Ashburton Chefs Academy

Finance Your Cookery Course

We offer two course finance options for prospective UK students - Pay4Later and the Professional & Career Development Loan. Both offer affordable repayment plans to help you spread the cost of your Chefs Academy course.

Pay4Later

Loan Summary

  • Finance available on all Chefs Academy courses
  • Get an instant decision on finance
  • Fixed APR of 12.9% over 1, 2, 3 or 4 years
  • Repayments start 1 month after you start your course
  • No fees for early repayment.
  • Parents can finance a child (over 18 years)

Call Customer Service on (01364) 652784 to start your application.

Representative Examples

The examples below illustrate the finance plan for the Certificate in Professional Cookery costing £2950.00

Certificate in Professional Cookery

24 Month Plan

Payments
£121.87 P/M
Duration
24 Months
Interest Rate
9.9% APR
Course Cost
£2,950
Deposit
£295.00
Cost of Credit
£269.88
Total Payable
£3,219.88
Call (01364) 652784 to Apply

Certificate in Professional Cookery

36 Month Plan

Payments
£88.43 P/M
Duration
36 Months
Interest Rate
12.9% APR
Course Cost
£2,950
Deposit
£295.00
Cost of Credit
£528.48
Total Payable
£3,478.48
Call (01364) 652784 to Apply

Certificate in Professional Cookery (Residential)

36 Month Plan

Payments
£115.70 P/M
Duration
36 Months
Interest Rate
12.9% APR
Course Cost
£3,860
Deposit
£386.00
Cost of Credit
£691.20
Total Payable
£4,551.20
Call (01364) 652784 to Apply

The examples below illustrate the finance plan for the Diploma in Professional Patisserie costing £14,950.00

Diploma in Professional Patisserie

24 Month Plan

Payments
£617.63 P/M
Duration
24 Months
Interest Rate
9.9% APR
Course Cost
£14,950
Deposit
£1,495.00
Cost of Credit
£1,775.16
Total Payable
£16,318.12
Call (01364) 652784 to Apply

Diploma in Professional Patisserie

48 Month Plan

Payments
£355.60 P/M
Duration
48 Months
Interest Rate
12.9% APR
Course Cost
£14,950
Deposit
£1,495.00
Cost of Credit
£3,613.80
Total Payable
£18,563.80
Call (01364) 652784 to Apply

Diploma in Professional Patisserie

48 Month Plan

Payments
£294.95 P/M
Duration
48 Months
Interest Rate
12.9% APR
Course Cost
£14,950
Deposit
£3,840.00
Cost of Credit
£2,997.60
Total Payable
£17,997.60
Call (01364) 652784 to Apply

The examples below illustrate the finance plan for the Professional Culinary Diploma costing £15,950.00

Professional Culinary Diploma

24 Month Plan

Payments
£658.95 P/M
Duration
24 Months
Interest Rate
9.9% APR
Course Cost
£15,950
Deposit
£1,595.00
Cost of Credit
£1,459.50
Total Payable
£17,409.80
Call (01364) 652784 to Apply

Professional Culinary Diploma

48 Month Plan

Payments
£379.39 P/M
Duration
48 Months
Interest Rate
12.9% APR
Course Cost
£15,950
Deposit
£1,595.00
Cost of Credit
£3,855.72
Total Payable
£19,805.72
Call (01364) 652784 to Apply

Professional Culinary Diploma

48 Month Plan

Payments
£295.08 P/M
Duration
48 Months
Interest Rate
12.9% APR
Course Cost
£15,950
Deposit
£4,785.00
Cost of Credit
£2,998.84
Total Payable
£18,948.84
Call (01364) 652784 to Apply
Ashburton Cookery School Ltd acts as a credit intermediary and only offers credit products from Pay4Later Ltd. Credit provided subject to age and status.

Pay4Later Frequently Asked Questions

Finance offers a structured repayment plan at a fixed rate to allow you take spread the cost of a cookery course with us.

Course finance for our Chefs Academy courses can enable you to fast-track your career development with manageable payments rather than having to pay up front.

The rates of interest are typically lower than a credit card and you can pay off the loan early without penalty.

  • You must be 18 years old or over.
  • In regular full or part time employment (minimum 16 hours per week, unless you are retired or a house person with a spouse in full time employment).
  • Be a permanent UK resident and able to supply a UK address history for the last 3 years.
  • You must have a UK bank account capable of accepting Direct Debits.
  • No adverse credit history (no CCJ's, IVA's or bankruptcies).
  • The deposit must be paid using a credit or debit card.
Customers from outside the UK cannot apply for finance for our courses.

Yes, as long as you are over 18 and your parents/partner qualify for finance they can take out finance for a course for you to take. They would be fully liable for the loan.

Yes, if you are choosing our accommodation option this can be included in the overall cost of the loan. We cannot finance other accommodation options.

Yes, just tell us the courses that you want to do, and the duration of the payment plan you wish and we will create the finance plan for you.

You will be required to make a 10% deposit of the course fee up front, regardless of the training course and duration of finance offer.

On our Chefs Academy courses you can pay a larger deposit of up to 50% to create a payment plan that best suits you. Contact us to discuss your requirements.

You have a 14 day 'cooling-off' period from the date you sign your agreement to change your mind about the loan. After this period our standard cancellation policy will apply. If you start the course before your 'cooling off' period ends you are deemed to have accepted the terms and conditions of the loan.

Your application should take around 5 minutes over the phone. You will be asked around 5 or 6 basic questions and will then be sent an online link for you to complete your application. Once you have been approved by Pay4Later simply pay your deposit and we will send out all of your confirmation details.

Pay4Later is an online finance gateway that links retailers and finance companies. Pay4Later works with reputable, established finance companies including RateSetter. Pay4Later is a UK limited company, licensed by the Financial Conduct Authority (Consumer Credit Licence: 0616240). For more information please visit http://www.pay4later.com/

Monthly repayments are taken by direct debit. Your finance agreement starts from when you receive your confirmation details after booking the course and you don’t start repaying your loan until a month after the start of your cookery course.

Yes, you can pay off you loan early and not be penalised or charged any more than outlined on your initial plan.

If you miss a repayment instalment you will be charged a fee dependent on your credit amount and interest free time period. This will be outlined in your Terms and Conditions document that will be sent to you by Pay4Later.

Consumer credit service provided by Pay4Later in association with Retail Money Market Ltd trading as Ratesetter. Pay4Later is licensed by the Financial Conduct Authority (Consumer Credit Licence: 0616240). For more information please refer to our frequently asked questions or visit http://www.pay4later.com/.

Ratesetter is authorised and regulated by the Financial Conduct Authority (FCA) with the reference number 633741. Ratesetter is not covered by the Financial Compensation Scheme. Registered offices are at 406 Great Guilford Business Square, 30 Great Guilford Street, London SE1 0HS. For more information please visit http://www.ratesetter.com/

Explore Further Loan Options:

Professional & Career Development Loan

Professional & Career Development Loan

Loan Summary

  • Commercial Bank Loan up to £10,000
  • No interest on loan while you are studying on the course
  • Repayments start 1 month after the end of course

Professional and Career Development Loans are commercial bank loans that can be used to help pay for work related learning. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year's relevant unpaid practical work).

The Government will pay the interest on the loan while you are learning and for one month afterwards. You will then need to start repaying the loan as you would any other commercial loans product. The loan can be used to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries.

As the Professional and Career Development Loan is a commercial loan product, you should make sure you have investigated all the funding options that may be open to you to ensure you take an informed decision about whether the Loan is right for you.

For further information on financial assistance to support your learning, visit www.direct.gov.uk/adultlearning or contact Next Step on 0800 100 900.

Our learning provider registration number is: 20908.

Eligible Courses:

Who can apply?

To apply you must:

  • be UK residents
  • be aged between 18 and 69 years of age
  • not had any County court judgments (CCJs), been declared bankrupt or defaulted on any credit agreement in the last 6 years.
  • plan to work in the UK, European Union (EU) or European Economic Area (EEA) after the course
  • not have reasonable or adequate access to funds to pay for the course yourself

Notes on applying for a loan

These notes have been added by the Chefs Academy for student clarification.

  1. There are two banks that currently offer the scheme, The Co-operative Bank and Barclays Bank.
  2. You will be required to complete an application form from your chosen bank, referencing our learner provider registration number.
  3. Loans availble from £300 to £10,000 over 1 to 5 year terms.
  4. The earliest you can submit an application to the bank for a PCDL loan is 6 weeks prior to the course start date.
  5. Typically the loan approval process by the banks takes 2 weeks but can take longer.
  6. Once approved by the bank you will be issued with a loan agreement between yourself and the bank and a course start notification form that the Academy returns to the bank.
  7. Please be aware that your place is not guaranteed on the course until you have a letter of confirmation of your loan from the bank.
  8. After the start of the course the bank will transfer to the Chefs Academy your course fees.
  9. You will be responsible for maintaining the loan payments as per your agreement with your chosen bank.

If you have any questions, please contact us.

Apply now

There are currently two banks offering these loans:-

Our Learning Provider Number is 20908


Explore Further Loan Options:

Pay4Later