Posted Nov. 25, 2019
University bursaries or grants are different from postgraduate scholarships as they tend to be based on the financial eligibility of the student rather than their academic qualifications.
Grants are similar to bursaries, but grants tend to come from government funding and bursaries tend to come from private funding, although this is not always the case. Postgraduate students from around the world will find that there are bursaries available for them to apply for no matter where or what they are studying. And if you need additonal funding you can always apply for a postgraduate loan from Prodigy Finance.
Here’s the lowdown on postgraduate university bursaries.
Types of bursaries
Most universities will offer bursaries for students who are in financial need. Others will offer bursaries by department or subject area, for example STEM subject areas or for financing individual parts of a student's research or study such as travel to an academic conference or give bursaries for students from specific countries like the ones for students from Commonwealth countries at the University of Liverpool. Many organisations that support students also offer bursaries or grants to students who are in financial need. For example, each year there are x15 Postgrad Solutions Study Bursaries worth £500 available to postgraduate students from anywhere in the world studying at any recognised institution at anywhere in the world. Find out more here.
How to research bursaries
Stay on the lookout and read student newsletters and websites to find out what is available from your chosen university, as most universities will list scholarships and bursaries available on their website, just like at the University of Stirling. If you are already attending the university make sure you spend time networking with academic staff as they will know what time of year different bursaries are available for application. It’s also a good idea to sign up to websites that specialise in bursaries and scholarships in your subject area and the country that you are studying in, as well as your home country, if you are an international student.
How to apply for bursaries
Most bursaries need a personal statement and it is worth spending a little time on this. Usually they will need you to complete an application form, rather than just sending a CV, and they may need you to provide evidence that you are using the funds for the specific reason they have given them to you, for example for funding for travel to attend a conference.
Tips for being successful
Start by picking bursaries that you are eligible for, as you don't want to waste your time filling in forms for bursaries that are not the right fit. Make sure you apply in good time and spend plenty of time polishing your statement to perfection. Give them all the information they need and any documents that they ask for. Finally, don't miss the deadline.
There are lots of other sources of funding if you find yourself with a funding gap. Think about a private loan to get yourself through your studies from Prodigy Finance. They are focussed specifically on students and offer a range of loan options for postgraduate study around the world. If you are international student, then you will be able to continue to use Prodigy Finance if you decide to return home or move to another country to continue your studies, and if your circumstances change you can change your repayment plans to fit with your life.
Postgrad students by numbers
Wherever where you choose to study in the world there are always lots of other international postgraduate students. This table illustrates the number of international students studying at various different countries around the world.
Please note that the information here does not constitute financial advice. Prodigy Finance is one of many potential funding options for international postgraduate students. Other student funding options are available and Postgrad.com advises you to research all your options thoroughly before making such a commitment. Postgrad.com accepts no responsibility for your choice of loan and does not endorse or support Prodigy Finance. Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register under firm registration number 612713.
Quick Guide To Postgraduate Loans In The UK
Postgrad Solutions Study Bursaries