BIS announce Postgraduate Loans (England)

27 November 2015

From academic year 2016/17, the Department for Business Innovation and Skills will, for the first time, provide a loan of up to £10,000 per student for postgraduate Masters study.

Postgraduate Loan (PGL) for Master’s study will be:

-          a contribution towards the costs of study, i.e. it will be at the student’s discretion to use the loan towards fees, maintenance costs or other costs;

-          non-means tested;

-          paid directly to the student.

The full Government response to the consultation on support for postgraduate study, including detail on the policy (within annex two, on pages 23-25) can be found at:  

https://www.gov.uk/government/consultations/postgraduate-study-student-loans-and-other-support

We have developed a policy summary outlining the key features of the new loan, which is available on the policy pages of our SFE Practitioner website.

Postgraduate Loans Awareness Seminars

SLC will deliver a series of Postgraduate Loans Awareness Seminars between 12 – 22 January 2016, in London, Birmingham, Leeds and Edinburgh, to support partners with implementation of the new loans.

For further information about the events and to register please go to www.events-slc.co.uk

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