Career Development Loan

It's not often the Government gives you a break.

However, if you take out a Career Development Loan it will pay your interest while you study.

The loan is ideal if you want to take a vocational course (full time, part time or distance learning) to improve your career prospects but need a bit of financial help.

0845 609 0060* or pop into a branch.

What you need to know:

• You can borrow from £300 up to £8,000.
• Typical example:
  Borrowing £4,500 for a 12-month course.
  Loan amount - £4,500 repayable by 24 monthly repayments of £213.54.
  Total amount payable - £5,124.96
  6.3% APR typical.
  This example assumes that the course runs for 12 months, starting 1 March 2006. You can get an interest holiday of 13 months (thereafter interest will be charged at a fixed rate of 12.9%) and repayments start on 1 May 2007.
• Your payments remain fixed when the loan is agreed.
• Interest-free for up to one month after the end of the course. After the interest holiday, the rate is 12.9%.
• You pay back nothing until two months after your course ends.
• You can repay the loan over a period of 12 to 60 months.
• Subject to application and status.

* Lines are open Monday to Friday 9am-7pm. To maintain a quality service, we may monitor or record phone calls. Read call charges info.

To apply for a Career Development Loan, you'll need to visit your local branch:

 Find a branch

If a Career Development Loan isn't right for you, we have some other personal loans that could be:

 Personal loans from Barclays
 Homeowner loan
 Graduate loan

 Eligibility criteria
 Other loans from Barclays