Are you a small business owner interested in taking on a school leaver Apprentice? Here is everything you need to know about the new incentive payments that may be available to you.
Can I get help with my course fee?
Some courses are free for eligible learners, this is shown in the course details. You may be eligible for a free course if you are:
- Unemployed and in receipt of an income-based benefit (for
example JSA, ESA or Universal Credit) - Employed and earning less than the low-income threshold
- Studying for your first full Level 2 qualification on an eligible legal
entitlement course - Aged 19-23 and studying for your first full Level 3 qualification or on an
eligible legal entitlement course - Your eligibility for a free course will be assessed and confirmed at enrolment.
If you would like to discuss any aspect of fees and funding, please call the Funding Team on 0161 280 8581
Advanced Learner Loan
Many of our adult learners (age 19+) pay for their Level 3 and above courses with an Advanced Learner Loan.
If a loan is available this is indicated in the course details. It’s easy to apply, your household income isn’t considered and there are no credit checks.
You only need to start paying back your Advanced Learner Loan when you are earning more than £25,000 per year. You pay back 9% of the money you earn over £25,000. Loan repayments are linked to what you earn when you've finished your course, not how much you borrowed. If you're employed, loan repayments will be taken directly from your salary through the tax system. You can also make voluntary payments at any time.
The amount of money you can borrow depends on your course. The minimum amount you can borrow is £300.
Before taking out any loan, you should consider all of your options. For impartial advice on managing your finances, click here.
For more information, click here or contact 0161 280 8581/funding@burycollege.ac.uk
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