The University of Law makes up to £10,000 available to LPC students via the Student Loan Company01 August 2016
Graduates looking to establish or further their careers in law can now benefit from additional funding options, as The University of Law’s (ULaw) Masters and LPC programmes are now eligible for postgraduate loans of up to £10,000 via the Student Loan Company, with very favourable terms.
Launched as part of the university’s “100% for You” 2016/2017 initiative – which highlights the institution’s excellence, support, and commitment to students – the loan is now available to applicants enrolling on ULaw postgraduate programmes starting from September 2016. These include the LLM in Professional Legal Practice and the MSc in Law, Business and Management, both of which are enhanced LPC Programmes.
“Many graduates dream of a successful career in the legal sector but are often not able to pursue their goals for lack of funding. At The University of Law, we’re committed to removing those entry barriers and enabling bright and ambitious young people from the most diverse backgrounds to enter the profession,” said Dr Stelios Platis, Managing Director at The University of Law. “In a sector that brought £3.6 billion to the UK in services trade last year, there is clear demand for talented and highly skilled professionals and that’s exactly what we are trying to address.”
Funded by the Students Loans Company, the loan is released directly to students and can be used to help cover fees, maintenance costs, or other costs at their discretion. The loan is available exclusively to British and EU nationals resident in England, and is repayable once graduates earn over £21,000 per annum over a maximum of 30 years.
The application is completed via the UK Government website. Students with an offer from the university can submit an application online up to six months prior to the course start date. Further details of eligibility requirements, interest rates, and other key terms and conditions are available here: https://www.gov.uk/postgraduate-loan/overview.
The University of Law’s new postgraduate loan is only one of the institution’s wide-ranging funding options for both undergraduate and postgraduate applicants. With over £600,000 available in scholarships, student awards and bursaries, ULaw offers the largest combined university scholarship programme available exclusively to law students in the UK today.
“At The University of Law, we stand 100% on the side of our students. As well as having access to the largest scholarship scheme in the legal education sector in the UK, our students will have our full support during their time at ULaw which will help them to enter the job market with confidence,” added Dr Platis.
ULaw’s ‘100% For You’initiative
The new funding scheme is another element of the institution’s ‘100% for You’ 2016/2017 initiative, which aims to highlight the university’s strengths as the longest established and largest legal professional training provider in the country. The campaign launched in June with the new 100% Employment Promise, which offers students half of their tuition fees back in cash and the other half as course credit if they have not secured employment within nine months after graduating from the Legal Practice Course (LPC).
“Our ambition is to train the next generation of top lawyers and leaders, and we want to attract the best of the best. We want to help ambitious, hard-working students from the most diverse backgrounds to turn their theoretical skills into the highly sought-after skills that UK businesses are looking for,” said Dr Platis.
The largest legal training provider in Europe, ULaw also offers the most comprehensive and varied pro bono programme, with over 2,900 opportunities for students to put their skills into practice to better prepare them for the job market. “We are confident we are equipping our students with the skills they need to become some of the most competitive candidates in the legal market and beyond,” commented Dr Platis.
According to Dr Platis, there are further enhancements being implemented across the university’s entire course portfolio as well as robust investment in online learning and specialised modules which will be announced over the summer and throughout the 2016-17 academic year.