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23/03/2023 - UK Government to Provide Adults with £37,000 Lifelong Loan for Education and Training
UK government announces new Lifelong Loan Entitlement system providing adults with loans to use flexibly for education and training throughout their working lives, in a radical overhaul of the student finance system.
The UK government has announced an overhaul of the student finance system, with the introduction of the Lifelong Loan Entitlement (LLE) from 2025. This new system aims to empower adults to upskill or retrain throughout their working lives, with loans worth the equivalent of four years of post-18 education (£37,000) available to be used flexibly to suit their circumstances.
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