Qualify Now, Pay Later

Qualify Now, Pay Later

With a 24+ Advanced Learning Loan

Are you an adult who wants to get back into learning? It might be to improve your career prospects, re-train, learn a new skill or even just for fun.

If you’re a UK resident* aged 24 or over and want to start a Level 3 or Level 4 course you may qualify for one of these loans.

You don’t even have to pay back a penny until you’re earning over £21,000 a year!

It’s really easy to apply online for the loan, your household income isn’t taken into account and there’s no credit check. There are no upfront costs and the loan will cover all tuition and exam fees for your course.

Repayment

Repaying your 24+ Advanced Learning Loan is simple:

  • First of all you only start paying back your loan after you start earning £21,000 a year (£1,750 a month or £404 per week)
  • Your monthly repayments will be based on your income, not your loan amount. For example if you earn £22,000 per year your monthly repayment will only be £7 a month!

Case Study

Sam needs his Level 3 AAT Diploma in Accounting to go for a promotion at work. He didn’t want to pay for the full cost of the course upfront so he looked into taking out a 24+ Advanced Learning Loan. He found that when he started earning his new salary of £25,000 a year (that he would get for completing his qualification), he’d only have to pay back £30 a month – the same as he spends on coffees every month!

Want to Find Out More?

You can find more information, along with Frequently Asked Questions at:

www.gov.uk/advanced-learning-loans

Alternatively you can speak to one of our Student Services Team who are based at our Main Campus, Infirmary Road. Call them on 01246 500 535 or email: guidanceteam@chesterfield.ac.uk

 *Subject to further terms and conditions

** Chesterfield College are not regulated by the FSA to give financial advice. Individuals should seek appropriate advice from an independent source such as www.moneyadviceservice.org.uk