn’t take your household income into account and doesn’t involve a credit check.

Have you heard about the Advanced Learner Loan?

If you're aged 19 or over (24 or over if your course begins before 1 August 2016) and want to study A Levels, an Access to Higher Education Diploma, or a Level 3 to 6 (Level 3 or 4 only if your course begins before 1 August 2016) Vocational Qualification, you'll need to pay your college or training organisation for the cost of your course.

The Advanced Learner Loan is a government-funded loan to help learners. It's easy to apply for, doesn’t take your household income into account and doesn’t involve a credit check.

Here are some key facts about the loan:

  • Repayments are linked to what you earn and not how much you borrowed.
  • You only have to start making repayments when you’ve finished your course and you’re earning over £21,000 a year (which is £404 a week or £1,750 a month). Until then you don’t need to pay back anything, but you can make voluntary repayments at any time.
  • You pay 9% of the money you earn over £21,000, before tax. For example, if you earn £22,000 a year, your monthly repayment will be £7 a month; and if you earn £35,000 a year, it will be £105 per month.
  • Interest is charged on a sliding scale between the Retail Price Index (RPI) and RPI +3%, depending on how much you earn.

 

Find out more -

Before taking out any loan, you should consider all of your options. If you want advice on managing your finances, visit the Money Advice Service website for impartial advice.


Advanced Learner Loans are administered by Student Finance England (SFE).

Student Finance England is a Student Loans Company service, providing financial support to students on behalf of the UK Government.

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English and Maths Revision @ The Hub

Lowestoft College Nov 2016 (206)

From March 13th to the end of the academic year, we are running revision sessions – this includes English and Maths for GCSEs and Functional Skills. The aim will be to provide help on some of the areas of these subjects you are finding difficult, to practise exam papers under the guidance of specialist tutors and to give practical advice about revising in these subjects.

As a college, we are advising students to plan at least 2 hours of revision per week; attendance at these sessions can be a perfect way of keeping you on track to reach this goal.

Click the link below to see when these sessions will be taking place.

Good luck in your exams!

Maths and English Revision Workshops