19+ Advanced Learner Loans

24+ Advanced Learner loans have been available since 2013 for any learner over the age of 24, wishing to study a qualification at level 3 or 4.

From August 2016, this all changes!

From the academic year 2016/17, the Department for Business Innovation and Skills are expanding Advanced Learner Loans to include those aged 19 – 23 years old and those studying at level 5 and level 6.

Is the 19+ Learner Loan for you?

The 19+ Advanced Learner Loan is easy to apply for and is not dependent on your household income. To be eligible to apply for it, you need to:
  • Be aged 19 or over at the start of your course
  • Start your course on or after 1 August 2016
  • Have lived in the UK, the Channel Islands or the Isle of Man for three years immediately before the start of your course
  • Study an eligible course at Level 3 and above at an approved training provider in England

Repaying the loan

You won’t start paying your 19+ Advanced Learner Loan until you earn over £21,000 a year.
Repayments are calculated on the basis of how much you earn. You pay 9% of the money you earn over £21,000, before tax. This means someone earning £22,000 a year would be repaying £7 a month. Someone earning £35,000 a year would repay £105 a month.  Your loan is subject to interest, charged on a sliding scale depending on how much you earn.
Here are other important things to consider:
  • If you are aged 19-23 and this is your first full Level 3 course, you will not have to pay for the cost of your course.
  • If you complete an eligible Access to higher education course followed by a higher education course, you will no longer need to repay the original 19+ Advanced Learner loan you took for the Access to HE course.