Advanced Learner LoansFinancial support for training costs
Over 19? Get the qualifications you need to take your career to the next level
If you’re aged 19 or older and want to gain Level 3, 4 or 5 qualifications with HTP (except Apprenticeships), you can apply for an Advanced Learner Loan to cover the costs of some or all of the training.
The Main Facts
The money that you borrow will have to be paid back once you have completed or left the course. However, you won’t have to pay anything back until you earn more than £25,000 a year. Should your income fall below £25,000 (pro-rata) for any reason your loan repayments will stop automatically and will only start again when you are back earning over £25,000. Loans are repaid through the HMRC tax system.
- The Loan doesn’t depend on your income and there are no credit checks.
- The minimum Loan you can get is £300.
- You don’t have to borrow the full cost of your course – you can pay for some of it yourself or ask your employer to contribute.
- The Loan is paid directly to HTP Apprenticeship College by the Student Loan Company.
- Eligibility for an Advanced Learner Loan depends on your course, age and nationality or residency status.
How much you get depends on:
- the type of course
- the cost of the course
- the maximum Loan available for your course
HTP Apprenticeship College will give you all the information, advice and guidance you need to apply for a Loan. Simply contact our Business Development Team.
Once you have made your application you will receive a letter or email confirming your Loan usually within 2 weeks.
It worked for Leanne and Ally. It could for you too!
Leanne Harford @Liz Earle, Level 4 Business Administration: “The training has made a huge improvement to my skills and ability to lead a team. I would recommend using the Advanced Learner Loan to anyone who wants to progress their career.”
Ally Shaw @Liz Earle, Level 4 Business Administration: “The loan process was really quick and easy as it was all done online. HTP were very supportive in helping me achieve the qualification.”
Immediate vacancies available
We have many Apprenticeship opportunities available across the South and IOW right now in all types of businesses.
Call us now • IoW: 01983 533926 • Portsmouth: 02392 374752