Close Protection Training
Funding Options for Close Protection Training
Introduction to Funding Options for Close Protection
Due to the fact that the course is residential and over a given time frame, CTR Services has made attempts to create funding options to suit all types of student. We believe that our training should be made available to everyone and the funding options below allow students the ability to learn now pay later.
Armed Forces Personnel Resettlement Grants
We are recognised by the Enhanced Learning Credits Scheme and Military Resettlement No: 1989
Civilian Personnel Career Development Loan Scheme
We are recognised by the Learning Skills Council and our number is: 12197
Quite simply, a CDL is a deferred repayment bank loan to help you pay for vocational learning or education.
- You can borrow anything between £300 and £8,000 to help you fund up to two years of learning plus (if relevant) up to one year’s practical work experience where it forms part of the course.
- The Department for Education and Skills (DFES) pays the interest on your loan while you’re learning and for up to one month afterwards. If you finish the course before the agreed date, the repayment holiday will end up to one month after your last day of training.
- You then repay the loan to the bank over an agreed period at a fixed rate of interest.
- CDLs are available through three high street banks: Barclays, The Co-Operative and The Royal Bank of Scotland. You do not need to be an existing account holder but the bank may require you to an open an account with them.
Anyone aged 18 or over can apply for a Career Development Loan subject to the following rules and subject to meeting the requirements of the Bank to which they are applying.
To qualify for a CDL you must be ordinarily resident in Great Britain (ie England, Scotland or Wales) and you have an unlimited right to remain in the United Kingdom (UK). You will not qualify for a CDL if your right to remain within the UK is subject to any restrictions, eg. If you hold a study visa. You must intend to work within the European Union (EU) or in Iceland, Norway or Liechtenstein once you have finished your course. You cannot apply for a CDL if you have reasonable or adequate access to funds to pay for the course yourself.
How will I receive my loan?Your course fees are paid direct to your learning provider by your chosen bank once you have started your course.
Can I apply to more than one bank?You can only apply to one participating bank at a time.
How will the bank decide about my application?As with all loans, the bank will take a number of factors into account when assessing your application. They will check that you meet the eligibility criteria for the programme and will want to feel confident that you will be able to repay the loan when you have completed your course
CTR Services Ltd LEARNING PROVIDER NUMBER - 12197. Remember that if you need help and advice, it's available from:
The CDL Information LineFREEPHONE 0800 585 505