Depending on where you live in the UK, you could be eligible for a master's loan to help you pay for some or all of your course fees. You could also apply for a student loan to help you with your everyday living costs while you study.
Here’s a guide to UK master's loans:
England
If you live in England, a Master’s Loan can help you pay for your course fees, plus your living expenses. If you’re a student with a disability, you can also apply for extra financial help with your studies.
A Postgraduate Master’s Loan in England lets you apply for up to £11,836 towards your course fees and living costs, for courses starting on or after 1 August 2022.
Will I be eligible?
To be eligible to apply for a Master’s Loan, you need to:
Find out more on the gov.uk website.
Wales
If you live in Wales, you can apply for Postgraduate Master's Finance.
With Postgraduate Master’s Finance, you could be eligible to apply for up to £17,000 as a combination of a grant and a loan, depending on your income.
Your options include:
- A maximum grant of £6,885 and a loan of £10,115 if your household income is £18,370 or below
- A grant of £1,000 and a loan of £16,000 if your household income isn’t taken into consideration, or is above £59,200.
Will I be eligible?
To be eligible for Postgraduate Master’s Finance, you need to:
Find out more on the Student Finance Wales website
Northern Ireland
If you live in Northern Ireland, you could be eligible for a Tuition Fee Loan.
The Tuition Fee Loan can cover some or all of your course fees, up to a maximum amount of £5,500. How much you can get depends on the cost and duration of your masters course.
Will I be eligible?
To be eligible for a Tuition Fee Loan, you need to:
Find out more on the Student Finance Northern Ireland website.
Falmouth Flexible offers online masters courses that are eligible for funding if you live in the UK.
Get in touch with our team to find out everything you need to know about funding options and the application process.