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Funding a Masters

There are a number of sources of funding available for Masters students. These include a significant package of competitive Queen Mary bursaries and scholarships in a range of subject areas, as well as external sources of funding.

Queen Mary scholarships and bursaries (Home/EU and Overseas)

Barts and The London School of Medicine and Dentistry

The scholarship opportunities currently available in Barts and The London School of Medicine and Dentistry are:
ScholarshipCourseNumberValueHome/EU/Overseas
Canon Collins Scholarship funded by Simon and Deirdre Gaskell scholarshipsMSc Global Public Health and Policy1
(Please note this scholarship is for 2014 entry. Details for 2015 will be announced shortly.)
Full tuition fees, monthly stipend, return economy flight, settling-in allowance and other support whilst in the UKOverseas
Chevening Scholarships (opens in new site)Any discipline1500 across the UK. QMUL co-funds with Chevening for some coursesFull tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the Barts and The London School of Medicine and Dentistry£3,000Home/EU/Overseas

School of Biological and Chemical Sciences

Queen Mary University of London is proud of the number of scholarship opportunities that are available for our International student body each year. These scholarships are funded by both the Institution itself or by one of our partner organisations such as Chevening, the Commonwealth Scholarship Scheme or numerous overseas Government funders with whom Queen Mary has strong links.

The scholarship opportunities currently available in the School of Biological and Chemical Sciences are:

ScholarshipCourseNumberValueHome/EU/Overseas
Science and Engineering taught scholarshipsAll standard fee taught mastersNo limit£1,500Home students with First Class Honours
International Science and Engineering Excellence AwardsAll MSc programmes in the School of Biological and Chemical SciencesNo limit£5,000 dependent on academic backgroundInternational students
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Science and Engineering£3,000Home/EU/Overseas

School of Business and Management

The scholarship opportunities for 2015/16 entry currently available in the School of Business and Management are:
ScholarshipCourseNumberValueHome/EU/Overseas
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

School of Economics and Finance

Criteria for Scholarships

Scholarships will be awarded on purely on the basis of demonstrated potential for academic excellence on the programme applied. The potential for excellence will be judged to be demonstrated if the application:

Academic performance and Fee status (eg domicile) may be taken into account in determining the award amount.
Scholarship applications are reviewed throughout the academic year up until end-July, though early applications are preferred. You do not have to submit a separate application and will be automatically considered for a scholarship at the point of offer. Successful candidates will be notified by email and post.

Scholarships for new applicants

 

Course

Up to £8,000 deducted from tuition fees

MSc Banking and Finance
MSc Business Finance
MSc Investment and Finance
MSc Wealth Management
(up to 22 available, divided between the above MSc programmes)

Up to £10,000 deducted from tuition fees

MSc Economics 
MSc Finance and Econometrics
MSc Behavioural Finance 
MSc Finance
(up to 22 available, divided between the above MSc programmes)

£5,000 deducted from tuition fees

MSc Mathematical Finance (x 10 available)

1/2 deducted from tuition fees

LLM Law and Economics (x 3 available)

1/3 deducted from tuition fees

MSc in Law and Finance (x 3 available)

ScholarshipCourseNumberValueHome/EU/Overseas
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

Scholarships for Overseas Students

The School of Economics and Finance is offering 30 partial scholarships of £3,000, which are available to all applicants from South East Asia, South Asia, Turkey and Latin America. Admissions will consider all MSc applicants from these countries with a 2:1 or equivalent who apply before end of May 2016.

Scholarships for existing students and alumni

These scholarships are available for all Queen Mary Economics and Finance students (home and overseas) who have graduated from the year 2000 onwards and are joining one of our MSc programmes.

You do not have to submit a separate application and will be automatically considered for a scholarship at the point of offer. Successful candidates will be notified by email and post.

QMUL alumni scholarship amounts


Degree obtained

Scholarship offered by the School

1st

30% fee discount

2:1

20% fee discount

2:2

10% fee discount

Eligibility criteria

The Alumni Scholarship is open to home and overseas students who are graduating from the School of Economics and Finance in the academic year prior to the academic year for which they are applying for admission to the master's programme onwards.

To be eligible for the Alumni Scholarships, you must be applying for a master's programme within the School of Economics and Finance. Part-time students will be eligible for 50% of the award per year.

You must not be in receipt of any other College scholarship or full-fee scholarship from any other source, and you will not be eligible for the Alumni Scholarship if you have received one in previous years.

The award will be deducted from the tuition fees payable to the College. This is a partial award only and you must be able to finance the remainder of the tuition fees and living expenses yourself.

School of Electronic Engineering and Computer Science

Queen Mary University of London is proud of the number of scholarship opportunities that are available for our International student body each year. These scholarships are funded by both the Institution itself or by one of our partner organisations such as Chevening, the Commonwealth Scholarship Scheme or numerous overseas Government funders with whom Queen Mary has strong links.

The scholarship opportunities currently available in the School of Electronic Engineering and Computer Science are:

ScholarshipCourseNumberValueHome/EU/Overseas
Science and Engineering taught scholarshipsAll standard fee taught mastersNo limit£1,500Home students with First Class Honours
International Science and Engineering Excellence AwardsAll MSc programmes in the School of Electronic Engineering and Computer ScienceNo limit£5,000 dependent on academic backgroundInternational students
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Science and Engineering£3,000Home/EU/Overseas

School of Engineering and Materials Science

The scholarship opportunities currently available in the School of Engineering and Materials Science for 2015/16 entry are:
ScholarshipCourseNumberValueHome/EU/Overseas
Science and Engineering taught scholarshipsAll standard fee taught mastersNo limit£1,500Home students with First Class Honours
International Science and Engineering Excellence AwardsAll MSc programmes in the School of Engineering and Materials ScienceNo limit£5,000 dependent on academic backgroundInternational students
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Science and Engineering£3,000Home/EU/Overseas

School of English and Drama

The scholarship opportunities currently available in the School of English and Drama are:
ScholarshipCourseNumberValueHome/EU/Overseas
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
The School of English and Drama Excellence ScholarshipMA English Studies; MA Theatre and Performance150% of the course feeHome/EU
The School of English and Drama Excellence ScholarshipMA English Studies;
MA Theatre and Performance
150% of the course feeInternational
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

School of Geography

Queen Mary University of London is proud of the number of scholarship opportunities that are available for our International student body each year. These scholarships are funded by both the Institution itself or by one of our partner organisations such as Chevening, the Commonwealth Scholarship Scheme or numerous overseas Government funders with whom Queen Mary has strong links.

The scholarship opportunities currently available in the School of Geography are:

ScholarshipCourseNumberValueHome/EU/Overseas
Walter Oldershaw Award *Any masters course in the School of Geography8£3,000Home/EU/Overseas
Worshipful Company of Water Conservators bursary **MSc Integrated Management of Freshwater Environments1£4,000Home students
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

* Applicants must submit a 300-word statement elaborating why they should be considered, highlighting their academic and professional merit and details of how the award will further their professional development. Applications should be sent to the Postgraduate Studies Manager (geog-pgadmin@qmul.ac.uk) by 5pm, Wednesday 10 August 2016.

** Applicants should email a statement (maximum one side of A4), explaining why they believe they should be awarded the bursary and how it would benefit them, to Dr Gemma Harvey (g.l.harvey@qmul.ac.uk). The deadline for application is 5pm, Wednesday 10 August 2016.

School of History

The scholarship opportunities currently available in the School of History are:
ScholarshipCourseNumberValueHome/EU/Overseas
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

School of Languages, Linguistics and Film

The scholarship opportunities currently available in the School of Languages, Linguistics and Film are:
ScholarshipCourseNumberValueHome/EU/Overseas
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

School of Law

The scholarship opportunities currently available in the School of Law are:
ScholarshipCourseNumberValueHome/EU/Overseas
Law scholarshipsLLM in London Programme (covering 21 specialist programme and the Master of Laws)10Full tuition fee onlyHome/EU students and International students, full-time study only
LLM in Energy and Natural Resources Law London Scholarship funded by the QMUL CCLS and Norton Rose Fulbright LLP2Full tuition fee only plus two-week international internship at the offices of Norton Rose Fulbright LLPHome/EU or International students, full-time study only
LLM in Criminal Justice2Partial - 50% of tuition feeOpen to Home/EU students, full-time study only
LLM International Economic Law2Partial - 50% of tuition feeOpen to Home/EU students, full-time study only
LLM Law and Economics3Partial - 50% of tuition feeHome/Overseas
MSc Law and Finance3Partial - 1/3 of tuition feesHome / EU and overseas (full-time)
MSc Management of Intellectual Property1-2Full tuition feeOutstanding graduates of UK (full-time)
LLM in Paris Partial Scholarship in conjunction with the Ecole de Formation du Barreau (EFB)2Partial - £3,750Home/EU or International students (full- or part-time) who are students either already registered with the EFB, or who have passed / expect to pass the entrance exam and are due to enrol in January 2016
LLM in International Shipping Law (Piraeus, Greece) Partial Scholarship2Partial - £5,000 tuition fee discountHome/EU students (full-time)
Dual LLM in Commercial Law (Singapore and London)1£14,000 for London part of studiesHome/EU students and International students, full-time study only
The QMUL CCLS LLM scholarship for a law student at UNILAG (University of Lagos)1FullApplicant should be a current law student at UNILAG in Nigeria
LLM in Law and Economics; MSc in Law and Finance
QMUL Latin American Fund 2016-17
5Partial - 50% of tuition feeOverseas, full-time study only
John Kemp ScholarshipMSc Management of Intellectual Property1£500Qualification from a UK university
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

School of Mathematical Sciences

Queen Mary University of London is proud of the number of scholarship opportunities that are available for our International student body each year. These scholarships are funded by both the Institution itself or by one of our partner organisations such as Chevening, the Commonwealth Scholarship Scheme or numerous overseas Government funders with whom Queen Mary has strong links.

The scholarship opportunities currently available in the School of Mathematical Sciences are:

ScholarshipCourseNumberValueHome/EU/Overseas
Mathematical Finance Academic Excellence AwardMSc Mathematical FinanceUp to 10£5000Home/EU/Overseas
School of Mathematical Sciences Academic Excellence AwardMSc MathematicsUp to 5£3000Home/Eu/Overseas
Network Sciences Academic Excellence AwardMSc Network ScienceUp to 5£5000Home/EU
International Science and Engineering Excellence AwardsMSc Network ScienceNo limit£5,000Overseas
Financial Computing Academic Excellence AwardMSc Financial ComputingUp to 5£5000Home/EU/Overseas
The School of Mathematical Sciences Alumni ScholarshipMSc Mathematical FinanceNo limitFee reduction:
30%(UK 1st)
20% (UK 2.1)
Home/ Overseas SMS/SEF graduates from year 2000 onwards
Financial Mathematics Vietnam Excellence ScholarshipMSc Mathematical Finance
MSc Financial Computing
Up to 2£5000Vietnam
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Science and Engineering£3,000Home/EU/Overseas

How do I apply?

There is no need to complete a separate application form to be considered for any of the Mathematical Sciences Scholarships listed above (excluding Chevening Scholarships). Students will be considered for an award on the basis of the information they provide in their online application to Queen Mary University of London.

Successful candidates will be informed of their award via email.

The majority of our scholarships are competitive and as such students will need to have achieved grades equivalent to a UK First Class or Upper Second Class Bachelor’s degree or an overseas equivalent to be considered. For overseas equivalents please refer to the link below.

Postgraduate Overseas Equivalent [XLS 47 KB] Updated document UPDATED 20/04/16

If the degree level qualification you are taking does not appear on our equivalences table, please contact the International Office on internationaloffice@qmul.ac.uk and quote your QMUL application ID.

School of Physics and Astronomy

Queen Mary University of London is proud of the number of scholarship opportunities that are available for our International student body each year. These scholarships are funded by both the Institution itself or by one of our partner organisations such as Chevening, the Commonwealth Scholarship Scheme or numerous overseas Government funders with whom Queen Mary has strong links.

The scholarship opportunities currently available in the School of Physics and Astronomy are:

ScholarshipCourseNumberValueHome/EU/Overseas
Science and Engineering taught scholarshipsAll standard fee taught mastersNo limit£1,500Home students with First Class Honours
International Science and Engineering Excellence AwardsAll MSc programmes in the School of Physics and AstronomyNo limit£5,000International students
Chevening Scholarships (opens in new site)Any discipline1500 across the UK.
QMUL co-funds with Chevening for some courses
Full tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Science and Engineering£3,000Home/EU/Overseas
MSc Astrophysics Scholarship (Home/EU)MSc Astrophysics2£2,250Home/EU students with first class honours
MSc Astrophysics Scholarship (International)MSc Astrophysics1£4,500International students with grades equivalent to UK first class bachelors degree

How do I apply?

There is no need to complete a separate application form to be considered for any of the Mathematical Sciences Scholarships listed above (excluding Chevening Scholarships). Students will be considered for an award on the basis of the information they provide in their online application to Queen Mary University of London.

Successful candidates will be informed of their award via email.

The majority of our scholarships are competitive and as such students will need to have achieved grades equivalent to a UK First Class or Upper Second Class Bachelor’s degree or an overseas equivalent to be considered. For overseas equivalents please refer to the link below.

If the degree level qualification you are taking does not appear on our equivalencies table, please contact the International Office on internationaloffice@qmul.ac.uk and quote your QMUL application ID.

School of Politics and International Relations

The scholarship opportunities currently available for 2015/16 entry in the School of Politics and International Relations are below. More scholarships may be added in the coming months so please do revisit this page again:
ScholarshipCourseNumberValueHome/EU/Overseas
Chevening Scholarships (opens in new site)Any discipline1500 across the UK. QMUL co-funds with Chevening for some coursesFull tuition fees, travel, monthly personal living allowance and other expensesOverseas from a Chevening-eligible country
Santander Masters ScholarshipAny one-year masters course1 available for courses across the faculty of Humanities and Social Sciences£3,000Home/EU/Overseas

Queen Mary Alumni Loyalty Award

Queen Mary rewards our Alumni with a £1000 bursary should they start a Master's degree programme in September 2016.

Postgraduate Funding Guide

Our Advice and Counselling Service has produced a guide about how to fund your postgraduate studies that provides information and advice to Home and EU students.

Alternative sources of funding (Home/EU students)

New Postgraduate Loans Scheme (PGL) 2016

A government-backed Postgraduate Loans Scheme (PGL) will be available for Masters degrees for the 2016/17 academic year.

How much can a student borrow?

Loans of up to £10,000 will be available for eligible students. For part-time courses, the £10,000 will be split over the number of years that the course lasts. Eg for a two-year course, you would get up to £5000 in each year. It will be paid in three equal instalments across the academic year.

Who is eligible for a PGL?

This loan is only for students undertaking a taught Masters or Masters by Research degree in any subject.

The following criteria apply:

  • You must be aged under 60 on 1st August of the year in which you start your course.
  • You must be ordinarily resident in the UK or Islands of the UK on the first day of the first academic year of the course. As an EU student, you must have been ordinarily resident in the EEA/Switzerland for three years prior to the first day of the first academic year of the course.
  • You must have been most recently resident in England.
  • You must not have moved to England from elsewhere in the UK or Islands of the UK solely for the purpose of attending the course. Temporary absences from the UK, such as travel, will not prevent an applicant from being eligible.
  • You must also be a new student - you will not qualify if you already hold a Masters degree (regardless of how it was funded or whether it was achieved outside the UK).

Following the UK's exit from the EU, EU nationals who are assessed as eligible to receive the Postgraduate Loan will continue to receive this loan for the duration of their course. Find out more about: EU Nationals and Student Finance in England.

Which courses qualify for a PGL?

All subjects qualify under this scheme. Eligible Masters courses include the following:

  • MSc (Master of Science)
  • MA (Master of Arts)
  • MPhil (Master of Philosophy) on entry ie only if this is not undertaken as an integral part of a postgraduate Doctoral degree
  • MRes (Master of Research) on entry ie only if this is not undertaken as an integral part of a postgraduate Doctoral degree
  • LLM (Master of Laws)

Ineligible courses include:

  • Postgraduate Doctoral degrees
  • Masters degrees undertaken as an integral part of a postgraduate Doctoral degree
  • Postgraduate Certificates (PgCert) and Postgraduate Diplomas (PgDip)

PGLs are available for study at any UK university with degree awarding powers or an alternative authority funded Higher Education provider with degree awarding powers. A full-time course must be a maximum of two years long and a part-time course a maximum of four years.

How will loan repayments work?

PGLs will be repayable from April after course completion, from April 2019. So if you undertake a one-year programme in the 2016-17 academic year, you will have a year’s break before you become liable for repayments in April 2019.

The loan is income-contingent so you will only be liable to make repayments once you are earning at least £21,000 a year. You will repay 6% of your income above £21,000 plus interest at the current RPI (Retail Prices Index), plus an additional 3%.

If you will also be repaying an undergraduate loan, which is repayable at 9% of income above £21,000 a year, your combined loan repayments will total 15% of income above £21,000. Take a look at this webpage for worked examples: http://www.findamasters.com/funding/guides/uk-postgraduate-loans-repayments.aspx

If you are repaying from overseas, the repayment threshold will be based on the cost of living in your country of residence.

How are applications made?

Applications for the new postgraduate loans are now open. Login or create an account at the Student Finance England website to apply.

New UK PhD Loans

In addition to the PGL for Masters courses, the government has also announced a separate PhD Loans Scheme. Instead of providing a replacement for Research Council studentships, the loans are intended to expand access to PhD study for students who would otherwise self-fund all or part of their doctorates. Exact details of the PhD loans have yet to be confirmed, and it is currently unclear when they will be implemented. Keep an eye on our website as we will be updating this section as soon as further details are announced.

Erasmus+ Masters Loan for EU students

European students may also qualify for the Erasmus+ Masters Loan. This is designed to give European graduates access to affordable loans to study for a Masters degree in another country.

Applications are open for French and Spanish nationals and dates are yet to be announced for other EU member states 

Visit our International Students section to see if your country is taking part yet in the Erasmus+ Masters Loan Scheme

Find out more about the Erasmus+ Masters Loan Scheme

Research councils

Research council studentships are available for some Masters courses. Candidates must have been ordinarily resident in the UK for a period of three years prior to the date of their application (not wholly or mainly for the purposes of full-time education).

Career development loans

Postgraduate students wishing to undertake certain vocational courses who cannot obtain alternative funding may borrow a maximum of £8,000 to cover 80 per cent of course fees plus related expenses. Repayments are delayed and the Government pays the interest during the course and for one month afterwards. Details can be found on the Directgov website.

Employer sponsorship

Many employers are willing to sponsor their employees on either a full-time or part-time basis as part of their career development. If you are in employment you should consider asking your employers whether they can assist with the funding of postgraduate study.

StudentFunder Ltd (social enterprise)

Students enrolling on postgraduate and professional courses can use StudentFunder.com to fund their studies.
StudentFunder.com enables UK, EU and International candidates to launch a crowdfunding campaign and apply for affordable loans. For more information, please visit: www.studentfunder.com.

Alternative sources of funding (Overseas)

Queen Mary continues, more than ever, to attract large numbers of sponsored students from all over the world. Scholarship providers offering funding opportunities to international students wishing to study in the UK are listed below.

Additional scholarship providers offering funding opportunities to international students wishing to study in the UK are listed below.

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