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The Further Education Loans (Amendment) Regulations 2015

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EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Further Education Loans Regulations 2012 (S.I. 2012/1818) (the “2012 Regulations”).

Regulation 3 replaces regulation 11 of the 2012 Regulations and includes a condition that an application for a fee loan in connection with a further education course beginning on or after 1st August 2015 must reach the Secretary of State before the applicant completes the further education course for which support is required.

Regulation 4 replaces regulation 16 of the 2012 Regulations and refers to the funding matrix in the document published by the Skills Funding Agency on 5th February 2015 entitled “Funding rates for 24+ Advanced Learning Loans designated qualifications 2015 to 2016, Version 1” as one basis for establishing the maximum amount of a fee loan in respect of a further education course beginning on or after 1st August 2015. The document is available from the Gov.uk website at https://www.gov.uk/government/publications/funding-rates-for-24-advanced-learning-loans-designated-qualifications-2015-to-2016 or from the Skills Funding Agency, Cheylesmore House, Quinton Road, Coventry CV1 2WT.

An impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen. The Explanatory Memorandum is published with these Regulations on www.legislation.gov.uk.

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