Students 19 and over
Funding for students aged 19 and over – FE Courses
Funding and financial support for anyone over the age of 19 studying in further education is a complex picture. There are a lot of different criteria taken into account including personal circumstances, the course you are studying and what qualifications you already have.
Tuition and exam fees
If you are aged 19 and over you will need to pay exam and tuition fees unless you fall into one of the fee remission groups determined by the Government. These broadly include:
- Anyone claiming Job Seekers allowance or other income based benefits
- Anyone studying basic English or Maths, or GCSE English and Maths (who has not already achieved grade A-C)
- Students aged 19-23 studying their first level 2 or 3 qualification
When you come to enrol we will carry out a full fee assessment with you.
Payment of Fees
We have a number of ways you can pay your fees
- 100% Settlement – This can be made by cash or cheque (made payable to City College Coventry) or credit/debit card
- Instalments – We can arrange for you to pay over 3 instalments (on courses costing £200 or more) if you pay 35% deposit (or minimum of £100) is paid at enrolment and you put in place a standing order payment plan Please note that there is a £15 administration charge for this service
- Employer Sponsorship – If your employer has agreed to pay your fees and you would like us to invoice them, then download the Employer Fee Payment Contract or request one from Student Services. You need to get this completed by an authorised representative of your company and you need to bring it along when you enrol.
Learner Support Fund (LSF)
The government gives the college a fund to help those in most financial need with the cost of study. If you are eligible for the discretionary Learner Support Fund you may be able to receive the following;
- Course fees – help towards paying for your course fees, including exam and registration fees
- Help towards travel costs
- A contribution towards equipment and materials costs – if you have kit or equipment to buy as part of your course, or essential text books, then you might be able to get help with the cost
- Payment of any trips that are organised as part of your course
- Support towards childcare costs. Please note, we can only make payments to childcare providers who hold a current Ofsted Certificate of Registration for daycare. All payments are made directly to the childcare provider, monthly in arrears
You will be eligible to apply for this funding if:
- You are aged 19 or over on 31st August 2015
- You have the right to live in the UK – if you are an asylum seeker or refugee you will need to provide a copy of your Home Office letter or passport
- Have a household income for the previous year which is £25,000 or less (subject to change)
How to apply for the college Learner Support Funds:
To apply for any of the college funds, you will need to complete the on-line application and scan the relevant documentation evidencing your household income, benefits and residency – such as passport, birth certificate or Home Office documentation. You will also need your own UK bank account.
For childcare support you will need to provide children(s) birth certificate(s) and proof of child benefit. Once you have completed the on-line application and provided the specified evidence, a decision can be made about your funding.
24+ Advanced Learning Loans
Most learners aged 24 and over, studying at level 3 and above, will qualify for these loans. It’s easy to apply, your household income isn’t taken into account and there is no credit check. You won’t have to pay anything back until your income is over £21,000 a year.
To qualify you must be:
- Aged 24 or over on the first day of your course (there’s no upper age-limit)
- A UK or EU citizen
- An international student with UK residency rights, who has lived in the UK, the Channel Islands or the Isle of Man for three years prior to course start date
- Enrolling on an eligible course at level 3 and above which includes: Access to HE Diplomas and other Diplomas and Certificates at Level 3
- For a more detailed eligibility assessment, please follow the link below to the Student Loan Company online eligibility checker here
- The minimum loan amount you can apply for is £300; the maximum loan amount you can apply for is the total course fee charged by the college. Please note that if you apply for a loan amount which is less than the college’s course fee, you will have to pay the difference to the college
- Applying is easy, you can apply for a loan from April 2015 for courses starting between 1 August 2015 and 31 July 2016. We will give you a ‘Funding and Information Letter’ when an offer of a place has been made to you, this letter has all the information needed to apply for the loan
- You apply online to Student Finance England using the online application form here, or you can download the forms and apply by post
- Student Finance England (SFE) will pay the loan directly to the college. You are able to apply in more than one year (up to four loans), for different qualification types, to help you progress in your studies.
What happens if you withdraw from your course?
If you withdraw from your course within 2 weeks of the course start date, the loan will not come into effect and you will not have to repay anything back. If you leave the course after more than two weeks then you’ll be liable to repay the loan payments that have been made to the college on your behalf, for the time you have been on the course.
Please note you may also be required to pay the remainder of your course fees to the college.
Paying the loan back?
You will start repaying your loan from April 2017 and will only start making repayments if your income is more than £21,000 per year. You will only pay back 9% of any income above £21,000 a year.
If you stop working, or your income falls back below £21,000, your repayments will stop and only start again when your income is more than £21,000 a year.
Any loan remaining 30 years after you were due to start making repayments will be written off.
Access to HE courses and Loans
If you take out a loan for an Access to Higher Education course and then go on to complete a Higher Education course you will have your loan for the Access course written off.
You need to consider your own circumstances and what is right for you before choosing to take out a loan. You can get independent financial advice from the Money Advice Service here.
There’s loads of information about the 24+ Advanced Learning Loans, including information about the application process at here.
Please note the information provided on this page is based on current government guidelines and figures and may be subject to change.