Repayment

The amount you can get depends on your course, the tuition fees charged by your college and the maximum amounts set by the Government, 

The minimum loan amount is £300. You can take out a loan for the maximum amount to cover your tuition fee or you can pay all or part of the tuition fee yourself. 

How much can I get?

Repaying your advanced learner loan is straight forward:

  • Repayments start the April following the completion of your course.
  • Your monthly repayments will be based on your income, not what you borrowed.
  • You'll only start making repayments when your income is more than £25,725 per year
  • Repayments are made directly through the tax system.
  • You'll only pay back 9% of any income above £25,725 a year, see the table for examples of what you'll repay:

 

Income each year before tax  Monthly repayment
Up to £25,725 £0
£27,000 £9
£29,500 £28
£31,000 £39
£33,000 £54
£35,000 £69