4. Postgraduate masters and doctoral students

A loan of £13,000 to contribute to costs will be available to postgraduate masters students wherever they choose to study in the UK. Students must be under 60 years old on the first day of the first academic year of their course to access the postgraduate loan.

In addition, the Welsh Government provides universities in Wales with funding through the Higher Education Funding Council for Wales (HEFCW).  This funding aims to provide additional support (of up to £4,000) for postgraduate masters students who choose to study in Wales. The Interim Postgraduate Taught (PGT) Masters support package for AY 2018/19 circular produced by the Higher Education Funding Council for Wales (HEFCW) provides further information about the funding arrangement.

From August 2019, eligible postgraduate masters students will receive a similar package of support to undergraduates. The support will be made up of a mixture of grants and loans and is a contribution to costs, rather than allocated specifically to fees and maintenance.

One year course
Income Grant Loan Total
£18,370 £6,885.00 £10,115.00 £17,000.00
£20,000 £6,651.00 £10,349.00 £17,000.00
£25,000 £5,930.00 £11,070.00 £17,000.00
£30,000 £5,209.00 £11,791.00 £17,000.00
£35,000 £4,488.00 £12,512.00 £17,000.00
£40,000 £3,767.00 £13,233.00 £17,000.00
£45,000 £3,047.00 £13,953.00 £17,000.00
£50,000 £2,326.00 £14,674.00 £17,000.00
£55,000 £1,605.00 £15,395.00 £17,000.00
£59,200 or over £1,000.00 £16,000.00 £17,000.00
Two year course
Income Grant Loan Total
£18,370 £3,442.50 £5,075.50 £8,500.00
£20,000 £3,325.50 £5,174.50 £8,500.00
£25,000 £2965.00 £5,535.00 £8,500.00
£30,000 £2,604.50 £5,895.50 £8,500.00
£35,000 £2,244.00 £6,256.00 £8,500.00
£40,000 £1.883.50 £6,626.50 £8,500.00
£45,000 £1,523.50 £6,976.50 £8,500.00
£50,000 £1,163.00 £7,337.00 £8,500.00
£55,000 £802.50 £7,697.50 £8,500.00
£59,200 or over £500.00 £8,000.00 £8,500.00

The amount of grant is based on a full-time rate (one year duration) of £6,885, reduced by £1 for every additional £6.937 of income, above £18,370. Part-time grants and loans are pro-rated by duration of study.

If you’re starting a full-time or part-time postgraduate doctoral course (such as a PhD) from 1 August 2018, you can apply for a Postgraduate Doctoral Loan of up to £25,000. This can help with course fees and living costs while you study. Support for doctoral loans will increase in value from £25,000 to £25,700 in the 2019/20 academic year.