The amount available to a learner depends on:
- the course being studied
- the fees charged by the learning provider
- the maximum amounts set by the UK Government
The learner can choose the amount they want to borrow up to the maximum available to them - this is then put towards the fees charged by the learning provider.
The minimum loan amount a student can borrow is £300.
Learning providers may charge more than the maximum loan available, and the learner will have been made aware of this. Learners are required to self-fund any difference between their Advanced Learner Loans and their course fee, which must be arranged with their learning provider.
Number of loans a student can get
Students can normally apply for up to 4 loans and they can get more than one at the same time.
The student can apply for another loan to take the same level of a course, for example the same level qualification in History if they’ve already had a loan for the same level in Maths.
The student can only apply once for an Access to Higher Education course.
If their course starts before 1 August 2016
The student can apply for up to 4 loans but they can only get one loan at a time. The student would have to be over the age of 24 and studying level 3, 4, Access to HE or A Levels.
The student can’t apply for another loan to take the same level of a course, for example the same level qualification in French if they’ve already had a loan for the same level in Italian.
Students can apply for a loan to fund each course they take towards their A Levels - up to a maximum of 4 A Levels.
This means they can have up to 8 loans if they’re taking each A Level as 2 separate courses.
The courses must be in the same subject to qualify for a full A Level.
They can get 3 more loans for non A Level courses either before or after their course of A Levels.
Advanced Learner Loan Bursary fund
Students can also apply to get money from the Loan Bursary Fund after they’ve received a letter approving their Advanced Learner Loan.
The money can help pay for things like:
- accommodation and travel
- course materials and equipment
- classroom assistance for a disability or learning difficulty - once the student is assessed by their college or training provider