This scheme has been set up to help adults in England who are aged 19 or over pay for the cost of a course at Levels 3, 4, 5 or 6. Loans are available for full-time and part-time study.
The amount of loan that you can get depends on the type of course, the course fees and the maximum loan that is available for your course. The minimum loan amount that you can apply for is £300. The money is paid direct to your college or training provider.
Your monthly repayment amount will be 9% of any income you earn over £25,725. However, you will not need to make any repayments if you earn less than £25,725 per year. Your employer will work out your repayments and take them out of your salary with your tax.
You must meet the following criteria to be eligible to apply for the loan:
More information about the Advanced Learner Loan can be obtained from the Government information website.