skip to primary navigation skip to content

Postgraduate: Finance Information

cambridge college summer

Masters Loans for UK Students

A Postgraduate Master’s Loan can help with course fees and living costs while you study a postgraduate master’s course.

You can get up to:

  • £11,836 if your course starts on or after 1 August 2022
  • £11,570 if your course started between 1 August 2021 and 31 July 2022
  • £11,222 if your course started between 1 August 2020 and 31 July 2021

The amount you’ll get is not based on your income or your family’s. The loan is paid directly to you. You can use it for your course fees and living costs.

If your course lasts for more than a year, the loan will be divided equally across each year of your course.

You get the first payment after your course start date, once the university confirms that you’ve registered.

The loan will be paid in 3 instalments of 33%, 33% and 34% each year. After your application has been approved, you’ll be sent a letter with your payment dates. You can also check them in your online account.

To find out more at

All of the information above is correct as of March 2023.

Estimated fees and cost during your graduate study

Details of the costs you are likely to incur as a graduate student are set out on the Finance Overview page of the University Graduate Admissions website.

A search tool on this page allows you to determine what your estimated fees and maintenance might be according to the course for which you are applying.