A Postgraduate Master’s Loan can help with course fees and living costs while you study a postgraduate master’s course.
Funding for postgraduate loans is different if:
Moving somewhere to study does not count as normally living there.
You can also get extra support if you have a disability.
You will not be eligible for an Adult Dependants’ Grant, a Childcare Grant or Parents’ Learning Allowance from Student Finance England if you’re studying a master’s course.
When you can apply
You can now apply for funding for the 2023 to 2024 academic year.
When you repay your loan
You’ll have to start repaying your loan when your income is over a certain amount (the ‘threshold’ amount).
You’ll be charged interest from the day you get the first payment.