A student loan is a type of financial support offered by the government, banks and other financial foundations to help students subsidize their university or college training.
At the point when gifts, grants, and other alluring manifestations of financial help miss the mark on empowering a student to cover the total cost of participation, student loans can be an incredible approach to help fill the financial hole.
Further education support at Barclays
Although the government provides student loans for recent graduates those who wish to further their studies or partake in workplace-specific training must look elsewhere - Barclays provides further education student loans just for this purpose.
Effective student financing
One of the keys to effective learning is putting the required resources into your studies. You can choose to do it without anyone else's help - picking the right bank (Barclays) and careful planning and budgeting with a government-backed student loan - or you can use family and personal savings in combination with a government-backed loan.
Not certain about student bursaries and loans? Barclays will help you by providing you with a wealth of information that will help you prepare for some of the most important years of your life.
University study is a costly undertaking and being fully aware of the government provide student loans that will cover the cost of studying and, the costs of living, should you qualify.
When Government loans are not an option
The UK additionally has an extensive variety of private colleges, where educational cost fees can be higher than at public colleges and universities. If you're looking to further your studies beyond what a government-backed loan can provide for look no further than Barclays - our affordable student loans can help you get the extra training that you need to excel in your chosen field.
Seek loans and bursaries for which you qualify
Make sure to consider your choices before choosing how to pay for your studies, and seek any student loan or bursary for which you're qualified. There is certainly no shortage of student loans, bursaries and grants that you can apply for and which will support you through your studies.
Barclays Student loan
- Loan Type Student loans
- Interest Rate 6.2 – 9.9% p/a
- Loan Amount up to £10,000
- Repayment 12 months to 60 months
Benefits of Barclays
- No repayment while you're still studying
- We don’t penalize you for early repayment
- No setup fees or other hidden costs
Student loan calculator
Get a convenient online student loan from Barclays
Barclays offers students loans of between £300 and £10,000 at a Representative 6.2% APR.
With Barclays, you can get an affordable student loan to further your career and you don’t have to make any repayments while you're still studying. While you're still studying the government will pay the interest on your student loan so you can study with peace of mind and thereafter, specifically 2 months after you’ve finished studying, the rate will be 9.9%.
You can select a loan term of between 12 and 60 months and you’ll be paying a fixed amount every month so you can budget with ease. We suggest that you make your student loan application with Barclays at least 3 months prior to the beginning of your chosen course.
Barclays supports students - in a way that matters
Barclays Bank provides a range of support for students - from our affordable current accounts to our specific further studies financing products - we know the value of education and want to begin a lasting relationship with you - the student. After graduation, we will continue to support our students with post-graduation products tailored to suit you during a period of change and instability.
A student loan that takes care of your living expenses
Barclay’s student loans can also cover living expenses while you're studying, and this part of the loan is paid in full to you at the beginning of the loan term. This could be the lifeline you need to ensure your accommodation, food and travel expenses are taken care of so you can focus on your studies. The student loan itself will be paid directly to your learning institution in stages if the total cost of the course exceeds between £2,000. If you choose to leave the course, you will be given 30 days notice requiring you to begin repaying the loan and interest will begin to be charged immediately upon notice.
Top features and benefits of Barclays student loans
- A loan between £300 and £10,000
- Pay for your course and for your living expenses while you're studying
- Select a repayment term that suits you and your course of choice – from 12 to 60 months
- 0% interest on your student loan while you're studying – the government pays the interest
- 1 month after completion of your course interest of 9.9% per annum is applicable
- No repayment while you're still studying – first payment due 2 months after completion of your course
- We don’t penalize you for early repayment – adjust the loan term to a shorter or longer period to suit your income and needs
- We don’t charge you any set up fees or other hidden costs
- If you quit your course we will give you 30 days notice of your new repayment commencement date
Barclays is a trusted & reliable provider of student loans
In our review, Barclays adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.
Barclays is a registered credit provider in the UK; FCA number 759676
Customer Reviews & Testimonials
I thought getting the money to finance my education was going to be hard, but Barclays made it anything but. I thank you for helping me every step of the way, I truly appreciate it.
— Cambridge —
I’d been thinking about going back to school to further my studies but the issue of finance was what always held me back. After speaking to a Barclays consultant, I’m beyond relieved and excited ...
— Durham —
When I needed help with my application, it was very easy to get hold of a consultant who guided me until I completed everything.
— Lancaster —
Barclays Contact Details
- 3 Castle Street Dumfries Scotland DG1 1DJ United Kingdom
- Get Directions
- Monday 09:30 – 16:30
- Tuesday 09:30 – 16:30
- Wednesday 10:00 – 16:30
- Thursday 09:30 – 16:30
- Friday 09:30 – 16:30
- Saturday – Closed
- Sunday – Closed