UK and EU master’s student funding
If you are a prospective master’s student from the UK or EU, there are potential sources of funding available.
Our funding opportunities database contains details of the major student award schemes offered by the British government and other organisations, as well as a number of awards offered by the University and its Faculties and Schools.
Postgraduate loans (PGL)
Postgraduate loans are available for eligible students studying taught and research master’s courses.
The maximum loan available for 2018/19 is £10,609, and applications are expected to open in late Spring.
EU postgraduate students
Funding support for EU students applying for university places in the 2017/18 academic year has been confirmed by the UK government. The government has also confirmed this support for EU students applying for university places in the 2018/19 academic year.
If you are a student from another EU country, you will continue to remain eligible for master’s, postgraduate and advanced learner financial support in academic year 2018/19 and will continue to have access to student loans and grants, even if the course concludes after the UK’s exit from the EU.
EU nationals will also remain eligible to apply for Research Council PhD studentships at UK institutions for 2018/19 to help cover costs for the duration of their study.
Professional and Career Development Loans
Some students finance their studies by applying for a Professional and Career Development Loan. These are different from undergraduate loans in that they are bank loans with stricter payment conditions. You can take out between £300 and £10,000. Loans are usually offered at a reduced rate and the government pays interest while you study. Further information is on the GOV.UK website.
Manchester Alumni Scholarship Schemes
Recent graduates who start a master’s course in the Faculty of Humanities or the Faculty of Biology, Medicine and Health from September 2018 onwards may be eligible for this scholarship.
- Read more about our Manchester Alumni Scholarship Schemes
Manchester Master's Bursary
A number of bursaries for students from widening participation backgrounds are available for students on master's courses.
- Read more about our Manchester Master's Bursary
Charities and alternative funding sources
Charities, foundations and trusts provide an alternative range of funding and awards for master’s study for which you might be able to apply.