Posted Jan. 4, 2022
Have you ever considered the benefits of a UK postgraduate education?
If you are an international student, studying in the UK will provide you with the opportunity to immerse yourself in a new culture, network with students and professionals from all over the world, and obtain skills that will enable you to elevate your career. And if you are a home student, it’s no secret that the UK offers some of the best educational establishments in the world. There are various ways you can fund your postgraduate study in the UK, including loans, scholarships, bursaries and grants, plus you might even get financial help from your employer. Scholarships for postgraduate study are available from several sources – including our Postgrad Solutions Study Bursaries worth £500 each towards your postgraduate studies – but finding out about a lot of the scholarship options is not easy. There are thousands of postgraduate scholarships to be found, and they all have different requirements and criteria. In fact, finding the right scholarship can be an extremely daunting task for any student who wants to continue their education, so here we present to you the some of the options when it comes to UK Government postgraduate funding for 2022.
The new postgraduate loans offered by the UK government are set to make their debut in 2022. Whether you want to pursue a masters or PhD, the postgraduate loan will become available for any student wishing to further their education via higher education. The UK Government has revealed funding for postgraduate degrees for the year 2021/22. The aim is to ensure that there are high-quality opportunities for students who wish to study at a masters level or above and help the country's economy by providing skills that businesses need. If you're undertaking a postgraduate masters program, you might be considered for a Postgraduate Masters Loan for support with postgraduate course tuition fees and other student expenses.
How much is on offer?
You can reach the following levels of loan depending on your course start date and other factors, such as the course itself.
- If your course begins on or, or after, 1st August 2021, you could receive £11,570.
- If your course began between 1st August 2020 and 31st July 2021, you could receive £11,222.
- If your course began between 1st August 2019 and 31st July 2020, you could receive £10,906
You can now submit an application for financing for the academic year 2021–2022. Your own, or your family's income, doesn’t determine the amount you’ll get. Instead, factors like your course, age, country, and status as a permanent resident are used to decide whether you qualify. To be considered for this funding, the course you are pursuing must be a complete standalone course worth at least 180 credits and having started on or after 1st August 2016. Students also need to be aware that if they repeat a year of their course, they will not receive any extra compensation.
What are the eligibility conditions?
On the opening day of your course’s first academic year, you must be under the age of 60. Plus, you must be a British or Irish citizen, or you must possess European settled status. Except for occasional absences, such as vacations, you should typically live in the UK or have settled in the UK for three years before the start of your studies – moving to a foreign nation for the sake of learning does not necessarily mean that you live there.
Postgraduate Doctoral Loans
If you’re studying a postgraduate doctoral degree or PhD, you could qualify for a Postgraduate Doctoral Loan to assist with your education, such as tuition fees and housing expenses.
- If your course began on 1st of August 2021 or later, you could receive up to £27,265 in funding.
- If your study starts between 1st August 2020 and 31st July 2021, you could receive £26,445 in funding.
- If your course begins between 1st August 2019 and 31st July 2020, you could receive £25,700.
Your or your family's earnings don’t determine the amount you'll receive. In any year of your course, you can submit an application for a Postgraduate Doctoral Loan, however, if you apply after your first year, you may not be eligible for the whole amount.
Distance learning eligibility
To be eligible for either a Postgraduate Doctoral Loan or Postgraduate Masters Loan if studying a distance learning course, you must be residing in the UK on the opening day of your course's first academic year. If you’re an EU citizen with settled status, you’ll need to spend the duration of the course in Britain and will be residing in the United Kingdom for the duration of your program. There is an exception if you are serving in the military, a serving member of the British army' spouse or civil partner, or a dependent parent who lives with a serving military member
Disabled Students' Allowance
The UK Government offers Disabled Students’ Allowance (DSA) to cover study-related costs for postgraduate and undergraduate students with a mental health problem, long term illness or any other disability. This funding can be taken on its own or in addition to other student finance and the type and amount of support is linked to individual need rather than household income. In the 2021/2022 academic year undergraduate and postgraduate students can get up to £25,000. DSA can cover academic-related costs such as:
- Specialist equipment
- Non-medical helpers – for example a British Sign Language Interpreter or specialist note takers
- Extra travel needed to attend your course due to your disability
- Other disability-related study support – eg the cost of printing additional copies of documents for proof-reading
- DSA does not cover disability-related costs that are not related to attending a postgraduate or undergraduate course, or costs that any other student might have.
- Students do not need to pay back DSA.
Hundreds of loans, scholarships, bursaries and other forms of financial aid are offered by the British government to postgraduate students, to see if you are eligible for this postgraduate funding, visit the finance section of the Government website and take a look. If taking out a postgraduate loan, please note that you must begin making repayments when your salary reaches a particular level (the 'threshold' amount), and interest will be charged from the day you receive your first payment.
Scholarships For International Postgraduate Students In The UK
What Funding Is Available For Disabled Postgraduate Students In The UK?
Postgrad Solutions Study Bursaries