You only start to pay monies to the UK Government once you earn over £21,000 a year.
If you never earn more than £21,000... then you never pay anything at all.
Think of it more of an "Income Contingent Repayment Plan" rather than a normal loan.
Your 19+ Loan is 100% between you and the Student Loans Company and none of your Loan ever comes to STAR College.
However, once you have your loan approved (by the Student Loans Company) STAR College will then access a different stream of Govt. funding to pay our costs in order to deliver to you your course.
The repayment period is open for a max of 30 years (any payments still due after 30 years are written off)
If you’re undertaking an Access to HE Diploma and then go on to complete an Higher Education qualification at a University, then the outstanding balance of your 19+ Advanced Learning Loan will be written off.
Any agreement for a loan is 100% with you and the Student Loans Company, never with STAR College
19 + Advanced Learning Loans are available from the Student Loans Company for courses at Level 3 and Level 4. Level 3 and Level 4 courses include A levels, Access to Higher Education Diplomas and other Certificates and Diplomas. You can apply for a 19+ Advanced learning loan if you meet these criteria:
Must be aged 19 years or older
Must be a UK resident for minimum of 3 years
Course you wish to study must be eligible for loan and meet the Student loan Company conditions
Eligibility for a loan is NOT subject to any household income threshold.
Normally any outstanding loan you have will be written off 30 years after it becomes eligible to be repaid.
If you receive a disability-related benefit and are permanently unfit for work, the Student Loans Company can cancel the loan. However, they cannot cancel a loan unless they receive medical confirmation together with evidence of your disability benefit.
In addition, if you’re undertaking an Access to HE Diploma and then go on to complete an HE qualification the outstanding balance of your 19+ Advanced Learning Loan will be written off. To qualify for this write off you must have fully completed both courses. You do not need to take out a loan for the HE course. However, it must be eligible for funding by Student Finance England. The HE course does not have to relate to the Access to HE course you complete.
Finally, if you die your loan will be written off.
For full details, terms & conditions regarding any 19+ Advanced Student Learning Loans, use the links above to the Student Loans Company:
* See home page for full details of 25% off promotional discount
Welcome to Ixion College. Ixion College is a brand owned by Ixion Holdings (Contracts) Ltd. Your learning agreement, should you wish to take a course with Ixion College, will be with Ixion Holdings (Contracts) Ltd under Ixion's UKPRN 10033758.
Awarding organisations we work with:
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