Students: Finance

(asked on 8th June 2021) - View Source

Question to the Department for Education:

To ask Her Majesty's Government what financial support for (1) academic, and (2) living, costs is available to English postgraduate students studying for a Masters degree at an English university.


Answered by
Lord Parkinson of Whitley Bay Portrait
Lord Parkinson of Whitley Bay
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
This question was answered on 21st June 2021

The Postgraduate Master’s Loan scheme was introduced in summer 2016 to help remove the financial barrier often faced by those wishing to study at master’s level.

The Master’s Loan scheme is part of the government’s long-term commitment to enhance support for postgraduate study to make the UK more globally competitive by increasing the number of people with such high-level skills and knowledge.

Postgraduate students can borrow up to £11,570 for courses starting in the 2021/22 academic year. This loan is intended as a contribution to the cost of study, rather than specifically to cover tuition fees or living costs.

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