Our loans offer

Information for individuals

Student funded loans

A student funded loan is a great option for those looking to change their career direction or who are wanting to aid their career development. Whether you opt for finance or an Advanced Learner Loan, our dedicated Loans team are on hand to help advise you as to the best option for you based on your personal circumstances.

As easy as one, two, three

step 1 to applying for a loan with Progress to Excellence

Choose the course you want to study (we have plenty of great ones such as hair and beauty, childcare, management or one of our many online courses).

step 2 to applying for a loan with Progress to Excellence

Select the loan option best suited to your personal circumstances and apply for your loan.

step 3 to applying for a loan with Progress to Excellence

Start something new and amazing!

What are the differences?

Advanced Learning Loan

  • There are no upfront costs
  • You must be aged 19 or over on the first day of your course
  • You must have been living in the UK for 3 years before starting your course
  • You don’t need to be in employment although some eligible courses may require you to complete a work placement
  • Your application is not subject to a credit check
  • You can apply for up to four loans and can have more than one at the same time
  • Advanced Learner Loans are available for a range of level 3 to 6 courses
  • Use an Advanced Learner Loan to help fund an Access to HE course (if you then progress on to university the loan is wiped off)
  • You won’t start paying the loan back until you are earning over 21,000 per year
  • Start paying interest from your first payment until the loan is re-payed in full. The rate of interest is dependent on your income

*Please see our Terms and Conditions page for more information

Commercial Loans

  • You must be aged 18 or over
  • You must be in regular full or part-time employment (minimum 16 hours per week or £5,000 per annum)*
  • You must be a permanent UK resident and have lived in the UK for at least 3 years
  • Apply online using our Financial Calculator
  • It is quick and easy to apply, normally taking less than 5 minutes from start to finish enabling you to start your learning journey without delay
  • Can be used to fund a wide range of training from a single unit to a full qualification. This includes those which are not eligible through an Advanced Learner Loan
  • 12 months interest free payment terms available

Now choose the type of student funding best suited to you

Advanced Learner Loan

Find out more

Commercial Loan

Find out more

Or call us on 0151 650 6933