The process is , there is no credit rating check and once youve applied for the loan you dont need to do anything to pay the course fee, or to organise repayments as it is all done for you. You can apply for a loan from the Student Loan Company from April 2013.
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You can get a loan to cover the cost of your course, which means you do24+ Advanced Learning Loans, adult learning loansnt pay anything up front for your course fees,adult learning manchester Ep 1425 Buzz Out Loud does SXSW. and you dont have to pay anything back until youre earning over 21,000 a year.
If youre over 24 years of age, you can apply for a 24+ Advanced Learning Loan for courses starting from September 2013, and will help you to cover any fees for a Further Education course.
Its easy to apply
Repaying the loan
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The amount you pay back each month depends on your income and not how much your course costs. Once you earn over 21,000 a year, you would pay 9% of your income over 21,000.
Minimum salary level: 21,000
Important information for current and former students on Access to Higher Education courses.If you are given an FE loan to cover the cost of your Access to Higher Education course and then you progress to successfully complete your degree,All You Need To Learn About Cemap Courses.online education. the Government will write off the loan that covered your Access course.
Weekly repayment: 6.92
Salary on which loan repayment calculated: 4,000
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Interest rate: 9%
If you want more information just email .uk or call us 01202 .
Salary: 25,000
You are eligible for a loan so long as you apply to study a Level 3 (equivalent to A Levels or NVQ level 3) or Level 4 (includes Higher National Certificates/ Diplomas and Foundation Degrees) course. Have a look at our Guide to Qualifications for more information.
If for any reason your income lls below 21,000 perhaps due to a career break or unemployment your repayments are automatically suspended. They will only start again when you earn over 21, education fund000 a year.
Heres an example to make things a bit clearer:
