Postgraduate Funding Options
If you’re planning on studying a postgraduate course with us, there are a range of funding options offering financial support and assistance available to enable you to realise your career aspirations:
- Student Loans Company Postgraduate Loan worth up to £10,609, which you could be eligible for if you study our MAs, our LLMs, our MScs or our LPC Master's or BPTC Master's. Students can also consider Future Finance or Career Development loans depending on your course of study.
- Access to the UK’s largest University law scholarships, awards and bursaries fund. With £600,000 available to students on our 2018/19 courses, we're enabling more students from more backgrounds to achieve their ambitions.
- 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.
For 2018/19 academic year, every area of the UK is offering a Postgraduate loan support by the government to assist towards the cost of a higher education course. You need to apply to the region you reside in and each region will offer slightly different support.
For students to be eligible for funding from Student Finance England, they must be studying on an eligible course at a provider registered with the Office for Students (OfS). The OfS is the new independent regulator for higher education in England and all higher education providers need to register with the OfS for their students to be eligible for student support in the 2019-20 academic year. The OfS will start publishing providers on its Register from November 2018. We have made an application to register and expect a decision by January 2019. No provider will be able to confirm whether student support is available until it has a decision from the OfS. Visit www.officeforstudents.org.uk for more information.
Student Finance England and Wales
- Loans are available up to £10,609 towards study costs; it will be at the student’s discretion to use the loan towards fees, maintenance costs or other costs;
- Students must be UK national resident in England or Wales only or EU nationals resident in England on the first day of first academic year but within with EEA throughout the preceding three years.
- Students should be attending their first Master's course in order to qualify.
- Loans are available to students studying Master’s degree courses (MA, LLM or MSc) only – professional certificate or diploma courses are not eligible for the loan.
- Loans are repayable once you earn over £25,000 per annum and will be repaid over a maximum of 30 years.
- Interest rates are 3% above RPI, indicative interest rate for 2017/18 was 6.1%.
Further details of eligibility requirements, interest rates other key terms of the loan and information for students from other areas of the UK are available by visiting www.gov.uk/student-finance.
Future Finance Student Loans
Future Finance is the UK's largest private student lender and the best source of funding for your education after Government loans.
About Future Finance loans
- Loans are offered from £2,000 - £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
How to apply
Students can submit an application online up to six months prior to course start. You can get started by submitting an application via the Future Finance website to see if you're eligible
The University of Law will be required to verify your attendance on the course before any funding is released; this will be completed after you have attended registration at The University of Law
Any loan funds requested for tuition will be released directly to The University of Law to be applied towards your tuition and loans for living costs will be paid directly to you.
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.
Please note – this loan scheme will be closing for new applicants at the end of January 2019.
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.
Contact your bank for more information of any support they can provide.
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. Information on the range of different instalment plans that we offer can be found on our website.
How to apply for the instalment payment plan
If you’ve already accepted your place at The University of Law, please e-mail: firstname.lastname@example.org with your preferred instalment plan and payment method.
If you wish to change your instalment plan, please e-mail email@example.com
University of Law postgraduate scholarships
Our postgraduate scholarships are part of the UK’s largest University law scholarships, awards and bursaries fund. With £600,000 available to 2018/19 courses we’re giving 100% support to our students and enabling them to achieve their ambitions.
Financial contributions are available towards all postgraduate course fees and are available to those whose circumstances may otherwise prevent them from entering the legal profession. This may include those who do not possess the traditional qualifications or means to study at university.
To find out more about the scholarships we offer and to register your interest, contact: firstname.lastname@example.org
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.
- Local authority grants
- Charities and grant-making trusts
- Funding for trainee solicitors
- Funding for trainee barristers
- Study bursaries for LLM students
There are numerous organisations that provide financial support to students. For further information, contact the Education Grants Advisory Service by e-mailing email@example.com
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 (0) 20 7242 1222, e-mail firstname.lastname@example.org or visit the Solicitors Regulation Authority website.
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.
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.
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 on funding postgraduate study