Professional and Career Development Loans
Professional and Career Development Loans are bank loans that can be used to help pay for work-related learning.
You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year's relevant unpaid practical work).
The Government will pay the interest on the loan while you are learning and for one month afterwards. The loan can be used to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries. Because the Professional and Career Development Loan is a commercial loan product, they should only be considered as an option once all other student funding options have been investigated.
The only banks that currently offer these loans are Barclays Bank and the Co-operative Bank. Further details and application forms can be obtained from:
Barclays Bank :http://www.barclays.co.uk/Loans/Ourloans/ProfessionalandCareerLoan/P1242557963934
The Co-operative Bank: http://www.co-operativebank.co.uk/servlet/Satellite/1193206376155,CFSweb/Page/Bank-Loans?WT.svl=nav3
Find out more...
For further information on Professional and Career Development Loans, see the PCDL website
Or contact the National Careers Service: FREEPHONE 0800 100 900
For further information on financial assistance to support your learning, please visit National Careers Service website or contact the National Careers Service on 0800 100 900.
The University of Kent learning provider registration number is 8353.
Applicants should contact the Scholarships Unit before completing the application form,as it requires the correct dates, signature or official stamp, and will be rejected by the banks if any of the details are incorrect.Please bring any forms to the Main Reception in the Registry, at the address below, marked for the attention of the Scholarships Co-ordinator:-Scholarships Unit
University of Kent
Kent CT2 7NZ
or email: firstname.lastname@example.orgOnce your loan has been agreed a copy of the payment schedule MUST be provided to the Income Office at registration or as soon as possible afterwards.