Funding your studies
Universities may ask to see evidence that you will have enough funds, and may let you pay tuition fees in instalments (or offer a discount for full payment upfront). Postgraduate study can be very expensive, so check the costs involved. As well as course fees, expenses could include accommodation, travel, books, equipment, insurance, etc.
Taught courses generally cost more than research based courses. An MBA course will cost considerably more than a Masters course. Courses involving laboratory work are usually more expensive, charging an additional laboratory fee.
Some of the main ways to fund postgraduate study
- Universities may have bursaries available – details and conditions vary so check out the details at the university you hope to attend. Some funding is merit based and some may be means tested
- Turn2us - Charitable organisations and trusts for people who meet specific criteria on
- Some students also use crowdfunding, see Guardian article (Jan 2020) on funding via charities and crowdsourcing
- Employers sometimes fund employees or give financial support towards relevant qualifications (check individual employer websites/graduate training schemes for details)
- Part time employment – depending on the demands of your course it may be possible to combine part time work with your study, or you may have the option of studying on a part time basis for a longer period while working
For information about funding for postgraduate study (including loans) see the GOV.UK website. You can read more about this loan system on the University's Postgraduate study pages.
Ask your prospective university about institutional or Research Council funding; check out the postgraduate pages on their website for information about fees and funding.
There is more funding available for research, so if you are considering a PhD, ask departments and supervisors about funding in your subject area.
Funding for international students studying in the UK