Learning Loans

19+ Advanced Learning Loans

You may be entitled to an ‘Advanced Learning Loan’ to cover your course fees if you are studying or training at Level 3 or 4, and are aged 19 or above.

Am I eligible to receive a 19+ Advanced Learning Loan?

To be eligible you need to be :

  • Aged 19 or over on the first day of your course
  • Starting your course on or after 1 August 2016
  • 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 a minimum three years.
  • Studying an eligible course at an approved college or training organisation in England.
  • Enrolling on an eligible course at level 3 and above.

Advanced learning Loans - FAQs

Advanced Learning Loan Bursary

Those learners who have evidence of an approved Advanced Learning Loan may be eligible for a bursary for financial/child care support from the Advanced Learning Loans Fund. Please contact our Admin & Recruitment Team for further support.

How do I apply?

You can apply for a loan for courses starting form the 1 August 2016. You'll be able to apply online or download an application form. Further guidance on how to apply can be found at

Once you are offered a place at Millennium Academy on an eligible course, you will be sent an offer letter (also called Learning and Funding Information Letter) which has all the information you will need to make a loan application. You can download an application or complete it online on . You will submit this to Student Finance England.

If you need help, please contact our Admin & Recruitment Team on or telephone 020 8591 8638.

When do I apply?

You can apply for a loan from April 2016 for courses starting from 1 August 2016. The Advanced Learning Loans are administered by Student Finance England (SFE).

The website for applications for the Advanced Learning Loans is currently open for applications. From here you can apply online and download key information regarding the loans process, payments etc.

What information do I need to provide when applying for a loan?

You will need to provide details of the:

  • The course you wish to study (including Learning Aim Reference).
  • The name of the College or Training Provider where you wish to study.
  • The tuition fee you are being charged.
  • The amount of loan you wish to take out.

All of this information can be found on the offer letter you received from the College or Training Provider. In addition, you will be required to provide your personal details, including name and address and evidence to proof of your identity.

If you have not been made an offer to study at the College or Training Provider, you will not be able to apply for a loan.

How much loan can I apply for?

There is a maximum amount of loan available to you based on the type of qualification you are studying and its fee. This amount can be found in the offer letter you received from the college or training provider. You can apply for a loan for the maximum amount to cover your tuition fees or you can pay all or part of the tuition fees yourself.

Does getting a loan depend on my income or credit history?

No. Your income and credit score is not part of the application.

Is there an upper age limit to apply for the loan?

No. There is no upper age limit.

I am an European Union (EU) student, am I eligible for a loan?

If you are not a UK national, you will need to provide evidence of your status to Student Finance England for example passport and documentary proof of eligibility and residency inside the UK. You will also need to provide a valid National Insurance (NI) number in order for the loan to be paid to the College or Training Provider on your behalf.

When do I pay back the loan?

You will not have to make any repayments until your income is over £21,000 a year. In addition, students who progress from an Access to Higher Education Diploma course to complete a Higher Education Degree can have their outstanding Advanced Learning Loan for the Access course written off.

What are the repayment rates?

The monthly repayment would depend upon salary after completing your course. You will pay 9% of any income over £21,000 a year.

Can I apply for an Advanced Learning Loan if I am under 19 years of age?

No. The Advanced Learning Loan is only available to you if you are aged 19 or above and studying a Level 3 qualification. If you are under 19 years old you should contact our Admin and Recruitment Team to find out if you are eligible for alternative financial help for your studies.