Professional and Career Development Loans

This website is aimed at providing key messages on Professional and Career Development Loans for individuals that provide impartial information, advice and guidance to potential learners, such as University or college careers advisers, Jobcentre Plus advisers, Nextstep advisers, Union Learning representatives and the Careers Advice Service. Learning providers accessing this site must not use any of the information on this site as an inducement to encourage learners to enrol on their courses. Learning providers must act responsibly in helping individuals chose learning and support that is relevant to their needs and abilities.

A Professional and Career Development Loan is a bank loan 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 LSC will pay the interest on the loan while the learner is in learning and for one month afterwards. Even when a learner starts to repay the loan to the bank, the interest rates for repayments are set at a fixed, competitive rate of interest, compared with most other personal loans.

To order leaflets/posters/business cards to help you promote Professional and Career Development Loans please call 0800 585 505.

Learners should call 0800 585 505 to order application packs or visit www.direct.gov.uk/pcdl for more information. 

Here is a list of Frequently Asked Questions

Find out more information on the role of Advisors in helping raise awareness of the changes to the Loans and the benefits for potential learners.

Please note, the process for registering learning providers on the Professional and Career Development Loan Register of Learning Providers will remain the same. Click here for more information.