Postgraduate Loans

Postgraduate Loans are available to help you pay for your Master's course.

Who can get a Postgraduate Loan?

You can apply for a Postgraduate Loan if you:

  • are studying a taught or research Master's course - please visit www.gov.uk/masters-loan for further information. Please note that there is a separate Postgraduate Loan for the MPhil, PhD and DProf courses at Chester - visit www.gov.uk/doctoral-loan for further information.
  • are under 60 years old at the start of the first academic year of their course, and
  • normally live in England.

If you are studying full time, the course can last for one or two years. If you are studying part time, you can study for two years (for the equivalent one-year full-time course) or up to four years (for the equivalent two-year full-time course).

What can you get?

Student Finance England

Students can find out more information and apply online at GOV.UK.

SFE students applying for the 2024 to 2025 academic year can apply for:

  • a loan of up to £12,471 for a postgraduate Master’s course
  • a loan of up to £29,390 for a postgraduate Doctoral course
  • Disabled Student’s Allowance

More information can be found by visiting the GOV.UK information page.

Student Finance Wales

Students can find out more information and apply online at Student Finance Wales.

SFW students applying for the 2024 to 2025 academic year can apply for:

  • a loan of up to £18,950 for a postgraduate Master’s course
  • a loan of up to £28,655 for a postgraduate Doctoral course
  • Disabled Student’s Allowance

More information can be found by visiting the Student Finance Wales information page.

When can you apply?

You can apply now for courses that start in the 2024 to 25 academic year.  For full details and to apply, please visit the GOV.UK website.

How will you repay your loan?

How much you repay depends on your income - the amount you earn (including things like bonuses and overtime) before tax and other deductions.

You’ll repay a percentage of your income over the ‘threshold’ for your type of loan, depending on how often you get paid.

Your repayments will be taken out of your salary at the same time as tax and National Insurance if you’re an employee. Your payslips will show how much has been deducted.

For more information visit repaying your student loans on GOV.UK

Further information

For further information about the loans and to apply please visit: www.gov.uk/postgraduate-loan.