Tutor Training: STARTING DATES: 29 SEPTEMBER (Neasden)
20 OCTOBER (Croydon)
What you will Achieve
(to equip those who wish to enter the teaching profession, expand their knowledge base and pass on their experience to anybody wishing to pursue their careers)
What you will Learn
The course is funded by the 24+ Advanced Learning Loan
You won’t have to pay anything back until your income is over £21,000 per year.
The course is open to those that are both employed and unemployed over the age of 24 years, a UK National or Resident (for 3 or more years).
24+ Learning Loans:
Student loans for adults in further education and training:
We've all heard about student loans in higher education. Now they are available for some adult learners in further education and training in England.
What are 24+ Advanced Learning Loans?
24+ Advanced Learning Loans have replaced government grants for some adult learners. They are an option for people aged 24 and over to fund their course fees upfront at Level 3 and Level 4 in approved colleges and training providers in England.
If you are under 24 or wish to gain a more basic qualification:
You are not eligible for a 24+ Adult Learning Loan if you are under the age of 24 or aged 24 and over seeking your first basic skills qualification. If you are in this category, your learning will continue to be grant funded.
Combining study loans:
You can take out a 24+ Advanced Learning Loan and then a student loan for higher education. Your loans will be rolled into one and only one monthly repayment will be made. If you progress to higher education after taking out a loan for an Access to HE diploma course, your 24+ Advanced Learning Loan balance will be written off, on completion of your HE course.
What about the repayments?
24+ Advanced Learning Loans are no different from any other form of borrowing – you have to meet the repayment conditions. Monthly repayments through the Student Loans Company will be a fixed proportion of your income, which start once you are earning over £21,000. Any balance outstanding is written off after 30 years. Repayments through the tax system won’t begin until 2016, but you have the right to make payments or to pay back your loan in full at any time before then without incurring penalties. You will need to contact the Student Loans Company to arrange repayment before 2016.
Example of repayment amounts from 2016:
Monthly repayments are based on how much you earn, not how much you borrowed. They are set at 9% of your income above £21,000.
Interest on your repayments:
Like student loans for higher education, and any other loan, your 24+ Advanced Learning Loans will be subject to interest charges. These are linked to inflation and offer low real
rates of interest.
Interest will be charged at the Retail Price Index (RPI) + 3% during the period of study, and up until the April after a learner leaves their course. From this point, interest is linked to earnings and will be:
Where to find more advice and support as an adult learner:
Speak directly to your approved college or training provider in England about 24+ Advanced Learning Loans. It is also worth checking with them if there are any non-repayable
bursaries and grants available to help with additional costs related to learning, such as travel expenses and childcare.
More broadly, you can find advice and guidance on your career from: