Skip to main content

Students: Finance

Question for Department for Education

UIN HL847, tabled on 8 June 2021

To ask Her Majesty's Government what financial support for (1) academic, and (2) living, costs is available to English postgraduate students studying for a Masters degree at an English university.

Answered on

21 June 2021

The Postgraduate Master’s Loan scheme was introduced in summer 2016 to help remove the financial barrier often faced by those wishing to study at master’s level.

The Master’s Loan scheme is part of the government’s long-term commitment to enhance support for postgraduate study to make the UK more globally competitive by increasing the number of people with such high-level skills and knowledge.

Postgraduate students can borrow up to £11,570 for courses starting in the 2021/22 academic year. This loan is intended as a contribution to the cost of study, rather than specifically to cover tuition fees or living costs.