Choosing to study a higher education course at college can be a considerably cheaper route than traditional university study. On top of this, there are a number of loans available to help fund the cost of our HE courses.
New students enrolling on a designated Higher Education programme and studying at least 30 credits a year can apply for a loan to cover the full cost of fees each year.
This means that the course will be free at the point of entry and repayments will only be made if and when the students is earning over £25,000 a year.
Loan repayments will start in the April four years after beginning the course, even if the learner is still in the process of studying, or in the April after leaving the course, whichever comes first.
Repayments are based on the amount earned annually, not on the amount that has been borrowed.
If learners are earning less than £25,000 a year, at this point they will not begin repaying their loans. If they are earning over £25,000 a year, repayment will be calculated as 9% of any income over £25,000. After 30 years, any outstanding balance is written off.
For further information, please contact Rachael Hill on 01642 333642.