24 Plus Advanced Learning Loan from Wigan & Leigh College

Invest inYour Future

Are you aged 24+and want tostudy a Level 3 or 4programme?

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Finding the money to pay for a Level 3 or 4 course can be made easy with a 24+ AdvancedLearning Loan.If you are aged 24 or over, Level 3 and 4 courses are no longer

subsidised by the Government. The 24+ Advanced Learning Loan

will cover the full course fee for Level 3 and 4 courses for the

duration of your course.

It’s easy to applyYour household income isn’t taken into account

There’s no credit check

You won’t have to pay anything back until your annual income is over £21,000

Most learners aged 24 or over who apply will qualifyfor these loans from the UK government

Choosing to study at Level 3 or 4 can enhance yourprofessional development and improve your careerprospects. Gaining new skills and knowledge is aninvestment in your future.

This loan is only available to students on eligible courses at an approved institution such as Wigan &Leigh College which include:

Access to Higher Education Diploma

Level 3 BTEC or NVQ Certificate course

Level 3 BTEC or NVQ Diploma course

Level 4 Certificate

Level 4 Diploma

visit www.wigan-leigh.ac.uk call 01942 7611111

Invest in your future


Access to Higher EducationDiploma CoursesIf you decide to get a loan to cover the tuition fees on an

Access to HE Diploma and then go on to complete a Higher

Education course e.g. a Foundation Degree or a Degree,

you won’t have to repay the loan for the Access Course.

The Access to Higher Education

courses currently available are:

Access to HealthAccess to SportAccess to ScienceAccess to Teacher Education*

*Subject to approval.

You will need a GCSE grade C or

above in English or Maths. Please

contact the Admissions Team

for further information.Janine Fletcher

FORMER SCHOOL: Hawkley Hall High School

CENTRE: Parson’s WalkCentre - Wigan

COURSE: Access to Higher Education (Health)

PROGRESSION: Janine isnow at Edge Hill Universitystudying to be a Paramedic



Course tuition feesThe tuition fee for your course is set by the College.

The cost will be confirmed before you enrol.

The amount of loan you can get depends on yourcourse, the tuition fees charged by the Collegeand maximum amounts set by the Government.

The minimum loan amount is £300.

You can take out a loan for the maximum amountto cover your tuition fee or you can pay all or partof the tuition fee yourself.

Student Finance England (SFE) will pay youragreed tuition fees to the College once they haveconfirmed your attendance on the course.

“Sport has alwaysbeen a passion ofmine. The 24+ loanhas given me theopportunity to get the qualifications Ineeded to become a Sports Coach.”

The Bursary FundExtra help is available to support eligible studentsthrough the 24+ Advanced Learning Loan Bursary.This fund can help those with learning difficulties ordisabilities and costs like childcare and travel for students facing financial hardship.

Further information about this bursary includingeligibility criteria can be found on the College website www.wigan-leigh.ac.uk /24-advanced-learning-loan


The FactsWho is eligible for a 24+ Advanced Learning Loan?

To be eligible for a loan, a learner must meet the following criteria:

l Aged 24 or over at the start of your course

l Living in the UK on the first day of your course and have lived in the UK, the Channel Islands or the Isle of Man for three years immediately before this

l Enrolling on an eligible course at Level 3 or above which includes: Access to HE Diplomas and other Diplomas and Certificate

l European Union (EU) students who meet the residency criteria will be eligible to apply for a loan

How do I Apply?

Once you have enrolled onto your course you will be given an offerletter by the College. The letter will contain all the information youneed to apply for your 24+ Advanced Learning Loan.

You apply directly to Student Finance England online or downloadan application form. Student Finance will assess your eligibility. Online loan applications are open from 5th May 2015 for coursesstarting after 1st August 2015.www.gov.uk/advanced-learning-loans

When your application has been approved and you have attendedyour course for two weeks, the loan amount will be paid directly to the College.

Can I apply for more than one loan?

Once you’ve completed your course, you’ll be eligible for more 24+ Advanced Learning Loans (up to a total of four loans) to helpyou progress in your studies.


The Facts

If my course lasts for more than one year do I need to reapply each year?No. Your loan application will last for the duration of your course,even when that course lasts for more than one year.

What happens if I changed my mind before I start my course?If you no longer wish to undertake your course or you don't want totake a loan for the course then you can simply contact StudentFinance England. Student Finance England will be able to cancelyour loan application, and you won't have any loan to repay.

Will I have to repay the full loan amount if I leave part of the way through the course?No. Your loan will be paid to the College in line with your attendanceon the course. When you stop attending, payments will stop andyou’ll only be liable to repay the amount (including any interestaccrued on that amount) that’s already been paid to the College.

If I leave my course part way through will I be required to pay the remainder of the fee to my College even if my loan payments have stopped?Before you enrol on the course you’ll need to enter into anagreement with the College. This agreement will include the tuitionfee being charged and what you will be required to pay if you don’t complete your course.


“The loan helped me to get thequalification I neededto go to University tostudy to be a Midwife,I now have the careerI always wanted”Access to Health Student


RepaymentRepaying your 24+ Advanced Learning

Loan is straightforward.

l You'll only start making repayments when your income is morethan £404 per week, £1,750 per month or £21,000 per year.

l You'll only pay back 9% of any income above £21,000 a year, see the table below for examples of what you'll repay:

Income each year before tax Monthly salary Monthly repayment

Up to £21,000 £1,750 £0

£22,000 £1,833 £7

£25,000 £2,083 £30

£30,000 £2,500 £67

£35,000 £2,917 £105

£40,000 £3,333 £142

Student Loans Company

l If you’re self-employed you’ll be responsible for making student loan repayments as part of your annual self-assessment tax return.

l If you’re employed, you don’t need to do anything. Your employer will take your repayments directly off your salary as they do with tax and national insurance contributions.

l If you stop working, your repayments will stop and only start again when your income is more than £21,000 a year.

l You’ll be due to start repaying your loan in the April after you leaveor finish your course – whichever comes first.

l Any loan remaining 30 years after you’re due to start making repayments will be wiped.


Am I makingthe right choice?It’s important you consider your own circumstances and look

into all options for paying for your course before choosing to

take out a loan. You can get independent financial advice

from the Money Advice Service at:

www.moneyadviceservice.org.uk

Where can I get more information?For professional financial advice or more information about

student loans contact:

www.direct.gov.uk/advancedlearningloans

www.moneyadviceservice.org.uk

www.nationalcareersservice.direct.gov.uk

For course information contact:

Tel: 01942 761111

www.wigan-leigh.ac.uk

wiganleighcollege

@wiganleighcol

The information contained in this publication should be read as guidance only and

is not designed to make recommendations on an individual’s financial situation.

Wigan & Leigh College endeavours to ensure that information provided in this

publication is accurate at the time of going to press.


24 Plus Advanced Learning Loan from Wigan & Leigh College

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