College chiefs in St Helens have welcomed the introduction of new loans for students aged 19 and over.
Following last year’s announcement by the Chancellor, tuition fee loans used by adult learners who want to study a Further Education course at college will now be accessible to even more people.
New Advanced Learner Loans are now available to those aged 19 and above studying for qualifications at levels 3, 4, 5 and 6.
Getting a loan doesn’t depend on your household income and there’s no credit check. You won’t have to pay anything back until you’re earning over £21,000 a year.
Once you earn over this amount you pay back 9% of the earnings you receive above this figure.
The loan is written off entirely after 30 years.
Dr Jette Burford, principal at St Helens College, said: “We gladly welcome the widening of access to these loans.
“We never want the cost of studying to deter anyone from the opportunity to gain qualifications, progress in education and put themselves in a stronger position career-wise.
“We have an extensive range of courses starting in September so I would encourage anyone considering returning to study to seize the opportunity.”
Emma Blemings, from Moss Bank who studied at St Helens College, said: “The loan helped me to cover course fees as I wanted a career change to become a teacher. The college course helped me to secure a place at university.”
Just some of the courses which are included under the new loan scheme include logistics, hair and beauty, catering and health and social care amongst many more.
St Helens College are set to host a series of information events as they launch the Advanced Learning Loan to adults who are considering embarking on some further study from September onwards.
If you would like more information about the financial support available for adult students, please drop into the information event on July 5, 10am – 7pm or visit www.sthelens.ac.uk.