Postgraduate loan scheme

  • Postgraduate loan scheme

    The UK government has launched a new postgraduate loans scheme for new students starting their course on or after September 2017.

    • Postgraduate loans of up to £10,280 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 about the scheme can also be found on the Student Room website:

    Student finance button

    Repayment: 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.