Professional Trainee Loan (PTL) for College of Law students

You don't need to make any repayments while studying ¹, plus you:

• can borrow up to £25,000, if you're studying full-time
• can choose a fixed or variable interest rate
• can draw the loan in one lump sum or instalments
• use up to £3,000 to repay existing debts
• have up to ten years to repay your loan ²
• don't have to pay any arrangement or administration fees

Please note: this loan is available to full- or part-time students of the College of Law studying the GDL, LPC or BVC.

View a summary of our College of Law rates and charges.

Please read this important legal information

1 Early repayment fee may apply. If a repayment holiday is agreed, interest will continue to accrue during this period.
2 Total term of the loan, beginning from the first drawdown date must not be more than ten years. Length of repayment holiday after you've finished studying is dependent on course taken and your particular circumstances. For more details, please speak to a Graduate Manager. You don't need to bank with us to apply, but in order to take out the loan you'll need to open and maintain your main banking relationship with us. You need to be a UK or EU national to apply.