What’s Available

You could get a Postgraduate Master's Loan of up to: 

  • £12,167 if you started after 1 August 2023
  • £11,836 if you started between 1 August 2022 and 31 July 2023
  • £11,570 if you started between 1 August 2021 and 31 July 2022

This is to help with your course and living costs while you’re studying and has to be repaid.

Your loan payments will be spread out across all the academic years of your course. For example, if you apply for the maximum loan amount and are studying over two years, then your payments would be around £6,083 in each academic year. The loan is then paid in three instalments throughout the academic year.

Part-time study
If you’re thinking about studying a part-time Master’s course, your payments will be spread out over the full course duration. For example, if you apply for the maximum amount of Postgraduate Master’s Loan of £12,167 and study over four years, you’ll get around £3,041 in each year of your course.

If your part-time course doesn’t have a full-time equivalent, then it can only be a maximum of three years in length.

Disabled Students’ Allowance
If you have a disability, including a mental-health condition, long-term health condition or specific learning difficulty, such as dyslexia or dyspraxia, you might be able to get Disabled Students’ Allowance. This doesn’t have to be paid back and you don’t have to be getting a Postgraduate Loan to apply.