A Postgraduate Master's Loan can help you with course fees and living costs while you study a postgraduate master's course.
The loans will be available for both taught and research Master's programmes, including LLM, MBA, MFA, MRES (but not for PhDs). All disciplines and subject areas are eligible. Loans will be available for full-time, part-time and distance-learning Master's programmes (with certain exceptions). Eligible part-time courses are those that have a duration of:
- two academic years and has a one year full-time equivalent;
- or three or four academic years and has a two years full-time equivalent;
- or up to three years and has no full-time equivalent.
The loans will also cover split-site Master's at Kent's specialist centres in Brussels, Paris and Rome provided you spend at least 50% of your study time (and credits) at Kent's UK campuses. For any other split site programme, we recommend that you confirm with the relevant school the percentage of time spent in the UK and abroad.
The loans are not means tested and are paid directly into your UK bank account in three instalments of 33%, 33% and 34% through the academic year.
The earliest you’ll start repaying is either:
- the April after you leave your course
- the April 4 years after the course started, if you’re studying part-time
Repayments will be income-contingent and made concurrently with undergraduate loans. Details on repayment rates and rates of interest are available at https://www.gov.uk/repaying-your-student-loan/what-you-pay.