COMMERCIAL VEHICLE DRIVER TRAINING


LGV Trainers

LGV Trainers – approved Learning Provider for Professional and Career Development Loans

Category: Price List | 11.04.17 |


Professional and Career Development Loans are bank loans for courses and training that help boost your career or help get you into work with a new qualification.  LGV Trainers is now an approved and registered PCDL training provider.

Overview

Professional and Career Development Loans are bank loans to pay for courses and training that help with your career or help get you into work.
You may be able to borrow between £300 and £10,000.
Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying.
Check with your benefits office before you take out a loan as it can affect the benefits you’re entitled to.

Eligibility
Who can apply

To apply you must:
o be 18 or over
o be a British citizen
o have been living in the UK for at least 3 years before your course starts
o plan to work in the UK, European Union (EU) or European Economic Area (EEA) after the course
Which courses qualify?

Courses must:
o only last up to 2 years, or 3 years if they include 1 year of work experience
o be provided by an organisation on the Professional Career and Development Loan Register – check with your course provider
o help with your career – they don’t have to lead to a qualification
You can’t get Professional and Career Development Loans for first full-time degrees but you can apply for student finance.

How to apply
1. Call the National Careers Service on 0800 100 900 to find out whether a loan is the best option for you. (Find out about call charges or request a call back.)
2. Complete and submit the online application form.
Apply 2 months before your course starts to give the bank enough time to process your application. Don’t apply more than 2 months ahead, as your application won’t be accepted.

Repayments and interest
Interest on the loan
Professional and Career Development Loans are bank loans that have to be paid back. You start repaying the loan (plus interest at a reduced rate) 1 month after leaving your course.
The government pays the interest while you study and for 1 month after you leave your course. After this time, you start repaying the loan and interest.

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