Time Lord Academy

The Time Lord Academy was a place where most young Time Lords attended to further their educations. According to the Doctor children " were taken from their families at the age of eight" to begin their instruction. Part of the initiation into the academy involved looking into the Untempered Schism. (DW: The Sound of Drums) Time Lords spend "centuries" at the Academy. (DWM: Mortal Beloved) Although we do not know The Doctor's, The Master's, or The Rani's real names, while at the Academy they referred to themselves as Ushas (The Rani), Theta Sigma (The Doctor), and Koschei (The Master).

The Lord Chancellor appears to be the nominal head of the Academy. (BFG: Gallifrey (audio series))

There were several chapters within the Time Lord Academy. These included:

At the induction ceremony for the Academy all Time Lords say:

"I swear to protect the ancient Law of Gallifrey with all my might and brain. I will to the end of my days with justice and with honour temper my actions and my thoughts." (DW: Shada)