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Sources of Funding
There are several sources of funding available for individuals and businesses. The following are some of the most common :
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 Learning and Skills Council 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. For further information on financial assistance to support your learning, please visit:
www.direct.gov.uk/adultlearning or contact the National Careers Advice on 0800 100 900.
Our learning provider registration number is: 20174.
Business Link
Business Link lists many types of local enterprise funding as well as other sources. These change frequently so it is worth checking regularly to see what is available in your local area.
Please follow the below link for details:
http://improve.businesslink.gov.uk/resources/business-support-finder
CITBNI
Construction Companies in the Levy Scheme in NI can get funding for courses listed here. Please follow the link for details:
http://www.citbni.org.uk/Courses/Approved-Courses.aspx
Construction Skills
Construction Companies in the Levy Scheme in England, Wales or Scotland can get funding for NEBOSH and IOSH courses under Grant A09- Technical and Professional Attendance. Please follow the link for details:
http://www.cskills.org/levy-grant/grant/grants20112012/attendance/index.aspx
MoD Service Leavers
MoD Service Leavers can access funding from the MoD. Please follow the link for details:
http://www.woodward-group.co.uk/PagesAll.aspx?pid=8 |
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