A A A

01702 831170

info@londonpc.org.uk

A A A

01702 831170

info@londonpc.org.uk

FEES AND FUNDING

You will pay for your chosen programme of study while you register with us. However, payment options are quite flexible. You can choose to self-fund or with a tuition fee loan, a credit or debit card or via bank transfer.

If you live in the UK, you may be able to borrow money to help pay for college tuition fees.

Advanced Learner Loan

If you are over 19, you might be entitled to support while you learn.You canapply for an Advanced Learner Loan to help with the costs of a course at a college or training provider in England. Loan eligibility does not depend on your income and there are no credit checks.

Eligibility

Whether you qualify for an Advanced Learner Loan depends on your course, college or training provider, age, nationality or residency status.

If you started the course on or after 2016, you must be 19 or older on the first day of your course. The course must be a Level 3, 4, 5 or 6 qualification.

Repayments

Repayments start the April after you complete or withdraw from your course.

You pay back your loan plus interest when you finish your course and earn more than £25,000 a year. Your repayments will stop if your income drops below £25,000 a year.

Your annual repayment amount will be 9% of any income you earn over £25,000. You can make voluntary repayments if you want to pay off your loan more quickly.

Example

Your monthly repayments would be:

  • £15 a month - if you earned £27,000 a year
  • £37 a month - if you earned £30,000 a year

Your employer will work out your repayments and take them out of your salary with your tax.

If you’re self-employed, you make repayments as part of your Self-Assessment tax return.

You can pay some or all of your loan at any time without an extra charge.

For detailed information on the Advanced Learner Loan,please visit the government website

https://www.gov.uk/advanced-learner-loan

To apply for an advanced learner loan, please visit the government website

https://www.gov.uk/advanced-learner- loan/how-to-apply

Open