Postgraduate Masters Loan
Government Postgraduate Loans for Masters Study
UK and EU students (with settled or pre-settled status) looking to pursue a Masters programme in the UK can apply for a non-means-tested loan from the British government via the Student Loans Company (SLC).
The loan will be paid directly to you, into a UK bank account. It is intended to provide a contribution towards the costs of Masters study and whether the loan is used towards fees, maintenance or other costs is at your own discretion.
- A loan of up to £12,167 is available to students applying to taught and research Masters courses (loan amount for 2023/24 entry.)
- The loan is available to students across all subject areas for full-time, part-time and distance learning Masters programmes, so long as you do not have existing qualifications at Masters level or above (which includes undergraduate integrated Masters qualifications, such as MSci or MEng, etc.).
- Full-time programmes can be 1 or 2 years in duration.
- Part-time programmes lasting 2 to 4 academic years are eligible, so long as they are no more than twice the length of the equivalent full-time course. Where no equivalent full-time course exists, part-time programmes can be up to 3 years in duration. If your course does not meet these duration requirements then it is not eligible for a Postgraduate Masters Loan.
- You must be studying a standalone Masters course - integrated Masters programmes are covered by the undergraduate loan system.
- You must be registered as studying at our UK campus: applicants to our Dubai campus are not eligible for the loan.
- There are alternative loans for those who domicile in Wales, Scotland and Northern Ireland.