We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
PCDL Issue - Any Help?
I am currently in full time employment as a chef and want to change careers to a bookkeeper.
I have been looking at a Personal Career Development Loan as I would have to reduce my hours and do part time temping jobs.
I have a young family of a wife and two children so need to cover the loss of earnings somehow.
The courses I can do are all open learning and therefore have no finish date which means the PCDL won't accept them.
The Learner Providers all have their own loans to cover the costs of the courses but they won't cover the loss of earnings.
I'm at a loss as to what to do so any advice would be helpful, thanks!
Ian.
I have been looking at a Personal Career Development Loan as I would have to reduce my hours and do part time temping jobs.
I have a young family of a wife and two children so need to cover the loss of earnings somehow.
The courses I can do are all open learning and therefore have no finish date which means the PCDL won't accept them.
The Learner Providers all have their own loans to cover the costs of the courses but they won't cover the loss of earnings.
I'm at a loss as to what to do so any advice would be helpful, thanks!
Ian.
0
Comments
-
It would be impossible to get a loan that would cover living expenses when your income isn't high enough to cover those expenses. You'll fail any affordability test.0
-
I am currently in full time employment as a chef and want to change careers to a bookkeeper.
I have been looking at a Personal Career Development Loan as I would have to reduce my hours and do part time temping jobs.
I have a young family of a wife and two children so need to cover the loss of earnings somehow.
The courses I can do are all open learning and therefore have no finish date which means the PCDL won't accept them.
The Learner Providers all have their own loans to cover the costs of the courses but they won't cover the loss of earnings.
I'm at a loss as to what to do so any advice would be helpful, thanks!
Ian.
Only option is to work as many hours as you can, reduce spending here amd there with the aim to safe up enough so you can pay for the course.
Who is the provider of the course ?
You thought of the OU ?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards