Advanced Learning Loans
Do you need support moving onto the next level of study? Do you want to get a job but you can't afford the next stage of training? Do you want to learn from outstanding tutors?
ELATT
The Learning Community
With many entry-level jobs in London now requiring Level 3 and above it's now essential that you have the edge to stand out of the crowd. And why not learn from our industry-savvy tutors here at ELATT? Advanced Learning Loans are a government initiative and are available to all learners over 19 years old...
Advanced Learning Loans for 19-23 year olds:
Suitable if you've achieved a full Level 3 qualification and want to study at the next level (or study another qualification at Level 3).
Advanced Learning Loans for ages 24 and above:
Suitable if you need support funding your Level 3 and 4 qualification.
Why ELATT?
ELATT is a learning community – made up of a dynamic group of people. From tutors and partners, to students, volunteers and supporters, we are constantly evolving so we can improve the lives of others. Our community is supportive, diverse, and welcoming. So, why take up the loan with us?
Student Loans Company
The Student Loans Company fund the Advanced Learning Loans. Loans are not means tested or subject to credit checks. You can apply whether you are in employment or receiving Job Seekers Allowance (JSA) or Employment Support Allowance (ESA). What's more, you won’t have to pay anything back until you’re earning over £25,000 a year.
What kind of job can I get after level 3?
Our learners are ambitious, motivated and determined. As a result of achieving their qualification students have secured jobs such as web design assistant, junior developer, IT support assistant, digital content assistant and office support coordinator.
How does it work?
The loan is paid directly to ELATT. We can help you with your application and answer any questions you may have about applying.
Advanced Learning Loans are a Government initiative to support students who are 19-23 who have achieved a Level a full 3 qualification and want to study at the next level (or study another qualification at Level 3). They are also available for students who are 24 years old or above and need support with funding their Level 3 and 4 qualification.
You can apply online through the Government portal. To qualify you must meet the following criteria:
- You're aged 19 (or over) at the start of your course and want to study at Level 3 or above.
- You're 24 years or above and want to study at any level * You're a resident in the UK for 3 years prior to the start of the course.
- You're enrolling on a publicly funded course at Level 3 or 4 * Your course is at an approved college or training provider in England (eg. ELATT).
Is there any additional support?
There is also a discretionary bursary available if you successfully enroll as an ELATT student and take out a loan. Please note to receive this bursary you will be means tested and subject to an eligibility test.
What's more, as ELATT is a charity we don't need to charge you VAT – so when you study with us you're already saving 20% on the prices of other private training providers.
As part of this opportunity, you will also benefit from the following:
- One on one CV interview mentoring 1:1
- Complimentary monthly travel pass (subject to normal distance-to-class rules)
- Childcare support paid in full
- You'll receive extra resources, including books and extra class support
- Interview clothes supplied
- Laptop (based on eligibility)
- Industry recognised professional Adobe and Microsoft accreditation
- Software supplied for home use (including an one year license)
How and when will I pay back the loan?
You’ll start repaying your loan in the April after you complete or leave your course. HM Revenue and Customs collect loan repayments from employers through the UK tax system.
You can make voluntary repayments at any time in order to pay off your loans more quickly. You’ll only start making repayments when your income is over £25,000 a year. However, if your income falls below £25,000, repayments will stop and only re-start when your income is over £25,000.
If you’re employed, your employer will take your repayments directly from your salary. If you’re self-employed, you’ll make repayments as part of your annual self-assessment tax return. If you move/work overseas you will repay 9% of your earnings over the repayment threshold for the country you are living in.