From August 2016, English resident students can borrow up to £10,000 to study at masters level.
The £10,000 can be used to pay for your tuition fees or other costs associated with studying, such as living costs or course expenses. The loan can cover a wide range of postgraduate study options – part-time, full-time and distance learning.
If you are due to start a full-time or part-time master’s degree after August 1, 2016 you can APPLY NOW for a postgraduate loan.
Am I eligible?
To be eligible for the loan, you must:
- Be studying for a taught master’s degree
- Be under 60 years of age at the start of the first academic year of your course
- Normally reside in England or Wales
- Studying at a university or college, or by distance learning
You are eligible for the Postgraduate Loan if all of the following apply:
- you’re a UK or EU national, or have ‘settled status’, so there are no restrictions on how long you can stay
- you normally live in England, and didn’t move there just to study
- you’ve been living in the UK, the Channel Islands or the Isle of Man for 3 years before starting your course
For further details please see Government Postgraduate loans.
To check if you are able to get a Postgraduate Loan for your course here at Wrexham Glyndŵr University, please contact our student fees and funding team.
What am I entitled to?
The loan isn’t means-tested and will allow you to borrow up to a maximum of £10,000 to help pay for your tuition fees and living costs. If you are in receipt of any other form of funding, such as scholarships or bursaries, this will not affect your eligibility for the loan.
Typically, postgraduate courses last between 1-4 years, depending on whether you are studying full-time or part-time.
For full-time students on a one year programme, you will be entitled to the full £10,000 during this year. If your course is over two-years, you will receive £5,000 for the first year of study, and the rest in your final year. Further years of study will not be eligible for funding.
The loan will be paid into your bank account in three instalments during the academic year.
If you take out a postgraduate loan from September 2016, the earliest you will begin to repay the loan will be April 2019.
Repayments will only commence once you are earning a minimum salary of £21,000 per year.
Wrexham Glyndwr University offers a Postgraduate scholarship scheme for taught postgraduate study in academic year 2017/18.
The following fee-waivers are available to Wrexham Glyndwr University graduates and wish to undertake a full- or part-time postgraduate taught degree programme at Wrexham Glyndwr University.
- 50% for graduates who have secured a first-class degree
- 25% for graduates with a 2:1
- 10% for graduates with a 2:2
The application deadline is June 30, 2017, terms and conditions apply.
Eligibility: To be eligible for the scholarship, the prospective student must meet the entry requirements for their chosen postgraduate programme of study and be in receipt of an unconditional offer for entry on to that programme before the application deadline, as well as enrolment and registration conditions.
- The scholarship cannot be used in conjunction with any other scholarship, bursary or other fee discount package offered by the University.
- The scholarship is in the form of a fee-waiver covering 50% of the home fee for the intended programme of study for a first class degree, 25% for a 2:1 and 10% for a 2:2. No cash equivalent will be paid.
- Students in receipt of a scholarship are responsible for the difference in fees between the value of the scholarship and the full fees for the programme, together with any additional costs associated with, and applicable to, the programme for which they enrolled.
- The scholarship is available for the normal duration of the programme of study (usually, but not exclusively 1 year full-time or 3 years part-time). Students who do not complete their programme within the normal programme duration will be liable for the full amount of any additional fees associated with the continuation of their study.
- Students previously registered for a postgraduate award at the University, but who have not successfully completed their intended programme of study, will not be eligible for this scholarship.
- The scholarship cannot be retrospectively applied to previous academic years.
- Programmes included in the Scholarship: MA; MBA; MSc; MRes; Postgraduate Certificate (excluding PGCE); Postgraduate Diploma.
- Programmes of study not listed (including the Executive MBA, MPhil courses, PGCE), are not covered by this scholarship scheme.
- The Scholarship is available only to students undertaking their studies at: Wrexham Glyndwr University Wrexham; Wrexham Glyndwr University Northop; Wrexham Glyndwr University St Asaph; and the Advanced Composites Training and Development Centre.
How to Apply: Applicants who meet the Postgraduate Scholarship criteria and have received a conditional or unconditional offer of a place on a postgraduate programme of study will automatically have the scholarship applied following enrolment. If you have any questions about the process, please see the contact details below.
The deadline for applications is 30th June 2017.
Alternative funding for Postgraduate courses
Many graduates take up postgraduate study directly after completing their first degree. However there is always the option of deferring your further study to a later date - this way you may even be lucky enough to work for an employer who is able to pay for - or at least part-fund your course, particularly if the course is relevant to your career progression.
An employer-sponsored postraduate course can be an ideal arrangement - you will be given the opportunity to achieve a qualification that will improve your ability to do the job and will open up your career prospects, and your employer will benefit from a better-qualified, more productive and better motivated employee.
Key things to agree with your employer:
- How the fees will be paid (will you be liable for any of the costs?)
- Who will pay for your study materials?
- Time off for classes, revision and exams
- Will this time off be deducted from your holiday allowance?
- Will you be tied in to an agreement. If so, how long for?
Professional and Career Development Loans
Wrexham Glyndŵr University is a Professional and Career Development Loans registered Learning Provider, registration number . A Professional and Career Development Loan is a commercial bank loan that you can use to help pay for work-related learning. For further information on financial assistance to support your learning, please visit the GOV.UK website or contact the National Careers Service on 0800 100 900.
Click here for further information on alternative funding options