Will I get a full masters loan. Watch

Becky123442
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Hi, I am hoping to study for a master's degree next year, I'm aware I will need employment to get some of the funds for it (I'm working on that). I am still a student studying at home, but planning to move to Salford.

I'm aware master's loans are 10,900 approx now, on the course I am on now. I receive a little bit off the full loan, not sure how since my parents are on a low income anyway and get money for my mum's disability.

Anyway, I was wondering if people do actually get the full amount as stated and if a small part-time job would affect this. (12-16 hours) 8.20 wage.
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999tigger
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(Original post by Becky123442)
Hi, I am hoping to study for a master's degree next year, I'm aware I will need employment to get some of the funds for it (I'm working on that). I am still a student studying at home, but planning to move to Salford.

I'm aware master's loans are 10,900 approx now, on the course I am on now. I receive a little bit off the full loan, not sure how since my parents are on a low income anyway and get money for my mum's disability.

Anyway, I was wondering if people do actually get the full amount as stated and if a small part-time job would affect this. (12-16 hours) 8.20 wage.
Not income based and you should get the full amount.
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Liverpool Hope University
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(Original post by Becky123442)
Hi, I am hoping to study for a master's degree next year, I'm aware I will need employment to get some of the funds for it (I'm working on that). I am still a student studying at home, but planning to move to Salford.

I'm aware master's loans are 10,900 approx now, on the course I am on now. I receive a little bit off the full loan, not sure how since my parents are on a low income anyway and get money for my mum's disability.

Anyway, I was wondering if people do actually get the full amount as stated and if a small part-time job would affect this. (12-16 hours) 8.20 wage.
Hi Becky,

The Masters loan would be awarded based off of previous study among other criteria. If you currently receive student finance and haven't applied for funding at Masters level then you should be fine but it's always best to apply once possible to ensure the application is approved and ready to go.

A job and parental income won't affect the awarded amount so that should also not a problem.

Here is the student finance link if you would like to have a look at what is available - Student finance - Postgraduate funding

I hope this helps.

Patrick :lep:
Last edited by Liverpool Hope University; 2 weeks ago
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