The Sir Thomas White Loan Charity, based in Friars Mill, Leicester, has revealed that a grand total of £185,420 was approved in interest-free business and education loans in the Charity’s final quarter of 2017.
Of that sum, £124,100 is to be used to help 10 entrepreneurs start up or develop businesses within Leicestershire and Rutland, whilst a further £61,320 will be delivered to enable eight students to continue their studies at postgraduate level.
The ability to study at post-graduate level provides you with more than an additional qualification. It can deliver amazing opportunities and provides access to a number of pathways towards a chosen career. Just ask Sam Gandy, who took out an interest-free education loan totalling £5,000 in order to study in London.
The 32-year-old from Market Harborough has since gone a step further as he approaches the end of his PhD; however, as he explained, it’s the journey he’s taken – quite literally – that has changed his life to this point.
Having the opportunity to study for a post-graduate qualification opens a host of doors when it comes to commencing a career. However, for many, the cost of continuing study beyond graduation provides a stumbling block – which is why The Sir Thomas White Loan Charity provides education loans that are interest-free for nine years.
Hajra Okhai is a perfect example of somebody eager to continue studying so that she could enter her chosen career. Hajra, from Leicester, initially commenced work for a large industrial company prior to making the decision to study for a post-graduate degree.
The Sir Thomas White Loan Charity is delighted to announce a total sum of £87,500 of interest-free loans were approved, following the Charity’s final round of interviews with prospective borrowers for 2016.
The figure from the final quarter takes the grand total delivered in loans for the year to an impressive £375,000.
One of Leicestershire’s oldest charities, the Sir Thomas White Loan Charity – based at Leicester’s Friar’s Mill – provides people aged over 18 and under the age of 35 with business and education loans, which are interest-free over a period of nine years.
For Leicester High School for Girls student Natasha Bhogaita, the world is her oyster. Having received her A-level results at the end of the 2015/16 academic year, she now has a selection of universities to choose from as she chases her dream career – a story that the Leicester-based Sir Thomas White Loan Charity is proud to have played a part in.
Thanks to a £20,000 grant provided by the Sir Thomas White Loan Charity, Natasha was able to study for her A-levels at Leicester High School for Girls – an opportunity that she would not have had otherwise.
Mezzo Soprano vocalist Rozanna Madylus is one of many post-graduate students that have benefited from one of the Sir Thomas White Loan Charity’s education loans, with the Leicestershire-born opera singer able to fulfil her potential through studying at the Royal Academy of Music.
Speaking to the Sir Thomas White Loan Charity about her experience, Rozanna reveals just how pivotal the loan from the Charity was in allowing her to focus on her studies, and acknowledges the part her sister played in informing her about the help available from STWLC.