If your course starts on or after 1 August 2022 you can get up to £11,836 for your whole course. If you’re studying for 2, 3 or 4 academic years, the loan will be divided equally across each year of your programme. The loan will be paid in 3 instalments of 33%, 33% and 34% each year. You get the first payment after your programme start date, once your university or college confirms that you’ve registered.
If your course started in academic year 2021/2 you can get up to £11,570.
All of our master's programmes (apart from the Masters in Professional Accountancy) are eligible. Postgraduate Certificates or Diplomas are not eligible.
How it works:
- Apply for your master's programme via our programme pages.
- Apply for your loan - enter the University of London (Worldwide) on the application. After your application has been approved, you’ll be sent a letter with your payment dates.
- Register with us and pay for at least one module. This also applies if you are starting your second year of study.
- We confirm your eligibility with Student Finance, which pays the loan either to you (England and Wales) or to the university (Northern Ireland).
- You will need to budget accordingly to ensure that you meet University’s payment deadlines. This is regardless of when you receive your loan instalments.
- You will be due to start making loan repayments the April after your last loan payment is made to you
- Distance learning master's programmes (full-time and part-time) are eligible for loans.
- Postgraduate Certificates and Diplomas are not eligible (England and Wales.
- Part-time students must study at an average intensity of 50% of a full-time programme.
- 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 programme 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.