Postgraduate Loans

Home and EU students wishing to study at GCU London may now be eligible to apply for a loan from Student Funding England to help pay for course fees and living costs.

Who can apply?

To be eligible for this loan you must:

  • be a UK or EU national, or have 'settled status'
  • be living in England during your studies
  • be studying one of our taught or research Master’s degree
  • be on a course that last one or two years long
  • be under 60 at the start of your course.

For exact eligibility criteria, see the gov.uk website.

How much is the loan?

If you are eligible for the Postgraduate Master's Loan you can get up to £10,906 (provided your studies start on or after 1 August 2019). The amount will not be based on you or your family's income.

How will the loan be paid?

The loan is paid directly into your bank account in three instalments throughout the academic year. You can use it as you wish for course fees and living costs. The loan is repayable after graduation once you are in employment.

If your course lasts for more than one year, the loan will be divided equally across each year of your course.

Example

If you join a MSc or MBA course starting in January which lasts for sixteen months, and successfully apply for the full £10,906 you will receive £5,453 for the first year of your studies and another £5,453 for the remaining four months of your course.

How can I apply?

You can apply for the Postgraduate Master's Loan on the gov.uk website.

If you have any questions regarding applying for the Postgraduate Master's Loan, or for any further advice on fees and finance, please contact enquiries@gculondon.ac.uk.

 

Please note that the above information is intended as a guide, with full information available on the gov.uk website. Information published on the gov.uk website may have changed after the above guide was written by GCU London, so please check there for the latest information.