enquiries@aaa-training.com

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..the way forward

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+44 (0)1787 313 137

Unit No 1 Woodview, Bull Lane Industrial Estate
Acton, Sudbury, Suffolk CO10 0FD. United Kingdom

Financing your training course
 
At AAA Training we are keen to find ways to help you pay for the training course you need to advance your career prospects or bring you up to date with changing work methods and legislation.
 
Funding Options:
Did you know there may be funding available to help you pay for the cost of your chosen course?
 
Private Individuals:
Funding may be available to help you.  The Careers Advice Service, Local Councils, Regional Development Agencies, Job Centre, Skills Funding Agency, Local Business Link can all provide advice on what is currently available.  Funding is often restricted to the type of training or your own personal circumstances.
 
Spreading the cost: 
All our training courses are invoiced prior to the course and payment has to be received before the course start date, however:
 
  1. We will accept payment by credit or debit card, internet banking or cheque
  2. We will also accept stage payments if required but the full amount including the course cost, VAT or any exams must be received by us in cleared funds 15 clear days before the course start date. 
  3. Please note our terms and conditions still apply even in the case of stage payments.
  4. Please note a minimum payment of £50 is required at the time of making your booking.  This can be paid by bank transfer, debit or credit card and will be offset against the cost of your training place.
 
Here are some links that may be of interest to you:
 
UK registered companies and Small/Medium Enterprises (SMEs):
In some instances funding may also be available to help cover your costs for providing your staff with the training they require.  Government and European funding is often available. Here is a link for you to check out for more information: Train to Gain.
 
Jobcentre Plus Low Value Procurement Scheme:
Funding is available from Jobcentre Plus across the UK via the Low Value Procurement Scheme. Aimed at people who are unemployed and looking at being re-trained to get back into employment. However criteria can vary and will depend on the area.
 
Some clients can become eligible on first day of unemployment but different areas of the country will have other eligibility criteria which could mean that the client must have a job offer letter relating to the type of training that they have requested.

Within the North East (and possibly other areas) Jobcentres are also going into companies who have put the staff on redundancy notice and interviewing the employee to assess what training can be provided in order to enable them to find work quicker once they have been made redundant.
 
For details on whether you are eligible for funding under the Low Value Procurement Scheme, contact your local Jobcentre Plus.
 
Further Government help:
 
Professional and Career Development Loans -Overview
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 are studying.
 
How to apply:
  1. Order an application pack.
  2. Fill in the application form and send it to your bank.
  3. Your bank will decide if you qualify for a loan.
  4. You take out the loan with your bank and agree to their repayment conditions.
 
You can order an application pack from the National Careers Service. You should apply 3 months before your course starts to give the bank enough time to process your application.
 
If you are claiming benefit, check with your benefits office before you take out a loan as it can affect the benefits you’re entitled to.
For more details: https://www.gov.uk/career-development-loans