Overview

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 2022 to 2023 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.