Unlike bachelor’s degrees, there is no unified student funding body for AAT courses. There are, however, various options open to those interested in studying an AAT accounting course. Today we’ll discuss funding options for people over the age of 19 who are looking to study AAT in England.

Advanced Learner Loans

If you’re 19 years of age or older, you can apply for an advanced learner loan through the UK Government. These loans cover a variety of Level 3, 4, 5 and 6 courses in England and can be used to cover part or all of the course fee. Much like bachelor’s degree funding, repayments won’t begin until the recipient of the loan earns at least £21,000 a year.   


To apply for an Advanced Learner Loan you must be:

  • 19 or over
  • Living in England on the first day of the course  
  • Have lived in the UK for three years prior to the course start date, or be a UK national, or have settled status (no restrictions on how long you can stay in the UK)
  • The course must be level 3, 4, 5 or 6 and from an approved training provider in England

If you do not fit the requirements listed above, you may still be eligible. Check the Advanced Learner Loan eligibility page for more information.

Professional and Career Development Loans

The Professional and Career Development Loans are bank loans specifically designed to help you progress in your career or take your first steps into work. You can borrow between £300 – £10,000 and the UK Government pays the interest on the loan while you are studying. Often, these loans come with a reduced interest rate.


To apply for a Professional and Career Development Loan you must be:

  • 18 or over
  • A British citizen
  • Have lived in the UK for three years before the first day of the course
  • Plan to work in the UK, EU or EEA after the course finished

The provider of the course must also be on the Professional Career and Development Loan register.

Want to know more about funding options for AAT courses? Contact Aspiring Accountants today for free, impartial advice.


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