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 from the Government ‘Funding for postgraduate study‘ website.

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.