From academic year 2016/17, the Department for Business Innovation and Skills will for the first time, provide a loan 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;
paid directly to the student (if you wish to use this to pay your fees we recommend you set up a Direct Debit to enable you to pay in 3 instalments)