Postgraduate Master’s Loan explained 2018/19

Will you be starting a Postgraduate Master’s course in academic year 2018/19? You might be able to get a Postgraduate Master’s Loan of up to £10,609 to help towards your course and living costs You can apply this summer

You should apply as early as possible once the service opens to make sure you get your money in time for starting your course You have to repay any Postgraduate Master’s Loan you borrow, but not until your income is over £21,000 a year You’ll be due to start making repayments the April after you finish or leave your course The amount you repay each month is based on your income, not how much you borrowed You’ll repay 6% of your income over £21,000 towards your Postgraduate Master’s Loan

If you’ve had any other loans from the Student Loans Company for your undergraduate course, you’ll also repay those at the same time For more information search for Postgraduate Master’s Loan on GOVUK