Professional Trainee Loan Scheme

Get help covering your training course or living expenses with our preferential interest rates, if you're studying full-time for a professional qualification to become one of the following:

• barrister
• chiropodist or podiatrist
• chiropractor
• dentist
• doctor
• optician
• osteopath
• pharmacist
• physiotherapist
• solicitor
• veterinary surgeon

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

• can borrow up to £20,000 (£25,000, if you're studying full-time for the Graduate Diploma in Law (GDL), Legal Practice Course (LPC) or Bar Vocational Course (BVC))
• can draw the loan in one lump sum or instalments 
• don't have repayments for at least six months after you finish your course ²
• have up to ten years to repay your loan ³
• can choose a fixed or variable interest rate
• don't have to pay any arrangement or administration fees
• can borrow up to the cost of your course fees if you're studying part-time for a GDL, LPC or BVC

View a summary of our Professional Trainee Loan Scheme rates and charges.

Please read this important legal information

Please note: you can apply if you're still waiting to hear about your place on your course.

1 Early repayment fee may apply. To apply for a loan as an undergraduate, you must be in at least your second year of full-time study. If you are studying to become a solictor or a barrister you must already have graduated from your undergraduate degree and secured an offer of a place on a GDL, LPC or BVC course before you can formally apply, although you may discuss your proposed application with us at any time. If a repayment holiday is agreed, interest will continue to accrue during this period.
2 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.
3 Total term of the loan, beginning from the first drawdown date must not be more than ten years. 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.

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