1. Overview

You can apply for a 24+ Advanced Learning Loan to help with the costs of a college or training course if you’re 24 or older.

The course must have started on or after 1 August 2013 and be an eligible Level 3 or 4 course, eg A Levels.

Loans have to be paid back. Repayments don’t start until April 2016 and you won’t have to pay anything back until you earn more than £21,000 a year.

The loan doesn’t depend on your income and there are no credit checks. You can get independent money advice from the Money Advice Service.

Bursary Fund

You may also be eligible for money from the 24+ Advanced Learning Loan Bursary Fund if you need help with your learning or living costs, eg childcare or accommodation expenses.

You need to apply to your college or training provider directly for the Bursary Fund. You can apply as soon as you’ve received a letter confirming your 24+ Advanced Learning Loan.

In most cases you don’t have to pay back money from the Bursary Fund.