Advanced Learner Loans

Aged 19 or over and thinking about further education?

An Advanced Learner Loan helps with the costs of further education courses. Learners aged 19 and over and studying an approved learning aim at Levels 3, 4, 5 or 6 at an approved provider in England can apply for an Advanced Learner Loan.

Eligibility for the loan doesn’t depend on a learner’s income and there’s no credit checks. Interest is charged from the date the first payment is made to the learning provider. The Advanced Learner loan, plus any interest, has to be paid back but not until the learner has finished or left their course and their income is over the repayment threshold.

 

Key Facts

  • Monthly repayments are based on how much you earn, not the amount that you’ve borrowed.
  • The amount of money you can borrow depends on your course. The minimum amount you can borrow is £300.
  • Repayments start the April after you complete or withdraw from your course.
  • You only need to start paying back your Advanced Learner Loan when you are earning more than £25,000 per year. You pay back 9% of the money you earn over £25,000.
  • You can make voluntary repayments at any time.
  • You’ll be charged interest at the Retail Price Index (RPI) + 3% while you complete your course and for one month after you leave your college or training provider. After that interest is linked to your earnings.
  • Any outstanding balance is automatically written off 30 years after your scheduled qualification end date.

 

Eligibility

To be eligible for an Advanced Learner Loan at the FRA, you must be:

  • Aged 19 or older on the first day of your course.
  • Currently living in the UK and have been living in the UK three years before starting your course.
  • A UK citizen or have a ‘settled status’. This means there are no limits on how long you can stay in the UK.
  • Enrolled on a Level 3 or 4 diploma.

Please note: 

Eligibility rules for EU, other EEA and Swiss nationals, and their family members, who wish to commence courses in England in the Academic Year starting in August 2021 are changing.

EU, other EEA and Swiss nationals will no longer be eligible for home fee status, undergraduate, postgraduate and advanced learner financial support from Student Finance England for courses starting in academic year 2021/22.

This change will also apply to Further Education funding for those aged 19+, and funding for apprenticeships.

It will not affect students starting courses in academic year 2020/21, nor those EU, other EEA and Swiss nationals benefitting from Citizens’ Rights under the EU Withdrawal Agreement, EEA EFTA Separation Agreement or Swiss Citizens’ Rights Agreement respectively.

It will also not apply to Irish nationals living in the UK or Ireland whose right to study and to access benefits and services will be preserved on a reciprocal basis for UK and Irish nationals under the Common Travel Area arrangement

Eligibility Checker Tool

FAQ's

 

How to apply

You can apply for an Advanced Learner Loan online once you've got a place on an eligible course. We will send you a learning and funding information letter, which contains the information you will need to complete your loan application.

 

Find out more

For more information on loans and to apply, visit Gov.Uk or email bursaryandloans@fra.ac.uk.

For information and advice on learning, career and funding options, visit the National Careers Services website.

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