Advanced Learner Loans
Advanced Learner Loans offer a means of a funding source, for your Level 3 or 4 qualifications. This includes both the Certificate and Diploma in Personal Training.
With an Advanced Learner Loan, the Government pay your course fees, then you start repaying them only when you are earning £21k+. Whilst earning under this amount you will simply not pay anything back (the loan is written off after 30 years).
To qualify you should be UK resident who is 19 years old or over.
Advanced Loan Key features:
- You don’t need credit checks to be eligible
- You don’t need to pay a deposit to get started
- Pay nothing back until you are earning £21k+ per year
- Stop repayments if your income ever drops below £21k
- Any remaining balance is written off after 30 years
Simply put, if you are or become a high earner (£21k+) then you start paying back what you owe – but if you don’t reach that salary then you don’t pay it back!
How much will I borrow?
This depends on the course you do. The amount borrowed will generally be higher the course fee on the website so please check with us first. For example the Level 3 Diploma in Fitness Instruction & Personal Training is £2401.67 (+VAT).
How much will I repay?
Once earning £21k+ you will repay 9% of the money you earn over and above £21,000.
For example if you earned:
£20,000 – you would repay nothing each month.
£22,000 – you would repay £7.50 each month
£24,000 – Would pay £22.50 each month
How do I apply?
You will first need to call us on 0345 017 8733 to determine your eligibility.
If you decide that you would like to proceed we will give you a “Qualification & Funding Letter” which contains all the information you need to apply.
We will also send you the link to the Government website where you will make your application (you will need your passport or birth certificate and your NI number for this). This usually takes just 10 minutes to complete!
Once approved you can start your course right away!
(Study Active offers Advanced Learner Loans in collaboration with partner organisations. As a result the awarding body may vary)