Professional & Career Development Loan

Professional and Career Development Loans are bank loans to pay for courses and training that help with your career or help get you into work.

You may be able to borrow between £300 and £10,000.

Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying.

The University of Lincoln’s learning provider registration number is: 6257.

Banks that provide these are:

Barclays – Barclays PCDL

Co-operative bank – Co-Operative Bank PCDL

To be granted a career development loan, your chosen course must help with your career – but it doesn’t have to lead to a qualification. Examples of eligible learning includes:

  • Postgraduate courses, for example an MSc or MA.
  • A specialist course at a privately owned learning provider, for example, in
    homeopathy or studio sound engineering.
  • Management courses, for example, a professional consultant’s course.
  • Technician level training, including plumbing or electrical installation.
  • A National or Scottish Vocational Qualification (NVQ/SVQ) at a local college,
    for example in hospitality and catering.
  • Courses leading to a professional qualification, for example, the Certificate in
    Programme Management.

Please visit the following websites for more information and a break down of eligibility and criteria: career-development-loans

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