Postgraduate Government Funding

If you are studying a master's course at Swansea in academic year 2024-2025, you may be eligible to receive a loan up to a maximum value of £18,950.

Eligibility

Whether you can receive a postgraduate master's loan is dependent on:

• your nationality and residency
• your course
• your university or college
• your age
• your previous study

To check your eligibility, please visit: www.studentfinancewales.co.uk/postgraduate-finance/master-s/who-qualifies

Applications and repayments

The money will be paid into your bank account in 3 instalments, usually once at the start of each term. If your course lasts for more than a year, the money will be divided equally across each year of your course.

You have to pay back any loan you borrow, including interest once you’ve finished or left your course.

To apply, please visit: www.studentfinancewales.co.uk/postgraduate-finance/master-s/how-and-when-to-apply

For more information, please visit the Student Finance Wales website, or contact Student Finance Wales by telephone: 0300 100 0494

Student Finance England is providing postgraduate loans for English domiciled students starting a master's level course at any UK university (including Swansea) from September 2024. 

You could borrow up to £12,471 towards the costs of postgraduate study, including tuition fees and living costs (paid directly to you).

Eligibility

Whether you qualify depends on:

• your course
• your age
• your nationality or residency status

Check your eligibility now.

Visit Student Finance England for more information. You can also learn more about the postgraduate loan scheme by attending one of our Postgraduate Open Days.

Scottish students wishing to study at Swansea University may be eligible to receive a loan of up to £13,900 to study a master's degree or Postgraduate Diploma. 

Please visit the Student Awards Agency Scotland website for more information on eligibility.

Student Finance NI provides loans of up to £6,500 to Northern Irish domiciled students who wish to study postgraduate courses (up to master's level) at a UK university (including Swansea University).

Please visit the Student Finance NI website for more information on eligibility.

Students will be able to study and do work placements across the world through a brand new scheme, the Turing Scheme, which replaces the UK’s participation in Erasmus+. 

If you are a Welsh student, the Welsh Government’s international learning exchange programme, Taith, is also available to you.

Welsh students: for more information and to apply, please visit the Student Finance Wales website

English students: for more information and to apply, please visit the gov.uk website

Please note, doctoral loans are designed to complement other sources of funding so you may also wish to explore alternative funding sources and paid work opportunities during your study. 

Doctoral loans for new students undertaking PhD level programmes are now available:

Welsh students:

The key features of the loan scheme in 2024 include:

• Borrow up to £28,655 towards the cost of any PhD level programme
• Available to Welsh domiciled students aged 59 or under who are not in receipt of a Research Council scholarship
• Available for programmes at any PhD-awarding UK university (including Swansea University)
• Repayments are 6% of income over £21,000 p.a. (combined with master’s and/or undergraduate degree loan if applicable)
• Students already holding a PhD level qualification are not eligible to apply for a loan
• Your course must be a full standalone PhD programme, and not ‘topped up’ from a master’s qualification such as Master’s by Research or MPhil.
• Available for full or part-time programmes
• Non means-tested

Find out more about the Welsh PhD loan scheme.

English students:

The key features of the loan scheme in 2024 include:

• Borrow up to £29,390 towards the cost of any PhD level programme
• Available to English domiciled students aged 59 or under who are not in receipt of a Research Council scholarship
• Available for programmes at any PhD-awarding UK university (including Swansea University)
• Repayments are 6% of income over £21,000 p.a. (combined with master’s and/or undergraduate degree loan if applicable)
• Students already holding a PhD level qualification are not eligible to apply for a loan
• Your course must be a full standalone PhD programme, and not ‘topped up’ from a master’s qualification such as Master’s by Research or MPhil.
• Available for full or part-time programmes
• Non means-tested

Find out more about the English PhD loan scheme.

Welsh students: for more information and to apply, please visit the Student Finance Wales website

English students: for more information and to apply, please visit the gov.uk website