Colleges Launch New Loans for Adults

Exeter College joined seven other further education colleges across Devon and Cornwall this week to launch a Government scheme offering loans for adult learners.

People aged 24 or over who want to study at levels three and four or for advanced and higher level apprenticeships can now apply for a loan to pay for their course.

24+ Advanced Learning Loans will operate on the same basis as higher education loans, with no repayment until the student has finished his or her course and is earning above £21,000.

This is the first time adult learners in further education will be able to access a Government loan to support their course costs.

Exeter College Principal, Richard Atkins said “We're delighted to be involved in helping to explain the new 24+ loans since we know that finance can be one of the main barriers to learning.

“These loans will mean that adult learners on particular courses will be able to access new and improved opportunities leading to better jobs and future careers. “Exeter College is keen to help students of all ages access opportunities, gain higher qualifications and skills and we’re hoping that this new financial support will encourage adult learners to apply for the wide range of Access and other level 3 and 4 courses available.”

Learners can apply for a loan now for courses starting in September.

Further information and details of how to apply are available by phoning (0845 111 6000), or emailing info@exe-coll.ac.uk or by visiting www.exe-coll.ac.uk/24loans

To view a copy of the new Adult Learning Guide click here