Professional and Career Development Loan (PCDL)
Brighton Holistics are pleased to be able to offer Professional and Career Development Loans (PCDL). Please make sure that you can repay this student loan before making the financial commitment. These are bank loans that can be used to 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 government will pay the interest on the loan while you are learning and for one month afterwards until the repayments start. The loan can be used to pay course fees or other costs such as travel and living expenses. In some circumstances, you can also use the loan to supplement other forms of support such as grants and bursaries.
Because a PCDL is a commercial loan product, it should only be considered as an option once all other funding options have been investigated. Repayments start a month after you leave your course. As the repayment amounts can be quite high it is worth considering in advance how you will meet these costs.
If you decide to fund your studies with a PCDL, the application will need to be authorised by Brighton Holistics as the learning provider. Brighton Holistics learner provider number is REG01-21332.
For further information on PCDLs, including application forms visit www.gov.uk/career-development-loans or contact 0800 100 900. For more specific enquiries about eligibility, please contact the PCDL Helpline on 0845 000 045.
For advice on financial assistance to support your learning please contact the National Careers Service on 0800 100 900.
To have a PCDL form authorised, please call Brighton Holistics on 01273 672 690 option 4 to arrange a time.