Key facts
- Eligible students can borrow up to £10,000
- The loans will be available for both taught and research Master’s programmes, including LLM, MBA, MFA, MRes (but not for PhDs)
- All disciplines and subject areas are eligible
- Loans will be available for full-time, part-time and distance-learning Master’s programmes (with certain exceptions)
- The loans cover split-site Master’s at Kent’s specialist centres in Brussels, Paris and Rome provided you spend at least 50% of your study time at Kent’s UK campuses
- The loans are not means tested and are paid directly into your UK bank account
Am I eligible?
- UK nationals who have been most recently resident in England
- EU students
- You need to be under 60 at the time you register for your Master’s
- Your previous highest level qualification must be below Master’s
- You are keeping to the repayment terms of your undergraduate student loan
What’s not included
- Part-time programmes taught over more than two years (currently under review by BIS)
- Programmes where you are resident outside England for more than 50% of your degree
- Postgraduate certificates, diplomas and other non-Master’s degree options
- Undergraduate/integrated Master’s eg MEng, MArch
- Distance-learners not resident in England
How do I repay the loan?
- Repayments will not start before April 2019
- Repayments will be income-contingent and made concurrently with undergraduate loans
- Rates will be set at 6% of annual income over £21,000 at an interest rate of 3% plus RPI
We endeavour to provide accurate information regarding the Postgraduate Loan (PGL) scheme but full details of the scheme, including eligibility of students and programmes, are still being finalised by the Department for Business Innovation and Skills and the Student Loans Company (SLC). For further information consult the SLC website.