updated on 19 January 2015
BPP University has announced a partnership with Future Finance that will offer BPP undergraduate and postgraduate students competitively placed loans to finance their studies while at the institution.
Future Finance Loan Corporation is a specialist student lender, the first of its kind in the United Kingdom. The partnership with BPP will enable students enrolled in any BPP programme (including its LLB, LLM, GDL, LPC and BPTC courses) to benefit from lower charges on loans of between £2,500 and £40,000 for each academic year to help them pay for tuition costs and living expenses. Loan periods are typically 10 years after graduation, although borrowers can pay the loan back at any time.
Carl Lygo, vice-chancellor of BPP University, said: "BPP is committed to promoting excellence in professional education in the United Kingdom by providing our students with the tools they need to boost their prospects and expand their capabilities. We are extremely proud that through our partnership with Future Finance, we will be able to help more students reach their educational and professional goals."
Brian Norton, chief executive of Future Finance, said: "We are delighted to be working with BPP to offer its students a solution to the clear funding gap that exists for those in higher education in the UK. We are the first and only specialist student lender offering tailored solutions to students at UK universities. Our mission is to help students to cover the cost of one of the most important investments they will ever make by providing a straightforward source of specialist finance which is structured to meet their needs."