Career Development Loans
Who is eligible
Applicants who are:
- 18 or over,
- 'settled'* in the UK, and have been ordinarily resident in the UK for at least the three years prior to the start of your learning programme, and
- intending to work in the UK, the EU or the EEA when the course finishes,
may be eligible for a career development loan organized by the Young People's Learning Agency for England ("YPLA").
A Professional and Career Development Loan ("CDL") is a bank loan that learners can use to help pay for work-related learning.
Learners can borrow from € 300 to € 10,000 from a participating bank to help pay for their course. Like any loan, learners need to repay the money they borrow, but with a Professional and Career Development Loan the YPLA will pay the interest on the loan while the learner is in learning and for one month afterwards. 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.
*'Settled' means having either indefinite leave to enter or remain or having the right of abode in the UK.
Since the Professional and Career Development Loan is a commercial loan product, they should only be considered as an option once all other student funding options have been investigated.
For further information on financial assistance to support your learning, please visit https://www.gov.uk/browse/education or contact Careers Advice on 0800 100 900. For details about Career Development Loans, please visit the UK government website discussing Career Development Loans https://www.gov.uk/career-development-loans/overview.
The EMLE programme is a registered CDL Learning Provider. EMLE students that fulfil the CDL requirements are therefore eligible for a loan.
Our learning provider registration number is 20118.
"Having a background in Philosophy and Economics, I was very keen on deepening my knowledge of the legal environment of markets and the way it functions. EMLE was the perfect fit. As a program that employs the analytical and rigorous economic approach while at the same time paying tribute to legal complexities, EMLE is not only interesting and academically challenging but also seeks to develop its students 'practical understanding' of how the economy and legal sphere work. This combined with the instruction of leading scholars in the field and a motivated as well as a gracious international student body rounds out the program perfectly. Overall, this makes me feel well-prepared for my PhD studies in the area of the economics of international law."
[EMLE Student 2015/2016]