19+ Advanced Learner Loan

Further Information

How do I apply?

1. Book your course online and select '19+ Advanced Learner Loan' as your payment method at checkout. You won't be asked to make a payment to secure your place.

2. Meet with our team to discuss the course and the Advanced Learner Loan. We'll provide all the information, advice and guidance you need to make an informed decision.

3. Receive your Learning and Funding Information Letter (also known as an offer letter) if you decide to proceed with the loan.

4. Complete your application through Student Finance England using the guidance in your Learning and Funding Information Letter.

5. We'll support you every step of the way, from your application through to confirmation of your funding.

Please note: You must meet with us and receive your Learning and Funding Information Letter before you can apply for an Advanced Learner Loan.

How much can I borrow?

You can apply for an Advanced Learner Loan to cover the full cost of your course, or choose to pay part of the course fee yourself. The minimum loan amount is £300.

How is the loan paid?

Once we've confirmed your attendance, Student Finance England will pay your approved loan directly to Envisage. You don't need to make the payment yourself.

How many loans can I have?

You can take out up to four Advanced Learner Loans, depending on your eligibility and previous loans.

When do I start repaying?

You won't start repaying your loan until the April after you finish or leave your course.

Repayments are only made once your income exceeds the current repayment threshold, and you'll repay 9% of anything you earn above that threshold. You can also make voluntary repayments at any time if you wish.

The table below shows examples of how repayments are calculated.

Income each year before tax	Monthly salary	Monthly repayment
Up to £25,000	£2,083	£0
£27,000	£2,250	£15
£29,500	£2,458	£33
£31,000	£2,583	£45
£33,000	£2,750	£60
£35,000	£2,917	£75

Repayments explained

Your repayments automatically adjust based on your income. If your income goes up or down (for example, if you receive a bonus or change job), your repayments will update automatically.

You can also make voluntary repayments at any time to pay your loan off faster.

How repayments are collected

• If you're employed: repayments are taken automatically from your salary through the tax system, just like Income Tax and National Insurance. You don’t need to do anything.

• If you're self-employed: you’ll make repayments through your annual Self Assessment tax return.

• If you stop working: repayments pause until your income goes above the repayment threshold again.

Loan write-off

Any remaining balance is written off 40 years after the April you were first due to repay.

Is there interest?

Yes. Interest is charged from the time Student Finance England makes your first payment until your loan is fully repaid or written off.

The interest rate varies depending on your circumstances and income and is set by the UK Government. Full details are available from Student Finance England.

Annual income	Interest rate
£25,000 or less	RPI only
£25,001 – £51,245	RPI + up to 3% (on a sliding scale)
£51,245+	RPI + 3%

The interest rate is usually set on 1 September each year, based on the Retail Price Index (RPI) of the previous March. RPI is currently 3.2%.

Example: £2,000 course loan

Interest rate	Interest added per year
3.2% (RPI only)	£64
6.2% (RPI + 3%)	£124

This interest is simply added to the balance — it does not change your monthly repayment amount.

Want more information?

This short video explains everything you need to know about Advanced Learner Loans:

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Guide to the Advanced Learner Loan online application

Once you've booked your course and you've spoken to a member of the Envisage team, you'll be asked to complete an online Advanced Learner Loan application. Here's a guide to the online system:

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