• Postgraduate funding options

  • There are a range of schemes available from a number of external organisations which offer financial support and assistance to University of Law students including the Professional Studies Loan Scheme for Legal Studies from Metro Bank or the new postgraduate loan from the Student Loans Company.

    Please look through the funding options below to find out the best option for you. You can also consider a combination of funding options that may be open to you.

    You can spread the cost of your training through our installment scheme; secure a loan to assist with tuition or living costs; or apply for our postgraduate scholarships. We’ve also published a wealth of information on other external organisations that may be able to help you fund your course.

    • mbred-black logo

      The Metro Bank Professional Studies Loan for Legal Studies is exclusively available for University of Law students
      Borrow up to £25,000 to help with course fees and living expenses; no need to repay until six months after you finish your final course

      The Metro Bank Professional Studies Loan for Legal Studies is available for GDL, LPC and BPTC courses at any of our centres and for full-time, part-time and online students who meet Metro Bank’s eligibility criteria.

      You could borrow between £1,000 and £25,000 and only have to start paying it back six months after you complete your study with us (providing you do not take a study gap** between any courses or switch from full time to part time course mid term). For example, if you study our GDL and go on immediately to study the LPC or BPTC with us, there’s no need to commence repayments of your GDL loan until you finish your final course.

      You can apply for a Metro Bank Professional Studies Loan up to six months before your course start date. You must however have accepted an offer before you apply for the loan. Last year 95% of all loan applications submitted by University of Law students were approved by Metro Bank.


      Key features of the Metro Bank Professional Studies Loan for Legal Studies

      • Use the loan to cover all or part of your course fee (minimum £1,000, maximum £25,000*).
      • Borrow up to 20% of your full course fee amount to cover living expenses (subject to the total maximum loan amount of £25,000).
      • Defer repayments until up to six months after you finish your studies with The University of Law (providing you do not take a study gap** between courses).
      • Up to five years to repay from the repayment start date.
      • No early repayment charges.
      • Course fees paid directly to The University of Law – no need to worry about meeting fee instalment dates.
      • Living expenses paid directly to your nominated bank account.
      • Interest will be added to the principal amount during the repayment holiday, including during the course.
      • Should you intermit or defer your study after applying for a Metro Bank Professional Studies Loan, your loan will be affected. All payments yet to be released will be cancelled and your loan will enter repayment after the six month grace period. Once you return to your studies you will need to revisit the funding options available to cover any remaining costs you may have.

      For more information, full eligibility criteria and terms and conditions, please visit Metro Bank’s website.

      Loan Scheme FAQs

      The Metro Bank Professional Studies Loan for Legal Studies is available to any student that has been a resident in the UK for at least three years prior to your application. In addition, you must have the legal right to reside in the UK throughout the full term of your loan. Metro Bank may require you to provide certified copies of identification documentation during your application process. Please see Metro Bank’s website for further details. Students must also have accepted a place, and paid the deposit, on an eligible course at The University of Law before submitting any loan application. The eligible courses are LPC, BPTC and GDL.

      * You can borrow for more than one postgraduate course at The University of Law, providing you do not exceed the total maximum amount available under the scheme (£25,000).

      ** ‘Taking a study gap’ refers to any period of time that delays the finishing of your studies at The University of Law. For example taking any time-out between or during courses, deferring or intermitting any part of the course, switching from a full-time to part-time course mid-term, or discontinuing, cancelling or withdrawing from a course.

    • This page gives details of a wide range of study loans available to ULaw postgraduate students – as well as useful contacts and links to relevant external websites. Please read our policy on external websites.

      Future Finance Student Loans
      Professional and Career Development Loans for LPC and BPTC students
      NEW for 2016 - Student Loans Company Postgraduate Loans Scheme
      Graduate loans for GDL
      US federal and Canadian loans

      Future Finance Student Loans 

      Future Finance is an alternative source of financing for students.

      Loan highlights

      • Loans are offered from £2,500 - £40,000 to cover both tuition and living costs
      • Loans are offered to UK, EU and even international students with a UK domiciled address
      • Loans are available to students studying at an undergraduate or postgraduate level
      • Loans are repayable up to 10 years and three months after graduation
      • Students can apply for up to four payment breaks of three months each during the loan period
      • Representative 10.8% APR (variable) 

      Further details of eligibility requirements, interest rates and other key terms of the loan are available by visiting the Future Finance website

      How to apply

      Students with an offer can submit an application online up to nine months prior to course start.

      You would need to submit an application via the Future Finance website.  

      The University of Law will be required to verify your enrolment on the course before any funding is released; this will be completed after you have undergone registration

      Any loan funds requested for tuition will be released directly to The University of Law to be applied towards your tuition.

      Professional and Career Development Loans for LPC and BPTC students

      Professional and Career Development Loans are commercial bank loans that you can use 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 loan product. You can use the loan 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, please visit the GOV.UK website or contact the National Careers Service on 0800 100 900. 

      Our learning provider identification number is: 21079.

      How to apply

      The learning provider registration number you will need to receive an application form for The University of Law is: 21079.

      Please note if you are attending the accelerated version of the LPC course, this course has been registered for a PCDL loan but the title you should complete on your application form is LPC FT - not adding the accelerated reference.

      If you are studying one of our postgraduate courses we will be newly running in September 2016, you will not be eligible for this loan as the course must have been running for one academic year to qualify for this support.

      All forms for certification must be signed by a member of the centre finance team after you have started your course. You can either take the forms to a drop-in or send to us by post. 

      Students in receipt of a PCDL must provide the centre with a payment schedule or Stage Funding document confirming the fee loan payment dates to the University to allow us to update your fee account with the relevant details.

      Student Loans Company Postgraduate Loans Scheme

      The Student Loans Company are launching a new form of support that will be available to postgraduate students from September 2016 onwards. Students will need to meet the personal and course eligibility to qualify for this support. Please note that some of the courses running at the University of Law will not qualify for this support in September 2016.

      Loan highlights

      Loan of up to £10,000 for FT study (£5000 per annum for a PT course up to a maximum of two years)
      Not means tested so the loan amount awarded is not dependant on current earnings
      Once in a lifetime loan so will only be awarded once to an Individual person
      The loan is a contribution towards overall costs (not earmarked for fees or living costs)
      Loan funds are paid directly to the student in 3 instalments per academic year (payments at start of academic year (AY) then usually at the end of January and April)
      No repayment required during study and only start once the student starts earning over £21,000
      Interest rate is RPI plus 3 so currently would be 3.9%

      Eligibility for loan programme

      • Student must be under 60 years of age
      • not in default of previous SLC loans or deemed unfit to receive the loan. 
      • attending an eligible course at an eligible institution. Student must be attending a Masters course that is at least a year in length. (currently our LPC, BPTC and GDL programs do not meet this criteria as they are classed as professional development programs
      • if the student is attending a part time or distance learning course; these courses are eligible for support as long as the student studies at least 50% of the full time content in the first year
      • be a UK national that is resident in England or an EU national resident in England to attend a PG course. UK nationals resident in Scotland, Wales, Northern Ireland are not eligible for this loan
      • must not have an equivalent or higher qualification to qualify (so not already have an Ma/LLM or MSc or doctorate).

        Students can apply for this loan online from early Summer 2016. As more details are released about this program we will update our information so please do keep checking these funding pages.

      Graduate loans for GDL

      Graduate loans are available from the majority of high street banks. You may apply to borrow from £1,000 up to £15,000. Loans are subject to status and assessment. 
      Further information on graduate accounts and loans.

      US federal and Canadian loans

      The University of Law is a private institution and due to our structure, we do not meet the criteria for US students to secure federal loans.

      If you require funding to assist in covering your costs at The University of Law, you may wish to approach lenders regarding any private loans, which are offered at more commercial rates of interest and would be affected by your credit rating.

      Canadian Nationals however will be able to apply for support in the form or loans and/or grants through the Canadian provinces. All our centres and courses are currently eligible for support through this system. Please bring all copies of any paperwork that require certification into the Student Services team at your centre or e-mail copies to our central Student Funding team: funding@law.ac.uk.

    • The University of Law offers a range of flexible payment options to help you pay for your postgraduate course. We give you peace of mind by spreading out the tuition fee payments and arrange payments by direct debit. 

      Fees and instalment schedules for our postgraduate courses

      How to apply for the instalment payment plan

      If you’ve already accepted your place at The University of Law, please e-mail: admissions@law.ac.uk with your preferred instalment plan and payment method. 

      If you wish to change your instalment plan, please e-mail admissions@law.ac.uk

    • University of Law postgraduate scholarships
      For more information on scholarships available exclusively to University of Law postgraduate students, please visit our postgraduate scholarships page.
    • This page gives details of a wide range of funding options available to postgraduate law students – as well as useful contacts and links to relevant external websites. Please read our policy on external websites.

      Local authority grants
      Charities and grant-making trusts
      Funding for trainee solicitors
      Funding for trainee barristers
      Study bursaries for LLM students

      Local authority grants

      Some authorities provide financial assistance. For further information, contact your local authority.

      Charities and grant-making trusts

      There are numerous organisations that provide financial support to students. For further information, contact the Education Grants Advisory Service by e-mailing egas.enquiry@fwa.org.uk    

      Funding for trainee solicitors
      Employer sponsorship

      Some law firms and other employers sponsor their trainees, paying course fees and living expenses. For further information see The Training Contract and Pupillage Handbook or visit www.lawcareers.net. Some firms also offer part-time study training contracts (PTS TC) combining part-time study (GDL and/or LPC) with full-time work, half of which can be counted towards the two years required to complete a training contract. For further information visit the Solicitors Regulation Authority website.

      Law Society bursary scheme

      If you have no other funding, you may be able to get a bursary from the Law Society. Applications must be made by April of the year you start your course. For further information call 0870 606 2555, e-mail mailto: bursaryapplications@lawsociety.org.uk or visit the Solicitors Regulation Authority website 

      Funding for trainee barristers
      Inns of Court scholarship

      Partial funding is available from the Inns of Court for qualifying pupils, GDL or BPTC students. For more information, visit the website of your chosen Inn.

      Barristers’ chambers

      All chambers should award a minimum grant of £12,000 over a one-year pupillage. For further information, see The Pupillages Handbook available from the Bar Standards Board website

      HSBC Bar student loan package

      HSBC has withdrawn the Bar loans scheme. The Bar Council is in the process of trying to establish a similar scheme with an alternative bank.  

      Study bursaries for LLM students

      Postgrad Solutions Ltd is offering two Global LLM Study Bursaries, each to the value of £500. They are open to both international and UK students, and aim to help students fund their chosen Master of Laws programme.

      Further information and details of how to apply

      Further information on funding postgraduate study

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