Masters funding

UK government postgraduate loan scheme

Government-backed loans for Masters programmes are making postgraduate study a realistic option for the first time in years.

Click here to find out if you're eligible, how you can apply, and about repayment terms.

Key facts

  • You can borrow up to £10,906
  • Available for any Masters programme in any subject, taught or research
  • Full-time or part-time and distance learning are included
  • Loans available at any university with degree awarding powers in the UK
  • Anyone aged under 60 is eligible
  • Repayments are income-contingent with a £21k threshold and will not begin until the year after graduation

Apply for a postgraduate loan here.

Masters scholarships

We offer numerous scholarships to encourage exceptional students to apply for Masters programmes at the University of Exeter. These scholarships tend to be highly competitive and merit-based, so we recommend investigating options early as deadlines and eligibility vary. Many schemes will not cover full costs, but may go some way to reducing the costs.

You cannot normally hold more than one scholarship awarded by the University, but you can usually apply for as many external schemes as you like.

Details of the various kinds of scholarships available are listed further down this page.

Funding database

You can also search for postgraduate funding via our funding database - which contains details of every single Masters scholarship we offer, as well as numerous bursaries and non-academic scholarships. You can search via subject, fee status, campus, level of study and more to find funding that fits you.

Alternative funding

There are all sorts of other ways to fund a Masters degree. Our alternative funding page lists all sorts of ideas from educational charities to crowdfunding. 

Global Excellence Scholarship

This year we are pleased to offer the Global Excellence Scholarship: more than £1.5 million worth of scholarships dedicated to international students of outstanding academic quality applying to programmes, starting in autumn 2019.

This award will be automatically applied to outstanding international applicants, and does not need to be applied for separately. If you are awarded a scholarship as part of this scheme you will be informed as part of your offer letter.

Find out more.

Alumni Scholarship 

We are pleased to offer University of Exeter graduates and alumni starting postgraduate study with us in 2019 a scholarship towards the cost of their tuition fees.

The scholarship is available to any University of Exeter graduate studying a taught Masters degree (eg MA; MSc; MRes; MFA) or research degree (eg PhD) in all Colleges.

Previously called the Progression Scholarship, finalists progressing directly on to a postgraduate programme as well as all alumni will be awarded up to £3,000. The new Alumni Scholarships will be available for home and international alumni, including undergraduate finalists. Different discounts on fees will be offered by fee status and programme type: £1,000 for full-time UK and EU Masters students; £750 for UK and EU Masters By Research students; and £3,000 for full-time international Masters, Masters By Research and JYA students. This award is not recurrent for postgraduate research students.

The scholarship cannot be held in conjunction with any other scholarship or studentship and is not available for other taught postgraduate programmes, for example PGCE or PgDip. It will be automatically deducted from your tuition fees and will be split between your September and January tuition fees payment. If you choose not to continue your studies before making the final January payment, you will be required to pay back the scholarship received to date

Find out more about the Alumni Scholarship (value £750 - £3000)

Merit Scholarships

Our range of merit scholarships reward the very best students based on extra-curricular achievements. The University of Exeter is pleased to offer the following awards from September 2018.

Endowed scholarships

Endowed scholarships are financial gifts given to the university to help students fund their studies. Often they come with a number of conditions and are subject to an annual funding review. For further details, please see our Endowed Scholarships for Masters students page.

College scholarships

Some of our Colleges offer awards for students studying taught Masters programmes with them. These awards are normally for general study with the College, study on specific programmes they offer, or for students from selected academic/employment backgrounds or countries.

The Business School

The Business School offer a range of scholarships for their MBA programme, as well as a number of international scholarships for students from specific countries. Full details of their scholarships can be found on their dedicated Masters and The Exeter MBA funding pages.

Commonwealth Shared Scholarship Scheme 

The Shared Scholarship Scheme is a joint initiative between the UK Department for International Development (DFID) and UK universities, to support students from developing Commonwealth countries who would not otherwise be able to study a Masters programme in the United Kingdom.

The University of Exeter has been granted a total of six awards. For more information on the scheme please visit our dedicated page.

Chevening Scholarships 

Chevening Scholarships are the UK government’s global scholarship programme, funded by the Foreign & Commonwealth Office (FCO) and partner organisations. The programme makes awards to outstanding scholars with leadership potential from around the world to study postgraduate courses at UK universities.

You can find out more at the Chevening website.

Fulbright Awards

The US-UK Educational Commission (Fulbright Commission) fosters mutual cultural understanding through educational exchange between both nations, including the prestigious Fulbright Awards Programme

You can find out more at the Fulbright Commission website.

Alternative funding

There are all sorts of other ways to fund a Masters degree. Our alternative funding page lists all sorts of ideas from educational charities to crowdfunding. 

In my city centre library I looked at the Grants Register, which lists various grants available to local students studying at postgraduate level. My scholarship in particular was aimed at those who had lived in the area where I grew up and had attended college or sixth form within the borough. The application form asked what course I was hoping to study and why I thought it would be beneficial to me and the wider society in the future. I was awarded the full cost of my tuition fees which took a huge weight off my mind!

Amy Huxtable, MSc Paediatric Exercise and Health