Career Development Loans for UK residents
Applicants who are:
- 18 or over
- 'settled'* in the UK, and have been ordinarily resident in the UK for at least the three years prior to the start of your learning programme and
- intending to work in the UK, the EU or the EEA when the course finishes
may be eligible for a career development loan organized by the Young People's Learning Agency for England ("YPLA").
*['Settled' means having either indefinite leave to enter or remain or having the right of abode in the UK.]
What is a Career Development Loan?
A Professional and Career Development Loan ("CDL") is a bank loan learners can use to help pay for work related learning. Learners can borrow from € 300 to € 10,000 from a participating bank to help pay for their course.
Like any loan learners need to repay the money they borrow but, with a Professional and Career Development Loan, the YPLA will pay the interest on the loan while the learner is in 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.
Additional information
For further information on financial assistance to support your learning, please visit www.direct.gov.uk/adultlearning or contact Careers Advice on 0800 100 900. For details about Career Development Loans, please visit the Directgov financial help page.
EMLE and the CDL programme
The EMLE programme is a registered CDL Learning Provider. EMLE students that fulfill the CDL requirements are therefore eligible for a loan. Our learning provider registration number is 20118.
