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Postgraduate loans

A Postgraduate Master’s Loan can help with course / programme fees and living costs while you study a postgraduate master’s programme.

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

If your course starts on or after 1 August 2023 you can get up to £12,167 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 2022/3 you can get up to £11,836.

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

How it works:

  1. Apply for your master's programme via our course pages.
  2. Apply for your loan - enter the University of London (Worldwide) on the application.
  3. Provide a proof of your loan application which is a copy of a letter or email from Student Finance. This should include your:

    - full name
    - customer reference number
    - academic year and course

    Please send the proof by logging an enquiry and selecting the Postgraduate Loans category.
  4. When you receive your offer and we invite you to register, complete the registration process in full. Select the Western Union Quick Pay as your payment method. Let us know once completed via your previously logged enquiry so that we can release access to your  Virtual Learning Environment.

    The University will provide access to services based on confirmation of your application. We will allow up to 10 weeks for receipt of all due fees.
  5. Once your loan application is approved, we will confirm your registration with Student Finance, who pay  the loan either to you (England and Wales) or to the university (Northern Ireland). The loan will be paid in 3 instalments of 33%, 33% and 34% each year. After your application has been approved, you’ll be sent a letter with your instalment dates.
  6. You will need to budget appropriately to ensure that you meet the University's payment deadlines, regardless of when you receive loan instalments. You should therefore only register courses for which you can pay by the registration deadline. 
  7. If after 10 weeks, we do not receive your payment, we will remove your access to the Virtual Learning Environment and will contact Student Finance to notify them that you are no longer receiving services  which may affect payment of future instalments. You may be liable for any loan payments already made to you.

Key facts:

  • 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.

More information