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Can I apply for budgeting loan

moneysavingsexpert
moneysavingsexpert Posts: 5 Forumite
in Benefits & tax credits
Hi, I am on income based ESA, couple (assessment) rate. We get child benefit & child tax credit. I completed electrical intallations level 2 course & enrolled for level 3 (part-time). As there is no government fund for level 3 course full fee have to be paid in installaments. Paid 280, now I need 900 more. As this course will help my chance to get a job can I apply for budgeting loan?

No savings.
No loan from DWP.
Because the course is part time & we claim 'out of work' benefit I am not eligible for Adult Learning Grant.
Refused Career Developement Loan.

Thanks.
«1

Comments

  • meeeeeeee
    meeeeeeee Posts: 7 Forumite
    yes if you have claimed benefit for over 26 weeks :)
  • cassieB57
    cassieB57 Posts: 506 Forumite
    no you cannot get a budgeting loan to pay for course fees
  • welshmoneylover
    welshmoneylover Posts: 3,324 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    moneysavingsexpert wrote: »
    Hi, I am on income based ESA, couple (assessment) rate. We get child benefit & child tax credit. I completed electrical intallations level 2 course & enrolled for level 3 (part-time). As there is no government fund for level 3 course full fee have to be paid in installaments. Paid 280, now I need 900 more. As this course will help my chance to get a job can I apply for budgeting loan?

    No savings.
    No loan from DWP.
    Because the course is part time & we claim 'out of work' benefit I am not eligible for Adult Learning Grant.
    Refused Career Developement Loan.

    Thanks.

    What about finding work and paying for the course yourself?
    Be happy, it's the greatest wealth :)
  • Indie_Kid
    Indie_Kid Posts: 23,100 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    How long have yoiu been receiving ESA for?
    Sealed pot challenge #232. Gold stars from Sue-UU - :staradmin :staradmin £75.29 banked
    50p saver #40 £20 banked
    Virtual sealed pot #178 £80.25
  • moneysavingsexpert
    moneysavingsexpert Posts: 5 Forumite
    welshmoneylover wrote: »
    What about finding work and paying for the course yourself?

    At the moment not able to work that's why on ESA.
  • moneysavingsexpert
    moneysavingsexpert Posts: 5 Forumite
    sh1305 wrote: »
    How long have yoiu been receiving ESA for?

    Four weeks.
  • Indie_Kid
    Indie_Kid Posts: 23,100 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    How old are you? is this your first level 3?
    Sealed pot challenge #232. Gold stars from Sue-UU - :staradmin :staradmin £75.29 banked
    50p saver #40 £20 banked
    Virtual sealed pot #178 £80.25
  • moneysavingsexpert
    moneysavingsexpert Posts: 5 Forumite
    sh1305 wrote: »
    How old are you? is this your first level 3?

    33. Yes, first level 3 course.
  • Jowo_2
    Jowo_2 Posts: 8,308 Forumite
    I can't answer the budgeting loan question but in the past for similar queries where a person on benefits doesn't stand a chance getting a commercial loan, people have suggested Credit Unions. You'll probably have to be a member for a bit and save with them before taking out a low interest loan but check out the criteria.
  • Indie_Kid
    Indie_Kid Posts: 23,100 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You might be able to get a career development loan - although I'm not 100% sure how these work. Have you talked to the place where you're planning on doing the course?
    Sealed pot challenge #232. Gold stars from Sue-UU - :staradmin :staradmin £75.29 banked
    50p saver #40 £20 banked
    Virtual sealed pot #178 £80.25
This discussion has been closed.
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