From 2018 onwards the UK Government is offering postgraduate loans for those studying Master's and Doctoral degrees.
The UK Master's Loan offers up to £10,906 per programme for 2019 English entrants on to Master's degrees. The Loan is available for any taught Master's programme including MRes programmes and part-time study. You must be aged under 60 on 1 August of the year in which you start your programme, and other eligibility criteria will also apply.
The UK PhD Loans allow you to borrow up to £25,700. You must be a UK national, ordinarily resident in England, and beginning a PhD at any UK university in the 2019-20 academic year. There are many other ways to and Queen Mary encourages PhD applicants to persue all scholarship avenues before considering taking out a loan.
Get more information about how to apply, eligibility criteria, payment information, and loan repayments, including salary scales and interest rates from Queen Mary's Postgraduate Funding advice guide or read the government's latest guidance at gov.uk/postgraduate-loan.
The two videos below summarise the two different schemes for Master's and PhD loans.