Bis records increase in 24+ Advanced Learning Loans
Applications for adult student loans have jumped eight per cent year-on-year, according to figures published yesterday by the Department for Business, Innovation and Skills.

For the new academic year, 32,140 eligible applications were received for 24+ Advanced Learning Loans, an increase of 2,410 applications from the same period last year. Applications for the loan closed in July. 

The loans were introduced in 2013 to help learners aged over 24 pay the fees charged by training providers for level 3 and 4 courses, including A-levels, Access to Higher Education Diplomas and Certificates.

The highest number of applications to be sent from one age band were by 24- to 30-year-olds, who sent 14,130 applications. All other age ranges – including people aged over 50 – recorded an increase.

Stephen Evans, deputy chief executive at the National Institute of Adult Continuing Education (Niace), feels that these figures are “a welcome increase”, but fall short of the scale needed to deliver the skills the economy needs. 

“Advanced learning loans are not working as they need to at present,” he said.

“Based on past trends, around 100,000 applications would’ve been needed to put us on track to utilise the full loans allocation for this year and fill the skills gaps that hold back productivity and social mobility. Our low skills base has long held us back as a nation. We must do better,” Mr Evans added.

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About Paul Champion

Some have called me a leader, and a entrepreneur, they say I have integrity, presence and skills to ensure continuous improvement and success in whatever challenges I face. They also tell me that I am positive, resilient and motivating. I say, I'm just a normaI guy from Gateshead in the North of England, who started as an apprentice engineer. I have been in the right place at the right time and in the wrong place at the wrong time! I have successfully initiated and led complex organizations and situations to completion and success, and I have been in some jobs where success seemed untouchable. Mainly though, I have tried to learn everyday, help people to progress and learn the skills they need to be successful. I have had the privilege of working with some great people locally across the UK and more recently internationally in Asia, Europe and now USA, where I am lucky enough to work for where I am head of 3aaa USA. This website is just me having an outlet to talk about all those thoughts, ideas and things I learn that pass through my head every day when I face the challenge of doing business. I will also rant on about how great apprenticeships are, and how you can help change peoples lives through them. After all thats how I got to do the great things that I have done, and also I am still an apprentice everyday! All I ask is that if you find it interesting then leave a comment and share what you read. THANK YOU.

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