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Further Education loan

11.9% APR Typical on loans of £1000 to £10,000 for up to 5 years* to help with your professional qualifications.

Borrow from £1,000 up to £10,000

Delay your repayments for 48 months**

Choose your repayment period

Find a Lloyds TSB branchIf you have a Lloyds TSB current account you can apply for a Further Education loan at your local branch.
Further education loan important information

Features & Benefits

Borrow from £1,000 up to £10,000*.
Delay your repayments for 48 months so that you can complete your studies**
Take up to 5 years to repay your loan.

View Further education loan rates and charges.

Loan Protection

Our optional Loan Protection could cover your loan repayments if you can't work due to illness, accident or unemployment. You can only take out this valuable reassurance when you apply for your loan so remember to tell us that you want it.

Our Loan Protection has been awarded five stars for quality of cover by Defaqto, an independent financial research company. This rating is based on the features and benefits of our Loan Protection product.

defaqto 5 star award

How do I apply?

To apply for a Further Education loan you’ll need to be a Lloyds TSB current account customer studying full time for a professional qualification.

Your local branch
Our staff at your local branch will be happy to discuss your requirements and will usually be able to give you an answer the same day.

Find a Lloyds TSB branchFurther education loan important information

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Loan Protection
Cover your monthly repayments if accident, sickness or unemployment prevents you from working.

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Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority and signatories to the Banking Codes. FSA authorisation can be checked on the FSA’s Register at: www.fsa.gov.uk/register. Lloyds TSB Bank plc and Lloyds TSB Scotland plc are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service.

* How much we lend and the rate available are subject to our assessment of your circumstances. You must be 18 or over and a UK resident. Loans transferred instantly between the hours of 9:30am and 8:30pm or within 24 hours outside these times.
**Repayment holidays are available if you meet certain conditions. Interest will be charged if you take a break from your repayments or defer your payments, so you will pay more interest overall.

Defaqto is an independent financial research company that scores products for quality across a wide range of features and benefits using a unique benchmarking system. Defaqto then assigns a star rating to each product. The highest rating of five stars is awarded to the top 10% of policies. Our Loan Protection product was awarded a five star rating in February 2007.