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Postgraduate loans

If you're a UK or EU national taking your first master's level programme and you've lived in England or Wales for three years, you could be eligible to apply for a Postgraduate Loan worth up to £10,280.

If you've lived in Northern Ireland for three years, you could be eligible to apply for a Postgraduate Loan (for tuition fees) worth up to £5,500.

All of our master's courses are eligible (though not Postgraduate Certificates or Diplomas).

Why study for a master's with the University of London?

How it works:

  1. Apply for your master's programme via our course pages.
  2. Register with us and pay for at least one module.
  3. Apply for your loan. Enter the University of London International Programmes on the application.
  4. We confirm your eligibility with Student Finance, which pays the loan either to you (England and Wales) or to the university (Northern Ireland).

Further information can be found at the relevant assessment bodies. There are different arrangements if you live in England and Wales or Northern Ireland.

Key Facts

  • Distance learning master's courses (full-time and part-time) are eligible for loans.
  • Postgraduate Certificates and Diplomas are not eligible.
  • Part-time students must study at an average intensity of 50% of a full-time course.
  • The loans are not means-tested.
  • Students must be under the age of 60 at the point of applying.
  • Applicants must not hold a master's level course or equivalent (even from overseas).
  • Applicants will not be eligible if they have outstanding student loan arrears.

You can learn more about Postgraduate Loans at the Student Room.

More information

I started my course in 2016/17. Can I apply for a postgraduate loan?

Residents in England who began their programme in 2016/17 can still apply within nine months from the first day of the first academic year (for one-year courses) or the second academic year (for two-year courses).  

When will I receive my loan?

Residents of England and Wales: you receive your loan after you register with us and pay for at least one module. It will be paid to you directly in instalments over the duration of your course (up to a maximum of four years). Northern Ireland residents: your loan is paid directly to the university.

I've decided to transfer programmes. Do I need to inform the Student Loans Company?

Yes. You will need to notify the University and the SLC. If necessary, we will submit a Change of Circumstances form confirming these changes.

What happens if I withdraw from the course?

You must notify us as soon as you decide to withdraw. Your fees are still payable except if you withdraw within the 14-day cancellation period as defined in the Terms and Conditions. Student Finance will be notified.

How long do I have to finish my master's?

You must complete your studies within the length specified for your programme on the online application. If you are studying part-time, your study 'intensity' must average 50% of a full-time course.

How much does the loan cost?

You'll be charged interest from the day you receive the first payment until the loan is cancelled or repaid in full. Check GOV.UK for latest updates.

How does repayment work?

You begin repayments from the April after you complete the course and once your income exceeds £21,000. For more information check the GOV.UK website.