Advanced Learner Loan


Repayments start the April after you complete or withdraw from your course.

You pay back your loan (plus interest) when you finish your course and earn more than £25,725 a year. Your repayments will stop if your income drops below £25,725 a year.

Your annual repayment amount will be 9% of any income you earn over £25,725.

Your monthly repayments would be:

  • £9 a month - if you earned £27,000 a year
  • £32 a month - if you earned £30,000 a year

You can make voluntary repayments if you want to pay off your loan more quickly.

Use the Money Advice Service to work out the cost of borrowing.


You pay interest from the time your first payment is made until you pay your loan back in full.

Income Interest rate
While you’re studying and until the April after you leave the course Rate of inflation (Retail Price Index) plus 3%
£25,725 or less Rate of inflation
£25,725 to £46,305 Rate of inflation plus up to 3%
£46,305 and over Rate of inflation plus 3%

Making repayments

Your employer will work out your repayments and take them out of your salary with your tax.

If you’re self employed, you make repayments as part of your Self Assessment tax return.

You can pay some or all of your loan at any time without an extra charge.

Leave or change your course

You’ll have to pay back any money that’s been paid to your college or training provider (plus interest) if you leave or change your course after 2 weeks or more.

The interest rate will be the rate of inflation.

Speak to your college or training provider to see if they can transfer the loan to another course.

Access to Higher Education (HE) course

Student Finance England will ‘write off’ any outstanding Advanced Learner Loan balances you owe for an Access to HE course once you complete a higher education course. This means you do not have to repay it.

The higher education course must be eligible for student finance.