Tammy Wakefield, Graduate 1998
If you think it will be too expensive for you to join our courses, you’re almost certainly wrong. We can advise you about this at audition and if you’re offered a place we can help you to find the grants, grant-making bodies, Professional and Career Development Loans, charitable trusts, awards or sponsorship that will enable you to pay for your tuition and support yourself while you train. It’s all possible – provided you take the first step and send in your application.
Professional and Career Development Loans are commercial bank loans that can be used to help pay for work related learning. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year’s relevant unpaid practical work). The Government will pay the interest on the loan while you are learning and for one month afterwards. You will then need to start repaying the loan as you would any other commercial loans product. The loan can be used to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries.
As the Professional and Career Development Loan is a commercial loan product, you should make sure you have investigated all the funding options that may be open to you to ensure you take an informed decision about whether the Loan is right for you.
For further information on financial assistance to support your learning, please visit www.direct.gov.uk/adultlearning or contact Next Step on 0800 100 900.
Our learning provider registration number is 2719.
Once you’re offered a place we’ll give you full advice on the grants that you can apply for and send you our detailed guide to fundraising which includes:
- Grants advisory services
- Online sources
- Key publications
- Industry funding sources
- Sponsorship
- Fundraising methods