The amount available depends on:
- the course
- the fees charged by the learning provider
The learner can choose the amount they want to borrow up to the maximum available. This is then put towards the fees charged by the learning provider. The minimum they can borrow is £300.
Learning providers may charge more than the maximum loan available. The learner will need to self-fund any difference between their loan and their course fee.
Number of loans a learner can get
Courses starting from 1 August 2016
Learners can normally apply for up to 4 loans and they can get more than one at the same time. They 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.
Courses starting before 1 August 2016
The learner can apply for up to 4 loans but they can only get one loan at a time. They would have to be over the age of 24 and studying level 3, 4, Access to HE or A Levels.
The learner 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.
Learners 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
Learners 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 such as:
- accommodation and travel
- course materials and equipment
- classroom assistance for a disability or learning difficulty