All those offered a pupillage will be given financial assistance. The pupillage award is broken down as follows:
- - £25,000 in instalments during the first six months of pupillage,
- - A further £10,000 may be drawn down either in the BPTC year or during the first six months of pupillage.
- - There are no guaranteed earnings, but recent experience shows that a pupil might expect to earn at least £5,000 during the second six months of pupillage, and sometimes significantly more. Such fees will be kept by the pupil, free of clerks' fees or chambers' expenses.
The total value of the package available at 7 Bedford Row is therefore likely to be in excess of £40,000.