If you’re thinking of studying a master’s degree starting after August 2016, you could be eligible for a loan from the Government to help you study. You may also be eligible for a discount on the full fee, depending on where you’ve studied at undergraduate level.
POSTGRADUATE LOANS SCHEME
The UK Government has confirmed that for the first time Postgraduate Loans of up to £10,000 will be available to qualifying Home and EU Students for full master's courses, which may be taught or research based from 2016/17.
For 2016/17 entry the payment schedule for part-time students accessing the loan means that payments will be split across the first two years of study only. Therefore if a student did go into Year 3 to complete, they would not receive any further payments.
In line with ministerial intent to prevent duplicate public funding we have been advised by the Student Loan Company that students will not be eligible for PGL where they are eligible to apply for a healthcare bursary or are in receipt of a social work bursary from any of the following:
The Student Loan Company and Student Finance England have published a factsheet and a guide to applying for the scheme. Applications are now open and you can apply online. SFE has also published a guide to repaying the Postgraduate Loan.
An introduction to Postgraduate Loans for students thinking about starting a master's course
Information about how and when students can apply for a Postgraduate Loan.
The University encourages UCLan graduates to continue their studies and offers a number of tuition fee reductions for eligible new postgraduate taught students:
How can I apply?
Students with a previous award from UCLan should complete our former student TFD form (.docx 45KB) and submit it to the tuition fee team. Students must complete the relevant form in all cases, including those students who hold and offer with an offer with a reduced fee quote.*1
PROFESSIONAL AND CAREER DEVELOPMENT LOANS
Professional and Career Development Loans are bank loans available for various postgraduate study. Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying.
For more information about eligibility contact the National Careers service on 0800 100900
*1 No discounts will be applied without a completed form and supporting evidence being submitted to the tuition fee team.
Only one reductions may be granted to a student in any given academic year.
Students in receipt of any form of funding or support are not entitled to discounted fees. This does not include students in receipt of the new Postgraduate Loan Scheme.
The only exception to note 2 is where disabled students progressing from a UCLan undergraduate degree to a UCLan postgraduate course receive support from a registered charity specialising in helping the disabled. In such cases the appropriate continuing student discount will still apply. For the exception to apply, the charitable support must be specifically towards the tuition fees and living costs attributable to the UCLan postgraduate course. Documentary evidence of the charitable support must be provided.
The University reserves the right to amend the amount of any reduction and/or the qualifying criteria at any time.
Students enrolled on courses or research degrees in Postgraduate Dental Education will not be eligible for discounted fees.