- Sep 7, 2024
- 500
- 1,144
Hi @Jessica Booker,
If a firm stipulates that all future trainees should do the SQE together (in-person) at BPP or ULaw London (depending on who they have partnered with), and they offer a maintenance grant worth X (e.g., £20,000), is it ever possible for firms to offer additional financial support to people who live very far from London AND are from a socially mobile background? It seems that most firms offer a standard maintenance grant to all future trainees, which doesn’t take into account personal or financial circumstances?
Do you know of any instances where city law firms have offered additional support, either as a grant/bursary or interest-free loan? How do firms deal with future trainees who may be of a particular faith or religion, where they can’t take out on an interest-based loan from student finance, due to their religious beliefs? Also, is it true some firms request their future trainees to not work part time whilst studying the SQE? If so, how do people usually survive in London (I don’t really know how expensive London is but I have heard it is really bad, especially rent prices)?
Apologies for the long question. 🥲🥲
Hiya @Chris Brown
I've got very little to add to the sage advice of @Jessica Booker. However, from what I've gathered from having spoken to friends of mine on the SQE, some firms do offer interest free loans and additional financial support but sometimes choose not to publicise such benefits. Others, by contrast, have made it more widely known. I've spoken to trainees at firms such as Cleary, Ropes & Gray, and Jones Day, who've all mentioned that similar types of support do exist for some of their future trainees. For your reference, I've also included a link to an article outlining the maintenance funds provided by other firms for trainees undertaking the SQE. Some of the entries mentioned in the link also state whether or not a firm does offer support in addition to any maintenance fund it offers to SQE/GDL students. I hope this helps!