Fees and funding
Funding options for postgraduate study at LSBU
Tuition fees and the range of available financial support differ depending on whether you are defined as a Home, European Union (EU) or International student. Help with understanding this is on the UKCISA website.
Postgraduate loan (PGL) for Masters study
If you are starting a Masters course, studying either full- or part-time from 1 August 2017, you may be entitled to apply for a £10,280 postgraduate study loan.
To be eligible for a postgraduate study loan:
- you have to be studying a taught or research Masters course. This applies to MA, MSc, MPhil, MRes, MBA and some LLM courses
- you can be studying at university or by distance learning
- your course can be one or two years long, if you are studying full-time
- part-time courses must be studied at a minimum 50% intensity of the equivalent full-time course
- you must be studying for a full Masters award – you cannot be topping up from previous study or experience, for example receiving exemptions or APL/AP(E)L
- you can check your personal eligibility at Gov.uk
Please note: not all postgraduate courses qualify for the loan scheme. The following is a summary of the courses that do not qualify:
- Postgraduate Doctoral degrees
- Masters degrees that are undertaken as an integral part of Postgraduate Doctoral degrees
- Courses with a postgraduate element that are currently eligible for undergraduate support (e.g. Initial Teacher Training (PGCE), Integrated Masters, Masters of Architecture (MArch). Students may be eligible for a PGL for the MArch course where they are ineligible for undergraduate support for this course, for example, because the gap between RIBA parts 1 and 2 is deemed to be too long, or where the MArch course is studied on a part-time basis.
Some part-time courses do not qualify because they take longer to complete than twice the equivalent full-time course. For further clarification, see our current full list of courses that do not qualify (PDF File 78 KB). This list is subject to change, and is being updated as our curriculum develops, so please check regularly to ensure the course you are applying to study on doesn't appear on this list.
Students in receipt of NHS or Social Work bursaries are ineligible for PGLs.
Students who already hold an equivalent level Masters qualification are also ineligible.
PLEASE NOTE: Universities have an obligation to inform Student Finance England of any changes to your programme of study, after enrolment, which may affect your eligibility for the Postgraduate Loan. This includes:
- transfers to programmes that do not qualify for the loan scheme (for example from MSc to PGDip programmes)
- the award of APL or APEL credit giving you exemption from studying the full Masters programme
- withdrawal or interruption from your course
- exiting the course with a lower qualification
As a result of this notification, Student Finance England may cancel your loan and reclaim any overpayment deemed to have been made.
Please note, the University has agreed that if your loan application is approved by Student Finance England and you have evidence of this at the point of enrolment, we will fully enrol you on the course (providing all other enrolment conditions are met), without the need for any upfront payment.
Students starting in September 2017 or January 2018, enrolling on programmes of at least 1 year's duration, in this situation, are offered an exceptional instalment arrangement.
Exceptional instalment arrangement for postgraduate loan holders
|September 2017 start courses||January 2018 start courses|
|1/3 of the year's tuition fees by 17 November 2017||1/3 of the year's tuition fees by 2 March 2018|
|1/3 of the year's tuition fees by 31 January 2018||1/3 of the year's tuition fees by 1 June 2018|
|1/3 of the year's tuition fees by 27 April 2018||1/3 of the year's tuition fees by 12 October 2018|
Please note: different instalment dates apply to non-Postgraduate loan holders. For more information please visit the self-funding students section of our How to Pay page.
Your loan will be credited to your bank account by Student Finance England once you have fully enrolled, and we have confirmed your registration.
For further information, see the Postgraduate Loans information sheet (PDF File 83 KB).
Please note: if your course duration is longer than 1 year but less than 25 months (i.e. 13-24 months), your Postgraduate Loan will be paid in equal termly instalments over two years by Student Finance England (SFE). For a £10,280 loan, that would be £5,140 each year.
However, if your course duration is 1 year (12 months), the full amount of loan applied for (£10,280) will be paid in 3 equal termly instalments of £3392.40, £3392.40 and £3495.20 by SFE, across the one year.
If your course duration is between 25-36 months and the equivalent full time course duration is 2 years (for PGL purposes) your loan will be paid across 3 academic years (Year 1: £3426, Year 2: £3426, Year 3: £3428).
If your course duration is between 37-48 months and the equivalent full time course duration is 2 years (for PGL purposes) your loan will be paid across 4 academic years (Year 1: £2570, Year 2: £2570, Year 3: £2570, Year 4: £2570).
If you can’t find your course on the Student Finance England’s list of approved courses, please ensure that you have indicated the correct duration of the course. Any course which runs for more than 12 months, even if it’s for 13 months, is categorised with Student Finance England as a two-year course.
Visit Find A Masters for a comprehensive list of frequently asked questions.
Tuition fees can vary on the type of course and subject, and whether you qualify as a Home, EU or International student and study full-time or part-time. See our tuition fee regulations (PDF File 129 KB) for further information. Version 2017/18 to follow. Individual fees information can be found in each entry of our Course Finder.
We offer flexible payment options and discounts for students paying their tuition fees upfront. Students paying their tuition fees outright and international students paying their deposits pay the University direct. Find out more in our section on How to pay.
Some courses include compulsory residential stays and their cost is added into your total tuition fee.
Possible fee changes
Current regulatory proposals suggest that institutions will be permitted to increase fee levels in line with inflation up to a specified fee cap. Specifically, LSBU may be permitted to increase its fees for new and existing Home and EU students. The University reserves the right to increase its fees in line with changes to legislation, regulation and any governmental guidance or decisions.
The fees for international students are reviewed annually, and additionally the University reserves the right to increase tuition fees in line with inflation up to 4 per cent.
International students can read detailed information about fees and funding opportunities in the International section of our website. There, you can also read about checking if you are considered a home, EU or international student for fee-paying purposes.
Erasmus+ Master Loan by the European Commission allow residents from any of the 28 EU member countries or associate countries to apply for financial support for their Masters studies abroad. The loans will be offered by participating banks and student loans companies at favourable rates and can be up to €12,000 for a 1-year Masters programme or up to €18,000 for a 2-year Masters programme. The loans can be used to cover both living and tuition costs.
Studentships and research grants for postgraduate courses are available from research councils and other charitable sources. Support is available from a variety of resources including scholarships through this University and Professional and Career Development Loans (PCDLs). Be aware that PCDLs are personal loans offered by high street banks which can take a considerable amount of time to be finalised. You are therefore advised to apply in good time before you enrol at university.
Below are further details on a range of relevant research councils, educational trusts, charities and employer sponsorship.
All Research Councils consider funding individual postgraduates but the process is competitive and getting a place on a postgraduate programme does not guarantee you an award.
Applications can be made to:
- Biotechnology and Biological Sciences Research Council (BBSRC) – includes agriculture, food, the non-medical biological sciences and related physical sciences and engineering
- Economic and Social Research Council (ESRC) – includes issues of importance to business, the public sector and government
- Engineering and Physical Sciences Research Council (EPSRC) – includes engineering, information technology and manufacturing technology
- Medical Research Council (MRC) – includes biomedical sciences
- Natural Environmental Research Council (NERC) – includes terrestrial life sciences and science-based archaeology
- Science and Technology Facilities Council (STFC) – includes particle physics, astronomy and physical sciences
Educational Trusts and Charities
Some trusts and charities may be able to contribute to the costs of postgraduate study, but any awards are likely to be small. Students should generally start applying for funding in the year before their course is due to start. The Educational Grants Directory, Awards Almanac and Grants Register and other useful publications are available in most public and academic libraries and give information on the various charities and their provision.
The Educational Grants Advisory Service (EGAS) may be able to help you locate educational trusts – phone EGAS direct on 020 7254 6251.
Get in touch with the Student Life Centre.
Postgraduate students may be eligible for the following financial assistance from LSBU:
Postgraduate students may also be eligible for the following external financial help for a range of circumstances, such as Career Development Loans and Child Tax Credit/Working Tax Credit. Further details are given in our Student Life section of the website.
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