• Finance Options

    Finance Options

    At Liga, our aim is to provide you with as much information as you need in order to choose the right course and loan for you.

Have you heard about the 19+ Advanced Learning Loan?

If you are aged 19 or over and want to study A levels, an Access to Higher Education Diploma, or a level 3 or 4 Certificate or Diploma, you will need to pay your college or training organisation for the cost of your course. There is now help at hand with the new 19+ Advanced Learning Loan Scheme, introduced by the government to help learners.

Our 19+ Learner Loans are available if you are aged 19 or above and are undertaking Level 3 or higher qualifications in areas such as Teaching and Quality Assurance, Leadership and Management and Business Administration.

students say

Similar to Student Loans Company (SLC), the loans are not means tested or subject to credit checks and any learner who meets the criteria will be able to apply for a Loan regardless of their current employment status.

Here are some of the key facts about the loan:

Repayments are linked to what you earn and not how much you borrowed.

You only have to start making repayments when you’ve finished your course and you’re earning over £21,000 a year (which is £404 a week or £1,750 a month). Until then you don’t need to pay back anything, but you can make voluntary repayments at any time.

You pay 9% of the money you earn over £21,000, before tax. For example, if you earn £22,000 a year, your monthly repayment will be £7 a month; and if you earn £35,000 a year, it will be £105 per month.

Interest is charged on a sliding scale between the Retail Price Index (RPI) and RPI +3%, depending on how much you earn.

How is it repaid?

Loans are paid by SLC directly to the course provider on your behalf, making it even easier for you to concentrate on your course, and leave the payments to be looked after by us.

Repaying a Loan is straightforward, collected through PAYE or self-assessment once your income is more that £21,000 a year.

Are you Eligible?

Use this handy tool to check if you are eligible for an Advanced learner loan to support your studies.

For more information call us on 0845 177 1880 or send us a message for us to call you back

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