Funding Your Diploma
There are a number of ways to fund your diploma with Learn Plus Us. You can pay commercially for your course in one lump sum. You can also take advantage of our 0% interest payment plans by paying in instalments over 12 months. You will not be charged any interest if you choose to pay via our instalment plans but you will pay VAT. The third option is to pay using an Advanced Learner Loan which is explained below. Advanced Learner Loans are government loans and they are interest bearing. You will not need to pay back your loan until you are earning above the annual threshold.
Advanced Learner Loans
Individuals aged 19 and over can apply for an Advanced Learner Loan to help with the costs of a diploma at Learn Plus Us. The
UK government introduced these loans to support learners aged 19 and over studying advanced and higher-level courses.
Loan eligibility does not depend on your income and there are no credit checks. Student loans are available for those who intend to study a course at Level 3 or above, including Access to Higher Education, Apprenticeships and Diplomas.
Not everyone is eligible for an Advanced Learner Loan, you can check the eligibility requirements via the government website.
You will not have to start paying back your loan until you are earning above the yearly threshold which can be found at the link below, but please keep in mind that Advanced Learner Loans are interest bearing and therefore your repayment amount will be greater than the initial course fees.
Get in touch with a member of our team to discuss your requirements or to find out more about Advanced Learner Loans.