Advanced Learning Loans provide funding for individuals over 24 to pursue further education courses at Level 3 and 4 without having to pay course fees upfront. Repayments do not start until annual income exceeds £21,000 and are only 9% of income earned over this threshold. Any outstanding loan balance is written off after 30 years. The loan application process is straightforward with no credit check or means-testing required.

2. 24+ Advanced Learning Loans
Key Messages
Further education at Level 3 and above gives you the skills and
knowledge that would aid in your personal development, increase
your potential, and gives you the qualifications you need to progress in
work and life.
It also provides evidence of your skills and knowledge to potential
employers and improves your chances of getting the job that you want.
For further information
www.advanced-learning-loans.co.uk

3. For further information
www.advanced-learning-loans.co.uk
For first time applicants, the 24+ advanced learning loan entitlement
covers your course fees – if you are studying or training at Level 3 or 4,
and are over 24 years of age.
The Advanced Learning Loan availability means that you can improve
your knowledge and skills without needing to pay the course fees
upfront.
GOOD NEWS
Repayments dont start
until April 2016 and
you wont have to pay
anything back until
you earn more than
£21,000 a year.

4. Your monthly repayment will be 9% of your wages above £21,000
Annual income (before tax) Repayment amount
Up to £21,000 £0 a month
£22,000 £7 a month
£25,000 £30 a month
£30,000 £67 a month
If your income falls below £21,000 (perhaps because of a career
break or due to unemployment) your Loan repayments will stop
automatically and will only start again when you are earning over
£21,000 once more.
Your Loan (or what’s left of it) will be written off: after 30 years; on
your retirement; at death (it doesn’t get passed on to relatives).
If you take out an Advanced Learning Loan to study an Access to
Higher Education Diploma course, it will be written off once you
complete, the subsequent Higher Education Course.
Interest on the Advanced Learning Loan will be lower than for a loan
from a bank
For further information
www.advanced-learning-loans.co.uk

5. The Loan application process is straightforward.
There is no means-testing or credit-rating check and, once your Loan
application is approved, you won’t need to do anything else to pay the
course fee or to arrange repayment later. It is all organised for you
Want to know more about Advanced Learning Loans?
Visit:
www.advanced-learning-loans.co.uk/
Contact:
Telephone: 0121 707 0550
Email: info@pathwaygroup.co.uk
For further information
www.advanced-learning-loans.co.uk