Take advantage of the government’s plans to make loans of up to £10,609 available for postgraduate study. The loans are available for any subject and are a contribution to costs including fees and living costs.
You can apply from the summer 2016 and applications will be available online or in print.
Am I eligible?
- You can apply for a Postgraduate Loan if you:
- are studying a taught or research Masters course and
- are under 60 years old at the start of the first academic year of their course, and
- normally live in England
How will I repay my Postgraduate Loan?
Repayments for postgraduate loans will be 6% of income earned over the threshold.
Repayments are based on your income.
No repayments towards Postgraduate Loans will be taken before April 2019 and only once your income is over £404 a week, £1,750 a month or £21,000 a year. You’ll pay 6% of what you earn over this amount e.g if you earn £22000 an year you will repay £5 a month.