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The Charity Commissioners' Scheme of 1895 provided for a technical institute for the east of the City, to be managed by a committee of the Board of Governors of the Sir John Cass's Foundation and to be funded by the Foundation. Classes began in January 1902 and the Institute Building in Jewry Street (shared with the Cass School till 1908) was formally opened in June of that year. The building was extended in 1934.
Both day and evening classes were offered at the Institute; both full-time and part-time students could also become members of the Institute. Fees were reduced for ex-pupils of the Cass School. The Institute's name was changed in 1950 to Sir John Cass College, then in 1971 the College amalgamated with the City of London College and King Edward VII Nautical Institute to become the City of London Polytechnic and in 1990 the Polytechnic, with the London College of Furniture, became London Guildhall University. In 2002 this became London Metropolitan University.