Capital Apprenticeships secures 24+ Learning Loans

Capital Apprenticeships is delighted to have successfully gained funding for the provision of Level 3 Health and Social Care and Management Diplomas through 24+ Learning Loans.

In 2013, direct funding was withdrawn for those aged over 24 undertaking qualifications at level 3 and above (other than through Apprenticeships). Learning loans were made available for this age group to enable them to invest in their own futures at no cost whilst gaining the qualification.

Capital Apprenticeships has secured a limited number of loans and would like to invite interested candidates and employers to apply for the funding.

Courses will start in December 2014 and January 2015 and complete in July 2015 as they are being run as a fast track to these valued qualifications. They normally take over a year to complete, but we are going to work intensively with candidates to ensure they gain them as quickly as they can.

24+ Learning Loans are available to learners aged 24 or older to cover the costs of undertaking these qualifications. They are low interest and are only paid back once individuals earn more than £21,000 a year and repayment does not start until 2016. Therefore, successful candidates should be able to command higher pay levels following the achievement of these qualifications, whilst payment is delayed either indefinitely or only when they can be afforded.

Learning Loans are available to those who are employed or unemployed.

Learners must meet the following criteria:

  • Your course must start between 1 August 2013 and 31 July 2015, and be a Level 3 or 4 qualification
  • Be 24 or older on the first day of your course
  • Be living in the UK on the first day of your course
  • Have been living in the UK, Channel Islands or Isle of Man for 3 years before starting your course
  • Be a UK national or have ‘settled status’ (this means there are no restrictions on how long you can stay)

Visit the Government Learning Loans page for full eligibility details.

Mike Burridge, Capital Apprenticeships’ Commercial Manager, said: “Learning Loans are a great way for adult learners to gain qualifications which should enable them to advance their careers and achieve higher levels of pay than would otherwise be the case. The interest rate and deferring of repayment, in effect, means that successful candidates earn more than they otherwise would or they do not have to repay the loan. So they are a clever way of helping people.

“Candidates do not need to be employed, but they do need to show that they can study successfully at this level. We will provide career guidance as part of the programme to signpost candidates to vacancies where these qualifications are sought by many employers. Delivery will be on a group basis and can be arranged to take place in a classroom at a particular location if it suits a sufficient numbers of candidates.”

For more information and to apply, please email: mike@capitalapprenticeships.com or call 020 3725 7552

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