Placement Costs Loan
If your course requires you to attend placements, you may be eligible to apply for a placement costs loan.
About the loan
If your course requires you to attend placements for which you are able to claim reimbursement of the travel and/or accommodation costs, you may be eligible to apply for a placement costs loan.
A loan for placement costs is interest free and is usually repayable in 120 days. You can borrow up to the value of your claim for reimbursement. Please ensure that you submit your claim for reimbursement regularly during your placement if possible, so that you can repay the loan when funds are received.
How to apply
You can apply from 3 September via the Placement Costs Loan InfoHub form (login required).
You must complete the application in full. Once you have completed the form, you will be required to submit your supporting evidence as soon as possible. Your application will not be considered until we have received your evidence.