Facebook
Twitter
Google+
Image credits
 

Postgraduate loans

In 2016, the UK Government introduced new postgraduate loans for students starting a Masters course from 1 August 2016. Postgraduate students are able to apply for a government loan of up to £10,000 towards course fees or living costs, subject to government confirmation.

Am I eligible for a Postgraduate loan for 2017 entry?

  • Students must be starting on a course from September 2017.
  • Students must be studying for a full time taught or research Masters course that has a duration of one or two years.
  • Some part time courses are available for loans. Find out more at Prospects.
  • Students must not have previously studied a Masters degree or PhD.
  • Students will have to be under 60 at the start of the first academic year of their course.
  • The Postgraduate Loan is mainly eligible for students who have lived in England for three years although there are some exceptions; Scottish, Welsh and Northern Irish students will need to have lived in England for a minimum of three years and not to have moved to England for study.
  • EU students would also be eligible for the Postgraduate Loan if they have lived in England for at least three years, if they have not moved to England for study.

How will I receive the loan?

The loan will be paid directly to you in three annual instalments.

Can I get a loan if I already have an existing student loan?

If you have an existing Undergraduate loan, you can still apply for a Postgraduate loan but both will still need to be re-paid.

How do I repay my loan?

You will start to repay your loan when earning over £21,000, paying back 6% on earnings over £21,000. You will not start to repay your loan until 2020 but you can make voluntary early repayments and the loan will be written off after 30 years. The loan will be charged at an interest rate of RPI plus 3%. Interest will start to accrue as soon as the loan is taken out.

How do I apply for a Postgraduate loan?

Application and eligibility information is available at Student Finance England.

Further information on Postgraduate Loans is available at gov.uk.

Two students looking at artwork in a workshop.
Students working on projects at NUA.
Student working on a computer at NUA
logo

BAFTA Scholarships available for MA Moving Image and Sound applicants

The BAFTA Scholarship Programme aims to assist talented students in need of financial support on postgraduate courses. Recipients receive up to £12,000 to cover their annual course fees; an industry mentor; and free access to BAFTA events around the UK. The MA Moving Image and Sound course at NUA is eligible for this scholarship. The deadline is Monday 12 June 2017.

MA Moving Image and Sound 2016 graduate Bradley Morgan Johnson, was awarded £3,000 towards his postgraduate studies by BAFTA. Find out more about scholarships.

Chat to
our friendly recruitment team

To find out more about how to apply for a course at NUA, talk to Lynne, Tom or Tori in the following ways:

Call +44 (0) 1603 610561
studentrecruitment@nua.ac.uk
Tweet @NorwichUniArts