UK Government Postgraduate Loans Scheme

MA funding

From 2016/17, the Government provide a loan for postgraduate MA study. The Postgraduate Loan (PGL) will be paid to the student as a contribution towards Tuition Fees, living costs and other course costs.

What you need to know:

  • Loans will be available up to a maximum value of £10,906 for 2019/20 and paid directly to the student in three equal instalments per academic year, up to a maximum of two years
  • The loan is available for students starting their course in the academic year 2016/17 or later (i.e. on or after 1st August 2016)
  • Loans will be available to UK and EU Nationals (and individuals with settled status in the UK)
  • Students under 60 will be eligible for MA loans
  • Loans are available all our MA programmes, excluding MArch: students studying full-time, part-time may be eligible
  • In order to qualify for a part-time MA loan you need to be studying at least 50% intensity of an equivalent full-time student in the first year of the course
  • Loans are non-means tested
  • Students who already hold an MA qualification (or an equivalent or higher level qualification) will not be eligible for PGL. This applies even if the previous qualification was entirely self-funded and/or achieved outside the UK
  • Lower level qualifications such as Postgraduate Diplomas or Postgraduate Certificates of Education will not affect eligibility for PGL
  • Repayments will be income-contingent and made concurrently with undergraduate loans. Rates will be set at 6% of annual income over £21,000
  • Interest will accrue at a rate of RPI + 3% on all outstanding balances


You can apply online or request a paper application form at

If you have any questions about your eligibility for the loan please contact Student Finance England.

research funding

PhD students may be able to apply for a Postgraduate Doctoral Loan through Student Finance England. You can read more about this here.