Postgraduate Master's Loan - England

Key facts

Start dates

September 2024 / January 2025

Available to home or international students?


Study level

Postgraduate; Continuing Professional Development (Healthcare)

Award value

£12,167 (in 2023-24)

Number of awards

All applicants who meet the criteria

Application deadline

31 December 2024


The UK government offers a postgraduate loans scheme for new students starting master's courses. The scheme is open to part-time and full-time students, and in 2023/24 the maximum loan available is £12,167. Part-time students will receive the loan over two years of study. These loans are administered by the Student Loans Company, and unlike undergraduate loans they are paid directly to the student as a contribution towards study-related costs or living costs.

Students with a PG loan receive their loan in 3 instalments during the year of study to their account.

Note: PGCE student funding is via the undergraduate SFE route.

You can find out more on the following websites:


Eligibility criteria

To be eligible this must be your first postgraduate course of study (master's level), and you must be under 60 on the first day of the academic year.

Visit for more on eligibility criteria.

This funding is available to students studying on the following courses:


Continuing Professional Development (Healthcare)

Application process

Applications should be made via your student account with Student Finance England.

Terms and conditions

​Where a postgraduate student is in receipt of a postgraduate loan from the Student Loans Company (SLC), tuition fees can be paid in line with the instalment dates and percentage of loan specified in the loan agreement letter. Please be aware that if a student with a postgraduate loan withdraws from their studies early, their liability to pay tuition fees remains as set out in paragraph 7.10 of the Student Student Debt Policy. 

  • Full UK Masters (taught or research)
  • Course length 1-3 years
  • UK nationals (including students with EU settled status)
  • Under 60 at the beginning of the course