We understand that financial matters are an important consideration for our students and that everyone’s circumstances are different.
We believe that financial constraints alone should never be enough to prevent a student from studying and so we will work with you to find out what support you may be entitled to and help you to access any funding available.
Advanced Learner Loan (19+)
An Advanced Learner Loan can cover the financial costs of training and you don’t need to start repayments until you earn over £25,000. The Advanced Learner Loan is provided by the government and is not means tested, subject to any credit checks and does not take your current employment status into account.
Eligibility: You can usually apply for an Advanced Learner Loan if you are:
- Aged 19+ on the first day of the course
- Enrolling on an eligible course at Level 3, 4, 5 or 6
- A resident living in the UK, have been living in the UK for 3 years, are a UK national or have ‘settled status’.
Apply: The first step is to check with the college that the course you are applying for is eligible for the Advanced Learner Loan. You can then apply for the course and the college will issue you with a Learning and Funding Information letter, along with your offer of a place. You’ll then need to register and apply online via gov.uk.
The loan: The loan will be deducted automatically through the tax system once you are earning over £25,000. The amount you repay will depend on how much you earn, for example:
- If you earn £27,000 per year, your monthly repayments will be £15 a month
- If you earn £30,000 per year, your monthly repayments will be £37 a month
You can also borrow a proportion of the course cost and pay for the rest yourself. The minimum loan amount is £300.
If you are applying for a Higher Education course e.g. foundation degree or top-up degree, you will need to apply for a loan via Student Finance England
If you progress from an Access to HE course to complete a Higher Education Degree, the outstanding Advanced Learner Loan will be written off.
The Learning Support Grant
The Learning Support Grant is the name we have given to our discretionary learner support scheme and is administered by the college.
This grant can provide you with:
- help with travel costs
- help with equipment, books or resources costs
- contribution towards childcare costs
- help to pay UCAS admin fees
- contribution towards enrichment activities linked to your course.
You can apply online (via online portal) for the Learning Support Grant. We have tried to make applying as simple as possible, but it will involve filling in online forms, providing evidence and telling us about your financial situation. We will then make an assessment based on your personal circumstances.
The Learning Support Grant may still be available to successful applicants of the 19+ Advanced Learning Loan if the total household income is below £32,000.
Student Finance for Higher Education (18+)
If you're planning on studying a university level course with us, there may be funding available to help you with course fees and living costs. Funding is administered by the government through Student Finance England. Read more about funding your Higher Education course.
If you are facing financial difficulties that mean you may have trouble paying for your transport to college, please contact Student Services for information on any assistance that may be available to you.
Residential Bursaries (Brinsbury)
We offer bursaries to full-time students taking land-based courses at our Brinsbury campus who live beyond a normal, daily traveling distance. The bursary is for accommodation costs or for travel costs, if the student wishes to stay at home. The bursary can be up to £94 a week for students living away from home. The bursary is means tested, so the amount you receive will depend on your family's income. Applications for bursaries are made direct to the college, please speak to the Student Finance team for more information.
Money Advice Service
Before taking on any loan, it is important to consider your financial circumstances. For more information, please visit the Money Advice Service website.