There's no reason to let the cost of Masters or PhD study hold you back. Discover your postgraduate funding options with our guide to the loans, scholarships and bursaries available, and get advice on employer sponsorship and working while studying. A range of viable options are available to help you fund your Masters, but with scholarships and bursaries you won't have to pay the money back.
Jobs and work experience Search graduate jobs Job profiles Work experience and internships Employer profiles What job would suit me? Job sectors Apprenticeships Working abroad Gap year Self-employment. Search postgraduate courses Funding postgraduate study Universities and departments Study abroad Conversion courses Law qualifications. What can I do with my degree? Getting a job CVs and cover letters.
Applying for jobs Interview tips Open days and events. And if a university education wasn't already expensive, many students are finding that an undergraduate degree isn't enough. Fortunately, there are ways to avoid further debt or abject poverty during your graduate degree. Here are five ways to fund your master's degree. Scholarships If you thought that scholarships and grants were only for undergraduates, think again.
There are numerous scholarships aimed at funding post-graduate studies — you just need to know where to look. If you're already enrolled in a program, visit your school's financial aid department and ask for information on scholarships specific to your course or department.
It should go without saying, but the internet is your friend when it comes to graduate funding. Sites like gograd. Minority students should check the McNair Scholars Program. Research Grants Grants are a bit more specialized than scholarships and may take a bit more effort, but they have the added benefit of counting towards career development, especially if you plan on going into an academic or research career.
Again, start with your institution and look for research or project grants aimed at your degree. Many departments have grant funding for graduate students to complete specialized training, travel for research, or purchase necessary supplies or equipment. Ask your professors or advisors — they may already have or may be applying for funding and will be seeking research assistants. The most common source of funding for masters students is a masters loan provided by governments of all UK nations.
You should apply for this loan at your nation of residence, but not where you plan to move to study. Other sources of funding include:. In addition to student loans from the government, masters students in the UK can get additional funds from other lenders with special loans tailored for postgraduate funding.
These loans are easy to apply if you are from a country supported by the lending company. Prodigy Finance is a good example of a loan you can take to fund your postgraduate degree. The lender is a private loans company that specialises in helping both home and international students get funding to join their dream universities without collateral or a co-signer.
Prodigy Finance supports over schools in more than 18 countries, meaning it is easy to obtain funding for your masters degree. Students looking for a source of funding for their masters degree in the UK should also check the loans on offer from Lendwise. These loans are easy to apply for online, plus in many case you will not start on the repayments until after graduating.
While their target borrowers are UK residents looking to fund their studies, Lendwise also accepts applications from European and international students with an offer from UK universities or other certain European universities or business schools.
Since universities want to encourage good applicants to their postgraduate programs, they will offer financial resources like postgraduate scholarships to attract such talents. If you are already enrolled in a masters program, you can gather more information about the scholarships available for your specific source or department. Students who are yet to enrol can start by researching the available scholarships for their preferred courses before applying.
You might find a university offering scholarships for the masters program you plan to enrol in. In many cases UK universities offer Alumni Scholarships to encourage their undergraduate students to go on to their postgraduate studies at the same institution, so it is worth checking if this is the case, too.
In addition to university scholarships, it is also worth investigating other scholarship sources — such as those offered by private companies or charities. The Scholarship Hub is a website that provides a roundup of many of the university funding opportunities available to postgraduate students via its comprehensive database.
Since the seven UK Research Councils have a duty to support research projects and train new researchers, they provide funding to researchers looking to gain more skills through masters and PhD programs. The funding will cover your course fee and a tax-free maintenance grant.
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