Postgraduate loan schemes

  • Postgraduate Masters loan scheme

    The UK government offers a postgraduate loans scheme for new students starting Masters courses.

    • Postgraduate loans of up to £11,222 (2020/21) will be available to all eligible UK/EU students (under the age of 60 on the first day of your academic year of the course).  
    • The loans will be administered by the Student Loans Company.
    • Unlike the undergraduate loans they will be payable directly to the student as a contribution to their study-related costs for either course fees or living costs.
    • Part-time students are also eligible.
    • PGCE students are eligible for specific teacher training funding

    Student Finance England are encouraging applicants to apply as early as possible to make sure their Postgraduate Loan is ready for the start of their course.

    Please apply now at https://www.gov.uk/postgraduate-loan

    More details can also be found on the Student Room website:

    Student finance button

    Payment of tuition fees to the University.   If you are in receipt of a postgraduate loan from the Student Loans Company (SLC), your tuition fees can be paid in line with the instalment dates and percentage of loan specified in your SLC loan agreement letter.    Note however that if you leave your course after week 4 of a semester then you will normally be liable to pay the full Tuition Fees for that semester.

    Repayment of your SLC PG loan: The same rates as apply to any student tuition or maintenance loans you have with the SLC apply.  Further details on the repayment rates that apply can be found here.