If you are starting a Postgraduate course, you can apply for a Loan of up to £11,222 provided by the UK Government to help with your course fees and living costs.

If your course started on or after 1 August 2020: 
You can get up to £11,222 for your whole course.

If your course started between 1 August 2019 and 31 July 2020:
You can get up to £10,906 for your whole course.

You can apply for the postgraduate loan if you:

  • are starting a Masters level degree - Full-time and part-time students are eligible
  • do not already have a masters degree or higher qualification
  • are under the age of 60 
  • are a home fee payers resident/domiciled in England, plus EU nationals
    For more eligibility information visit the GOV.UK website

Further detail:

  • Non-means tested (it won't depend on personal or family income)
  • Repayments are linked to income after completing the course (6% of income over £21,000), and paid concurrently with undergraduate loan payments. Interest rate of RPI plus three percent, similar to the current undergraduate system.
  • Applications will be received by Student Finance England, with loans issued and administered by the Student Loans Company, as with undergraduate degrees.

How to apply:

You can apply now on the GOV.UK website

More information:

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