All you need to know about 19+ loans

We are proud to announce the launch of a new department in SCCD, our Partnership and Employment Department. The sole purpose of this department is to help all our graduates into employment.

Who is eligible?

If you are aged 19 or over at the start of your training, a resident in the UK, are studying at Level 3 or 4: QCF Certificates & Diplomas, Access to HE, and A-levels, you can have up to a maximum of four 19+ Advanced Learning Loans.

Key facts about the loan

Your 19+ loan doesn’t have to be repaid until you earn more than £21,000 a year and this will not affect your credit rating. Your payments are linked to how much you earn, not how much you borrow. There is also no upper age limit. Remember also that your 19+ loan is paid directly to your college or training provider.

Repaying your 19+ loan

Only 9% of income above £21,000 – irrespective of the number and amount of loan(s) taken out will be deducted from your income. Interest rates are linked to inflation – a sliding scale of the Retail Price Index (RPI) for incomes of less than £21,000; up to RPI + 3% for incomes above £41,000.
Repayments taken directly from your wage in the same way as tax.

Are there any mitigating factors about repaying my 19+ loan?

If you go back to earning under £21,000 a year than no need to worry as repayments on your loan are suspended. All outstanding amounts are written off after 30 years or death.

Is there any additional support?

There might be additional support for mature students who have learning difficulties or disabilities. Also, you might be eligible to have some costs like babysitting, travel, books and equipment. Individual situations apply. Contact us for further information