Answered By: Colin Kinson Last Updated: Sep 01, 2016 Views: 284
Financial Preparation for Postgraduate Study
There is no postgraduate equivalent of the undergraduate Student Loans/Grants system (unless you are from Scotland where a tuition fee loan can be applied for, for full or part time postgraduate students) and any non-repayable postgraduate financial support is usually awarded on a competitive basis. Planning your finances therefore needs to be a key part of your preparation for your postgraduate study.
From Academic Year 2016/17, the Government will for the first time provide a loan of up to £10,000 per student for postgraduate Master’s study. Please visit the Government loan for Master's studies page for more information.
One source of financial support may not be adequate to cover all of your expenditure. Consequently, it is a good idea to begin by working out a realistic estimate of what you will need to cover your tuition fees and living costs and then to be prepared to look for financial support to cover these from a range of sources. These may include:
- University funds
- Private borrowing (loans); PCDL*
- Grants from charities or trusts
- Combine work and study; employer sponsorship?
* With the introduction from September 2016 of a government loan for post-graduate students (tbc) the government-backed P.C.D.L may be phased-out.
Receiving Statutory Financial Support
Despite the general statement above, there are some Postgraduate courses which are eligible for statutory financial support from the Government. These include eligible trainee teachers on the PGCE programme, postgraduate students in Social Work and Postgraduate NHS-courses. Please visit our webpages for further information on the funding of these courses:
Northumbria University Funds
Alumni and Academic Scholarships are discounts towards the standard tuition fee for your course.
Other sources of Postgraduate Funding
- Scholarship Search
- Postgraduate Studentships
- Grants For Individuals
- Directory of Social Change
- The Alternative Guide to Postgraduate Funding
If you have any further queries about Postgraduate funding and you would like to speak to an Adviser, please come to a drop-in session at the Student Support and Wellbeing Centre:
- City Campus - Northumberland Building: Monday to Friday, 10am-4pm, Wednesday 1pm-4pm only.
- Telelephone: 0191 227 4127
- E-mail: email@example.com
If you would like to see an adviser at Coach Lane Campus you can do so at the Coach Lane Campus Library on Fridays via appointment only, usually between 10.00am and 4.00pm. Please ring 0191 227 4127 to book an appointment or call into the Library itself during opening hours if you wish to book in person.