Thinking of starting postgraduate study ?
Undertaking postgraduate study is a big financial commitment, it is essential to secure enough funding to cover both your tuition fees and living costs for the length of your course but with careful planning many students are able to find ways of affording to study at postgraduate level.
We have some useful budgeting guidance and resources on our website, which you can use to help you plan your finances for your course. First calculate your living costs and check your tuition fee amount so you will know how much money you need to find. Then you can start looking for sources of funding. Our Postgraduate Funding Guide is a good place to start.
Applications for SFE Postgraduate Master’s and Doctoral Loans for 2020/21 are now open. These Loans can help you with your course or living costs while you study.
Eligible students, starting Master’s courses in 2020/21, can borrow up to £11,222 and it’s not income assessed. £11,222 is the maximum for the whole duration of the course. If your Master’s course is longer than one year, the total loan amount will be split across the number of years of the course.
Eligible students, starting doctoral courses in 2020/21, can borrow up to £26,445 and again it’s not income assessed. Similarly, £26,445 is the maximum for the whole duration of the course so the total loan amount will be split across the number of years of the course.
SFE Postgraduate Loans are paid directly to you in three instalments throughout the academic year. They are intended as a contribution towards the cost of postgraduate study so they may not cover your full costs. Unlike undergraduate funding there are no additional loans or grants available to pay course tuition fees, support children and pay childcare costs or to support other dependents so it is really important to calculate your living costs and check your fee amount so you know how much money you will need to find according to your own circumstances.
Queen Mary also offers a significant package of competitive scholarships in a range of subject areas, as well as external sources of funding. Please see the Funding a Masters and Funding a PhD webpages for more information and to search the database of scholarships.
Many students work part-time during their studies to boost their income and gain valuable skills and experience. You may be worried about finding work due to the COVID-19 situation. Queen Mary Careers and Enterprise are continuing to support students throughout the COVID-19 outbreak and lots of employers are still recruiting during this time. Once you are enrolled at Queen Mary, you’ll have access to QMJobsOnline to browse open vacancies. You can follow the Careers and Enterprise blog to keep up to date with the latest employment market information and insight from employers. Please also see our Part-time and Vacation Work Guide.
If you have any questions or concerns about funding postgraduate study at Queen Mary, once you have read our guidance, please contact us.