Manchester Metropolitan University

Postgraduate Loan Scheme

Up to £10,000 for UK/EU students starting from September 2016.

Postgraduate Loan Scheme up to £10,000 available for UK/EU students starting from September 2016.

All information correct as of 6th April 2016.

Who will be eligible?

  • The loan will be available for English students resident in England and studying a taught postgraduate course (full-time, part-time and distance learning), including research postgraduate Masters courses, at a UK university (includes institutions in Scotland, Wales and Northern Ireland, as well as those in England).
  • The loan will not be available if you already have a Masters qualification (including integrated Masters or Doctorate). Please note: if you already hold a PGCE, PG Dip, PG Cert this will not affect eligibility.
  • If you are Scottish, Welsh or Northern Irish, but ordinarily live in England, and have done so for the last three years, you will be able to receive a loan.
  • You can receive the postgraduate loan to study in England as an EU student. You will need to have been ordinarily resident in the European Economic Area (EEA) or Switzerland for at least three years prior to the beginning of your course.
  • Students aged under 60 will be eligible for a loan.

Which courses and levels of study are eligible?

  • Courses commencing in September 2016 onwards will be eligible for this funding.
  • A list of eligible courses at Manchester Metropolitan University will be published shortly.
  • Please note that Postgraduate Certificates of Education (PGCE) will not be eligible for the postgraduate loan.
  • Please note only full Masters courses are eligible for funding: you cannot use any existing credits you may have towards completing the course.

How will the loan be paid?

The postgraduate loan will be available up to a maximum value of £10,000 (non-means tested), paid directly to students from the Student Loans Company.

Payment dates for full-time students (course duration 12 months) will be split equally between the following payment dates:

  • Course start date*
  • Course start date plus 4 months
  • Course start date plus 7 months

*You will receive your first payment within 3-5 working days of the University confirming to the Student Loans Company that you have started your course.

Payment dates for part-time students or courses longer than a 12-month duration will be made across a 2 year period with a maximum loan of £5,000 in year 1.

Repayment key facts

  • Postgraduate loan repayments will be based on your income. UK based students will begin repayments after April 2019 and only when income is over the current threshold of £404 a week, £1,750 a month or £21,000 a year.
  • Voluntary repayment can be made before this date directly to the Student Loans Company without any penalties.
  • Repayments will be made concurrently with any undergraduate student loans you are repaying.
  • Interest will be charged at RPI +3% and will accrue from when you receive your first payment.
  • Students repaying from overseas will have a repayment threshold applied, which is based on the cost of living in their country of residence and will make repayments directly to the Student Loans Company.
  • The thresholds will be frozen until April 2021; any future changes to the thresholds will be confirmed by the Student Loans Company in due course.
  • Further information and repayment examples from Student Finance England.

How do I apply?

Student Finance estimate that they will open for applications in early summer 2016, although you can still apply for your postgraduate course now.

Are other options available?

We aim to provide clear and upfront information about our competitively priced tuition fees, alumni discounts, payment options and funding opportunities to help you make your decision.

There are lots of options available – find out more about the options for UK and non-UK students.  

You may also be able to apply for one of our course or faculty specific scholarships.

Will I still be eligible for the Alumni Loyalty Discount?

If you are a Manchester Met graduate you may also be eligible for a 20% Alumni Loyalty Discount.

How much does a postgraduate course cost?

Detailed information on course content, costs, duration and entry requirements can be found on our postgraduate study section.

Eligible courses by Faculty

Please check if your chosen course is eligible for the Postgraduate Loan Scheme for 2016/17 academic year entry (from September 2016).

Faculty of Arts and Humanities 95 courses

The list is ordered by award name, then alphabetically.

If you haven’t been able to find the course you’re interested in, please email PGL-Enquiries@mmu.ac.uk.

Faculty of Health, Psychology & Social Care 19 courses

The list is ordered by award name, then alphabetically.

If you haven’t been able to find the course you’re interested in, please email PGL-Enquiries@mmu.ac.uk.

Faculty of Education 19 courses

Faculty of Business & Law 50 courses

The list is ordered by award name, then alphabetically.

If you haven’t been able to find the course you’re interested in, please email PGL-Enquiries@mmu.ac.uk.

Faculty of Science & Engineering 58 courses

The list is ordered by award name, then alphabetically.

If you haven’t been able to find the course you’re interested in, please email PGL-Enquiries@mmu.ac.uk.

MMU Cheshire 14 courses

Find a Postgraduate Course and Apply Now Apply Now for a Postgraduate Loan

Related links

Postgraduate Study