Funding your training

When you are choosing a Diploma or Award Programme, your are receiving a great discount on the whole course so you are paying much less than if you were to buy each module of the course separately. There are various ways to structure your training so that you can pay for each stage as you go and you can consider other ways of funding your training. Ask your Course Adviser who will advise on what we can do and point you in the right direction to explore funding options that are suitable for you and your circumstances.

 

Monthly Payments Through Pay4Later

We can offer students, professionals and parents the facility to finance private education and career development courses via Pay4Laterís education and training finance platform. Designed from the ground up around a paperless e-signature process, Pay4Later redefines finance for the digital age. Instant decisions, no paper forms, no hassle, and you can spread the payments over 12, 24, 36 or 48 months.  Ask your course advisor for details 

 

Payment Through Standing Order

Staging your payments through Standing Orders or monthly agreed payments is a good way to pay as you go and yet get the benefit of booking a whole Diploma or Award Programme. A regular credit card payment scheme can also be agreed.

These are simple to set up through us and you can do that with your Course Adviser.

 

Professional and Career Development Loan

Professional and Career Development Loans are commercial bank loans that you can use to help pay for work-related learning. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one yearís relevant unpaid practical work).  The Government will pay the interest on the loan while you are learning and for one month afterwards. You will then need to start repaying the loan as you would any other commercial loan product. You can use the loan to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries.

As the Professional and Career Development Loan is a commercial loan product, you should make sure you have investigated all the funding options that may be open to you to ensure you take an informed decision about whether the loan is right for you.

  • For further information on financial assistance to support your learning, please visit the website www.direct.gov.uk/adultlearning
    or contact the National Careers Service on
    0800 100 900
    Our learning provider identification number is: 3463

 

 

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