Freemantle Training & Consultancy Ltd
loans, personal loans
We have access to 19 plus loans,
This where you use funding to pay for your training, to up skill yourself, these loans are open to anyone aged 19 years and over who are employed / self-employed or unemployed.
The loans are to up skill, in return when you borrow the loan you only pay back 9% of what you borrow once you earn over £21,000
contact us to join our training program,
Fill in your details
In the drop box section ,select the funded course you wish to apply for.
we will contact you within 24 hours to arrange a meeting a course start date.
The Government introduced the new loan last year to provide a means for anyone over the age of 19 to be able to study and improve their qualifications and therefore improve job and life prospects.
This means that adults don’t have to pay the course fee upfront. There are still be some charges for registration with awarding bodies, exam fees and materials that will need to be paid.
Repayments for the loan will only start being paid once the adult is earning over £21,000 per year and the amount paid back each year is dependent on the wage earned over this amount and not how much the course costs.
Loans are funded from the Student Loan Company and are not means tested or subject to credit checks. The loan is available irrespective of the learner’s current employment status. The application form is simple and is done online, more information about eligibility can be found here.
Learners aged 19 and over will therefore have the option to either:
pay the course fees themselves
have an employer/sponsor pay the course fees for them
apply for an Advanced Learning Loan to help pay for the course fees.
The 19+ Advanced Learning Loans are for anyone who is:
aged 19 and above at the start of their course
Studying at Level 3 and Level 4 in Further Education and training (please note not all level 3 courses are eligible for loans)
Resident in the UK
Has not previously had a loan to do the same type and level of qualification.
You pay back your loan (plus interest) when you finish your course and earn more than £21,000 a year. Your repayments will stop if your income drops below £21,000 a year.
Your annual repayment amount will be 9% of any income you earn over £21,000.
Your monthly repayments would be:
£7.50 a month - if you earned £22,000 a year
£30 a month - if you earned £25,000 a year
, personal loans