What we Offer
Swift are excited to share that we are now able to offer the new Early Years Educator qualification: Level 3 Diploma for Working in Early Years Sector.
This new Diploma has been written to meet the most current needs of the industry and is now one of very few qualifications that meet ratio requirements within nurseries.
Swift’s EYE Diploma is delivered over ten months through a variety of live online delivery sessions, guided research and a few workplace assessments.
The cost of the Diploma with Swift is £4,100 and can be covered by a student learner loans which we will help you to secure.
Eligibility
The decision to take out a loan is merely an individual choice, so no need to ask permission from the employer, although we would like to know they support you, as we will need to complete observations in the workplace.
The Student Loan Company does not consider individuals income and there are no credit checks carried out.
Student loans don’t go on your credit file – we recognise that this can be a worry for those who are looking to apply for a mortgage.
You can take out up to 4 loans in your lifetime as long as it is not for the same qualification and level as you have previously enrolled to.
Applicants must be…
- Aged 19 or over on the first day of your course (there’s no upper age limit)
- Living in the UK on the first day of your course and have lived in the UK for three years immediately before this.
- UK or EU National or have a ‘settled status if you’re a non-EU National’ in UK (this means there are no restrictions on how long you can stay)
How to apply for a learner loan
You will need to submit an application to the Student Loan Company (SLC). Apply online – you’ll need to register first.
To complete the application you will need a Learning and funding information letter from Swift.
Fill in the ‘Application form for students who start on or after 1 August 2024’.
You’ll get a letter confirming your loan application outcome – usually within 2 weeks if you apply online.
When and how repayments are made?
You’ll only start making repayments from April 2026 and only when your income is over the threshold of £480 a week, £2,083 a month or £25,000 a year. You will pay 9% of your income that is over the threshold amount.
Your income is the amount you earn (including things like bonuses and overtime) before tax and other deductions.
The threshold amounts change on 6 April every year.
Your repayments automatically stop if either:
- you stop working
- your income goes below the threshold
Example
If you have an income of £30,000 a year, you would be paid £2,500 each month, before tax and other deductions.
The repayment calculation in this example would be:
£2,500 – £2,083 (your income minus the threshold amount) = £417
9% of £417 = £37.53
In this example, the amount you’d repay each month would be £37.53.
Let’s Talk!
Ready to take the next step in your career? Explore our flexible Learner Loans options today and invest in your future without the financial burden.
Complete the form and we’ll be right back in touch to give you all the details about how you can get started on your journey to success!
Any Feedback?
feedback@swiftcc.co.uk
