Financial Help and Career Development Loans

Career Development Loans for Hypnotherapy Training

The UK College of Hypnosis and Hypnotherapy is a registered UK Learning Provider and we are listed in the Department for Education & Skills’ UK Register of Learning Providers (UKPRN 10042163).  Therefore students may qualify for a Professional and Career Development Loan – a commercial bank loan designed to help learners pay for learning that leads to work.

Professional and Career Development Loans are commercial bank loans that can be used to help pay for work related learning.  You can borrow from £300 and up to £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 pays the interest on the loan while you are learning and for one month afterwards. You then need to start repaying the loan as you would any other commercial loans product.  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.

As the Professional and Career Development Loan is a commercial loan product, you should make sure you have investigated all the funding options that may be open to you to ensure you take an informed decision about whether the Loan is right for you.

For further information on financial assistance to support your learning, visit www.gov.uk/career-development-loans or https://nationalcareersservice.direct.gov/career-development-loans or contact the National Careers Service on 0800 100 900.

You can also read more about Professional and Career Development Loans in this helpful article in

Articles on Career Development Loans

There’s a really helpful article at The Independent: – http://www.independent.co.uk/student/postgraduate/postgraduate-study/the-simple-guide-to-career-development-loans-8559515.html

Or Martin Lewis over at Money Saving Expert has a great article too:
http://www.moneysavingexpert.com/students/career-development-loans

Lenders Providing Career Development Loans:

The Co-op:
http://www.co-operativebank.co.uk/loans/career-development-loan

Barclays:
http://www.barclays.co.uk/Yourloanoptions/Graduateandprofessional/ProfessionalandCareerLoan/P1242557963934

 


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