Postgraduate Funding - UK / EU Students
Funding for postgraduate students across the UK is changing in 2017 and students domiciled in Scotland, England, Wales and Northern Ireland all have access to different packages of support. It is important that you consult the website of your own funding body to ensure you have all of the information available.
New: Scotland & EU
From September 2017 new postgraduate student funding will be introduced which will comprise a maximum combined tuition fee and living cost support loan of £10,000 for Scottish domiciled students. Eligible students will be taking their first masters or postgraduate diploma course. Part-time students can access only the tuition fee loan. Eligible courses would receive the following –
- One year taught postgraduate Diploma and Master’s courses a tuition fee loan of £5,500 and living cost loan of £4,500.
- Two year part-time postgraduate Diploma and Master’s courses a tuition fee loan of £2,750 per year.
- Two year full-time Master’s courses a tuition fee loan of £2,750 per year and a living cost loan of £2,250 per year.
- Three year part-time Master’s courses a tuition fee loan of £1,833 in years one & two with £1,834 in year 3.
Students from the EU will be able to access the tuition fee loan.
For further information including personal eligibility please consult the SAAS website - http://www.saas.gov.uk/
English domiciled students can access a £10,280 loan for their first masters course to be studied anywhere in the UK. This can cover one and two year taught postgraduate courses.
For further information consult the Student Finance England website - https://www.gov.uk/funding-for-postgraduate-study
The Welsh government expects to introduce new postgraduate loans in 2018 however there may be an announcement in February that will allow an interim loan system to operate in 2017. This will be broadly based on the current English system.
For further information please consult the SFW website - http://www.studentfinancewales.co.uk/
A new tuition fee loan is being introduced in 2017 of £5,500 for eligible courses across the UK.
For further information please consult the SFNI website - http://www.studentfinanceni.co.uk/
PROFESSIONAL AND CAREER DEVELOPMENT LOANS
A Professional and Career Development Loan is a bank loan. You make an agreement with a participating bank to borrow an amount between £300 and £10,000. The UK government pays the interest on your loan while you're learning and for one month after you've finished your course. After this, you’ll pay interest at the rate fixed when you took out the loan.
The loan can be used to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries.
Further information on CDLs can be found at https://www.gov.uk/career-development-loans.
GRADUATE 10% DISCOUNT SCHEME
Queen Margaret University is offering a 10% discount in postgraduate tuition fees for alumni who have graduated with an undergraduate degree from the University’s Edinburgh campus. This discount is available for students who register for a full or part-time postgraduate degree.
This discount applies to home, EU and overseas students, and applies to the self-funding element of the postgraduate tuition fee only. This discount does not apply to any part of the tuition fee which is covered by a scholarship, funding body, your employer, a company, or any another source of funding.
CONTACT OUR STUDENT FUNDING ADVISER
The University offers a Finance Advice service which exists to provide information and guidance for all students regarding the funding available to them.
If you require further advice on funding then please contact Bill Stronach, Student Funding Adviser, Student Services on: email@example.com or phone 0131 474 0000 and ask for ‘Bill Stronach’ or ‘Student Services’.
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