Funding your study in England
If you are interested in studying for an iBSL qualification in England but aren’t sure if you can pay the course fees upfront, don’t worry, help may be at hand!
The first thing to do is ask your course provider, such as the college or agency – they will be able to guide you through the process.
There are some courses and learners who can apply for their course fees to be fully funded by the government. This means your course costs are paid and you don’t have to pay anything towards the course fees.
This might apply if you are:
- aged 19-23 and want to study at level 1 and aim progress to your first full level 2 qualification
- aged 19-23 and want to study for your first full level 2 qualification
- aged 19-23 and want to study for your first full level 3 qualification
- aged 19-23, already have a level 2 qualification or above, but are unemployed and want to study for a new qualification up to level 2
- aged 24 and over, unemployed and want to progress to or study at level 2
None of the above apply to you? The government may still contribute towards the cost of the course. You would not be required to pay the money back but you would be required to contribute towards the course fees.
This may apply if you are:
- aged 19 and over and already have a level 2 or higher and want to study a level 1 or 2 qualification
- aged 24 and over, employed and want to study a level 1 or 2 qualification
- aged 24 and over, employed, already have a level 2 qualification or above and want to study a level 1 or 2 qualification
There is more information regarding funding further education courses on
Advanced Learner Loans
From 2016, if you are 19 years old or above, you may be able to apply for an Advanced Learner Loan to help you pay towards your course fees. Loans are available to cover the full cost of a course(levels 3 to 6 only).
You can apply for an Advanced Learner Loan from May 2016 for courses commencing after the 1st of August 2016.
Applying for a loanis not dependent on your household income and there are no credit checks; you won’t have to pay anything back until you’re earning over £21,000 per year.
Once you are earning over £21,000 per year you will pay back 9 % of anything youearn over £21,000. For example, if you earn £22,000 per year you must pay back 9% of £1,000 course fee which is £90 a year.
How do I apply?
You should ask your course provider for a ‘Learning and funding information’ letter.You can then apply for a loan online. If you are eligible, it should only take a couple of weeks before you are approved.
You might also be able to get money from the Loan Bursary Fund if you need help with learning or living costs. That includes accommodation, childcare and course materials. Again, speak your course provider.