Fees and 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.
- 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
Fees, funding and how to find it
Money is the single biggest barrier to people undertaking postgraduate study, and securing funding for your Masters is vital to realising your ambitions.
These pages will help you estimate how much studying for a postgraduate degree will cost, explain how to search for scholarships, studentships, bursaries and other awards you might be eligible for, and introduce a number of alternative ideas that can help you fund your postgraduate studies.
Specific fees are listed in every programme entry under the 'Finance' tab. You can find out more about our fee structure and your fee status on our fees page.
If you apply for a full-time taught postgraduate programme, when you receive an offer you will need to pay a tuition fee deposit to confirm your place. Find out more on our tuition fee deposits page.
As a member of the Russell Group, we attract funding to support postgraduate study and research from all major research councils through a number of high profile Funded centres, and via a multitude of philanthropic sources, as well as investing heavily ourselves. You can find out more on our specific Masters funding page.
Our Alternative funding page offers more ideas for how to help fund your postgraduate degree, at any level of study.
You can also search for 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.
How much will it cost?
Whn you're studying for a Masters your tuition fee is only one part of the cost of doing a postgraduate degree: you also have to consider accommodation and living costs.
Tuition fees vary for Home/EU students and International students. Our general postgraduate fees page will help you determine which apply to you.
Taught programmes: Taught postgraduate programme fees vary greatly; while many fit a standard fee pattern, an increasing amount have unique fees based on specialist course content. Each programme's tuition fees are detailed in full under the Finance tab on each programme page, so please refer to the relevant programme page for the exact fee you will be charged.
Accommodation and living costs
Accommodation costs will vary depending on whether you live in private or University-owned accommodation. More details regarding accommodation, including costs, are available on our accommodation page.
The National Union of Students estimates student living costs, including accommodation, to be approximately £12,000 per year outside London.
Living costs are, to some extent, up to you. You will need to make choices about how you live and what your priorities are, but make sure you factor in:
- food and toiletries
- clothes and laundry
- mobile / telephone / internet charges
- Visa fees (for international students)
- Council Tax (part-time students are eligible to pay)
- travel costs, particularly if you want to visit home in vacations
- books and other course materials
- leisure, sport and entertainment
- sundries, such as haircuts, prescriptions etc
Funding hints and tips
I am funding my Masters (tuition fees and accommodation) with inheritance. However, I also get help with the cost of course and music books, my laptop, e-reader and travel for educational purposes (eg. a music society trip) from a local charity called The Sarah Rolle Foundation, which supports educational costs other than tuition and accommodation.
I apply to them and they refund the costs of these items against receipts. It's a very low-key Foundation and isn't very widely known even in the villages where I'm from - I was lucky that my parents found out about it when we moved to the area.
Rowena Pitkin, MA Translation.
There are several things to consider when you're starting to look for funding for your postgraduate degree.
Start early and think outside of the box
If you have an inkling that you might want to do a postgraduate degree, then you can start planning and saving right from the off. Wages from weekend or summer jobs, siphoning off small chunks of your undergraduate student loan, and any other small bits of long-term saving you can do will really help, especially if you put this money somewhere sensible where it will grow and where you can’t give in to temptation and spend it on a whim.
Sell yourself in applications
When applying for funding remember that awards are competitive, and sell yourself accordingly; tell the funding body or institution why you deserve this money more than the next applicant and what you plan to do with your postgraduate qualification when they’ve helped you pay for it.
Think small as well as big
Don’t just look for big, eye-catching scholarships; everyone else will be chasing these too, and you can normally only hold one scholarship from a university or Research Council, which is where most large awards come from. There are hundreds of small, often very local charities that specialise in providing small grants – maybe £500 – for educational purposes, and you can hold as many of these as you can apply for and successfully be awarded. Receiving a handful of small awards like this can quickly take a sizeable chunk off your tuition fees.
There are more ideas about how to pay for your postgraduate degree on our alternative funding page.
Making your money go further
Be clever with textbooks
Undergraduate students can only borrow 15 items from the University library system, but Masters students can borrow 25, meaning you can avoid buying every text book and piece of further reading. eBooks can help further still.
Selling your old textbooks if you don’t need them anymore can also make you a surprising amount of money, especially if they’re in good condition and still current editions.
A more mature approach to shared living can really help a postgraduate student house save money; planning food shops together and batch cooking so you can freeze meals in advance is much more economical. Taking a packed lunch to campus might make you feel like you're at school again, but will save you money.
Work on campus
Universities usually offer plenty of flexible and part-time work that can fit itself around postgraduate study, especially if you’re studying part-time. This might be teaching undergraduates, or it could be working in a customer service or admin role, for instance as a student ambassador.
If you have to travel to campus then minimise the amount of journeys you make by coordinating campus-based activities to be on the same day. Or think about getting a bicycle if it’s not too far.
Remember you're still a student
Don’t forget student discount; many retailers offer this, and you’re still eligible as a postgraduate.