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It’s up to you to work out what you can afford to borrow.
Think about what would happen if your income dropped or your living costs went up.
Previously these loans were known as 24 Advanced Leaner Loans, but due to the age at which you’re eligible changing, the name was changed.
So, if you couldn’t get a loan previously because you were too young, now you might be able to. Loans are paid directly to your college or training provider. You can get more than one at the same time if you and your training provider(s) agree you’re ready to take more than one course at the same time.
You can choose to pay off some or all of your loan at any given time with no extra charge.
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