There are a number of postgraduate funding options that students can explore and we recommend that students find out what funding is available to them and budget for postgraduate study well in advance of the start of their course.
Postgraduate Loan Scheme
In 2020/21 Postgraduate Loans of up to £11,222 will be available to help fund students undertaking a Master’s degree.
The loans will not be based on household income and will be available to full-time, part-time and distance learning students under the age of 60, studying most taught and research Masters subjects.
Eligible students can be UK Nationals (or have settled status in the UK) who have been ordinarily resident in the UK for three years on the first day of the academic year of their course start date. This must have most recently been ordinarily resident in England, but borrowers must not have moved to England solely for the purposes of attending the course.
EU students and Students from the EEA and Switzerland are also eligible, if they have lived in the EEA/Switzerland for three years before the start of the course. They do not need to be resident in England before they start the course, but they do need to study the course in England.
The loans will be administered and paid by the Student Loans Company. Repayments will be collected by HMRC at a rate of 6% of earnings above £21,000.
See Introduction to Postgraduate Loans
Disabled Students Allowance
These are available for postgraduate students to help pay for extra costs you may have in attending your course, as a direct result of your disability.
Healthcare Courses Students studying a pre-registration healthcare course are eligible for the same funding as undergraduate students, comprising of a Tuition Fee Loan and Maintenance Loan. See 'Funding for Full-Time Students' for a breakdwon of funding available.
The government has announced that both undergraduate and postgrduate students starting or returning to study in September 2020 will be eligible for additional funding support. For the latest updates see NHSBSA Learning Support Fund.
Social Work Courses
Social Work students could get funding through a Social Work Bursary.
Website: NHSBSA for the application form
Students studying on a full-time postgraduate teacher training course leading to Qualified Teacher Status may be eligible for full-time undergraduate support and a Training Bursary.
Website: Teaching Agency For information about Teacher Training Bursaries
Doctoral Loans In 2020/21 Doctoral Loans of up to £26,445 are available and this amount is not based on household income. The loan is paid directly to the student and payments will be divided equally across each year of the course.
Website: Scholarship Search
Charities and Educational Trusts
Use the online grants search on the Family Action website to find Educational Trust Funds and Charities who may be able to help.
Website: Family Action
Website: Research Councils UK