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Formerly Sovereign Bank, Santander Bank is a wholly owned subsidiary of Spanish Santander Group. Established in Spain though today headquartered in Boston USA, Santander continues to show growing commitment to technological innovation and product flexibility. Santander is also the international banking group with the largest branch network, with an impressive 14,680 branches worldwide.

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      • Compare Santander Loans
      • Best Development Finance Rates
      • Development Finance Comparisons
      • Property Development Finance
      • Whole Of Market Finance Broker
      • Fully FCA Regulated Loans
      • Compare over 75 Lenders

      Career Development Loans from Santander

      Professional Career Development loans are bank loans to fund courses that help with your job or help get you into a specific employment role. You may be able to borrow between £300 and £10k. Career and professional development loans tend to be offered at a significantly reduced rate of interest and the government pays this interest while you are studying.

      To be able to apply you must:

      • Be over 18
      • Be a British citizen
      • Plan to work in the EEA, United Kingdom or EU once you’ve finished the course
      • Have been living in the UK for at least 3 years prior to your course starting

      To qualify, the course must:

      • Last up to two years, or three years if the course includes one year of work experience
      • Help with your occupation – they don’t have to lead to a qualification
      • Be provided by an organisation on the Professional Career and Development Loan Register
      • You cannot get Professional and Career Development Loans for a first full-time degree

      Repayments and Rates of Interest

      Professional and Career Development Loans are bank loans that have to be paid back. You begin paying back a professional and career development loan 1 month after leaving your course. The government pays interest while you study and for 1 month after you leave your course. After this, you must begin paying back the loan yourself.

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