A Postgraduate Master’s Loan can help with course fees and living costs while you study a postgraduate master’s course.
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.
You’ll be able to apply for funding for the 2021 to 2022 academic year from summer 2021.
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.