Postgraduate Master's Loan

How it's paid

Payments are made directly to the student after their course start date, once their university or college confirms that they’ve registered.

They must have a UK bank or building society account in their own name.

The loan will be split equally and be paid in three instalments each academic year.

Their entitlement letter will tell them how much they’ll get and when they should expect each payment. They can also view their payment dates on their online account.

If a student leaves their Master's course early, we'll stop any future payments.