GovWire

A Postgraduate Masters Loan can help with course fees and living costs while you study a postgraduate masters course.

Funding for postgraduate loans is different if:

• you normally live in Scotland
• you normally live in Wales
• you normally live in Northern Ireland

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 youre studying a masters course.

When you can apply

You can now apply for funding for the 2024 to 2025 academic year.

When you repay your loan

Youll have to start repaying your loan when your income is over a certain amount (the threshold amount).

Youll be charged interest from the day you get the first payment.