Postgraduate funding

Postgraduate and PhD-level funding

To prevent funding delays at the start of the year, we recommend students apply for funding before enrolling on their course. Students can apply for funding without a confirmed place at University using their preferred course choice. Applications can be amended or even cancelled before enrolling.

Loans for Master’s courses

UK students enrolling on their first research or taught Master’s level course (leading to a full MA, MSc or MBA qualification) may be eligible for a Postgraduate Loan up to £12,167 (for students enrolling in 2023-24).

The Postgraduate Loan can be used towards tuition fees or living and course costs. Unlike Undergraduate funding, there are no separate loans for Tuition Fees and living costs. The Postgraduate Loan is paid to students in three instalments during the academic year. Students are not expected to repay their Postgraduate Loan until they have finished or left their course and once earning over £21,000 per year. Repayments will be 6% of any income over £21,000. Repayments will stop if the income drops below this amount, but interest may still accrue on the balance.

For more information visit The Student Room website or Find a Master’s website.

Loans for PhD-level study

UK students enrolling a PhD-level course may be eligible for a PhD Loan up to £28,673 (in 23/24 academic year).

For further information, please visit the Find a PhD website.

Research Councils

Students enrolling on PhD l programmes, may be eligible to apply to Research Councils for assistance towards tuition fees, living costs and course-related expenditure such as books or travel costs. EU students may only be eligible for funding towards tuition fees.

The Graduate School manage opportunities for postgraduate students in the UK to apply for Research Council-funded studentships.

For further information, please email

Charities and trusts

There is a wide array of postgraduate level funding from charities and trusts.

Further information may be available from local libraries or specialised careers libraries. Useful publications may include:

  • the Educational Grants Directory
  • the Charities Digest
  • the Grants Register
  • the Directory of Grant Making Trusts

Turn 2 Us also provides further information about grants.

Further information about postgraduate and PhD funding, including scholarships and bursaries, can be found on the Prospects careers website. Contact The Graduate School for information on PhD scholarships and grants.

Contact the Financial Guidance Team

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