Question
To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to remove financial barriers to postgraduate education.
At Autumn Statement, we introduced a new offer of income contingent loans for postgraduate taught Masters courses. For the first time, anyone under age 30 who is eligible and accepted to study a Masters in any subject, will be able to access a loan of up to £10,000.
In addition, to support students until these loans are in place, we have announced £50 million in 2015/16, matched funded by institutions, to make available 10,000 bursaries of £10,000.