The Sir Thomas White Loan Charity (STWLC) has approved £225,100 in interest-free loans during the second quarter of 2026, supporting both local businesses and postgraduate students across Leicestershire and Rutland.
A total of 18 loans were approved during the quarter, with funding allocated to help people develop their businesses and pursue further education.
Eight education loans totalling £80,000 were approved to support postgraduate study across a range of courses, including a Master of Laws (LLM), MA Philosophy and MSc Physician Associate programme.
Meanwhile, 10 business loans totalling £145,100 were approved to support a variety of local enterprises, including an interior design business, audiology practice and early years education provider.
Lucy Womack, Chair of STWLC, said: “We’re really pleased to keep supporting ambitious people across Leicestershire and Rutland with our interest-free loans.
“With this latest round, we’ve now approved a total of £437,600 so far in 2026, reflecting just how many ambitious, creative and committed individuals there are across the county seeking to develop their ideas and careers.
“We’re excited to see the difference these recipients will go on to make in their industries and local communities over the coming years.”
Established in 1542, STWLC hosts quarterly application windows each year in which people aged over 18 and under 45 can apply for unique interest-free loans of up to £20,000 to aid local businesses, or £10,000 to support students wishing to return to postgraduate education. The Charity’s loans are interest-free for nine years and become repayable by equal instalments after three years.
Application packs are available to download upon completion of a contact form on our website.
The next deadline for applications is 3:30pm on Wednesday 1 July 2026.