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6

Fees & funding 

Fees

UK/EU students - £6,000 per annum
International students - £10,500 per annum

Scholarships and bursaries are awarded by the Scholarships, Bursaries and Grants Committee. View the policy for awarding Scholarships, Bursaries and Prizes (This is currently under review and subject to change).

Funding options

Government grants and loans can help to cover student tuition fees and living costs. Financial support and applications are available for students from the UK, Northern Ireland, Scotland, Wales and EU countries.


  • Tuition fee loan - Covers your full tuition fees and is paid directly to the learning provider which means you will not have to pay the tuition fee prior your studies commencing or during your course.
  • Maintenance loan - Students can apply for a further loan to assist with living costs, the final amount will depend on your household income.

Additional support is available to disabled students, those facing financial hardship, single parents and those with children or adult dependents.



Find out more from the Student Loans Company

Full–time students with a family income of £40,000 or less could be eligible for a Bursary. The amount available depends on household income. (International, European, Channel Islands and Isle of Man students are not eligible.)

Household income Amount available

Up to £25,000

£1,000.00

£25,000 to £30,000

£650.00

£30,000 to £40,000

£300.00

Application procedure

  • Apply to Student Finance England for a maintenance loan and grant and they will undertake an assessment of your household’s income.
  • Meet the eligibility and criteria requirements in the Bursary Terms and Conditions
  • When applying to Student Finance England you will be asked to give consent, both personally and from your family, for your family income data given to Student Finance England to be shared with us.
  • You must meet the minimum attendance requirement of 85% in lectures and seminars throughout the academic year. NB three late arrivals will be classed as one non attendance.

Once this information from Student Finance England has been received, we can then determine your eligibility for a bursary. Bursaries are awarded automatically - no application is required.

A bursary has been introduced by The London Institute of Banking & Finance to help support asylum seekers in the UK wishing to pursue a career in banking and finance. Up to two students per year will be supported through a bursary (tuition fee waiver)per year which is subject to an annual review. The bursary has been introduced for Asylum Seekers who cannot access student funding from the Student Loans Company.

To be eligible you must meet the following criteria:

  • Hold an unconditional offer to study one of our full-time undergraduate degree programmes (as of the main August Results Day)
  • Have submitted an application for asylum in the UK that is pending decision, or have an appeal against refusal of an application pending
  • Not be eligible for a Tuition Fee Loan from the Student Loans Company.

In order to be considered for the Asylum Seeker bursary you must:

  • Submit a 500 – 600 word statement indicating why the student wants to work in banking and finance
  • Provide evidence of your residential status

Applications /enquiries are made through the Full-time Programmes Team, email: ftp@LIBF.ac.uk.

A number of first year cash achievement awards are available to recognise and reward high academic achievement by students who have already studied with us. These are awarded upon in your first semester to the highest achieving students of our Certificate and / or Diploma in Financial Studies qualifications.

  • Certificate in Financial Studies (CeFS), are in the top 1% of students in their year of study and achieve all 'A' grades in their units. Amount £750
  • Diploma in Financial Studies (DipFS), are in the top 1% of students in their year of study and achieve all 'A' grades in their units. Amount £750
  • Certificate in Financial Studies (CeFS), and achieve an overall grade of 'A'. Amount £500
  • Diploma in Financial Studies (DipFS)  and achieve an overall grade of 'A'. Amount £500

At years 2 and 3 further scholarships are available to recognise and reward high academic achievement in the preceding academic year.

Please note: We automatically award scholarships - no application is required.

Through gifts made by our alumni we are able to offer a number of scholarships to our first year students. This support is in addition to any loans and grants from the Student Loans Company.

The Women into Finance scholarship is available for two UK/EU/International female first year applicants who have demonstrated outstanding academic achievement in their pre-entry qualifications for our full-time undergraduate degree programmes. The scholarship, with a maximum value of £1500, will be made up of three tranches.

To be eligible you must meet the following criteria:

  • Meet the minimum terms of your offer.
  • Demonstrate an aspiration to work in the Banking & Finance industry during the application process.

Eligible candidates will be considered by the Scholarships, Bursaries & Grants Committee where their decision will be final.

Three scholarships of £1,000 per academic year are available for UK students. These are merit-based and recognise those students who have demonstrated outstanding academic achievement in their pre-entry qualifications and meet the following criteria:

  1. Be a resident in the UK.
  2. Have been accepted on to the first year of a full-time degree course having met the minimum entry criteria for that course.
  3. Not already be in receipt of any other of our scholarship payable in the same year.

How to apply

No formal application is required. To be considered students must have answered the relevant questions on their UCAS application form.

Two entry scholarships of £1,000 per academic year are available for international students who demonstrate an aspiration to work in financial services. To be considered for a scholarship, students must meet the following criteria:

  1. Be an undergraduate EU/International student in your first year
  2. Cannot be in receipt of any other of our scholarship or bursary payable in the same year
  3. Have exceeded the minimum terms of their academic offer
  4. Demonstrate an aspiration to work in financial services - assessed during the application process

How to apply

To be eligible you must have received an offer to study here and make a formal application to be considered for a scholarship.


An email will be sent to you inviting you to apply for a scholarship via an online form. The form will ask the applicant to answer the following question in 200 – 300 words:


What impact do you believe studying with The London Institute of Banking & Finance will have on your career?”

Your public library should have directories of charitable trusts that provide grants and awards. These include:

  • the Educational Grants Directory
  • the Charities Digest
  • the Grants Register
  • the Directory of Grant Making Trusts
Find your nearest library. 

 

And these websites list organisations who offer funding along with details of the grants they offer:
 
Family Action Grants Programme 
grantsforindividuals
Turn2us 
studentcashpoint 
unigrants