Career development loans
Career Development Loans are available through an arrangement between the Learning and Skills Council (LSC) and three high street banks.
The key points about CDLs are:
- you can borrow anything between £300 and £8,000 to help you fund up to two years of learning (or up to three years if the course includes one year of relevant practical work experience)
- you can apply for CDLs with Barclays, The Co-operative Bank and The Royal Bank of Scotland
- the LSC pays the interest on your loan while you're learning and for one month after you've stopped training
- you repay the loan to the bank over an agreed period at a fixed rate of interest
Click here for further details.