There has never been a better time to study a postgraduate degree. Not only because of the career and salary benefits, but because funding has never been more accessible.
Government research shows that undertaking a postgraduate degree is a major investment in your future: the average salary for someone with a postgraduate qualification in England is £38,000 – compared to £32,000 for graduates and £22,500 for non-graduates (Department of Education, 2016).
Postgraduate degrees offer specialist training and knowledge in a specific area, enabling you to progress in your current career path or change direction. You can improve your overall employment prospects by gaining chartership in certain fields, and often these qualifications are recognised worldwide.
There’s no reason to turn down a postgraduate degree, especially when you consider the long-term benefits and the funding options available, ranging from postgraduate loans to scholarships.
Here’s everything you need to know about funding a PG degree.
Postgraduate Master’s Loan
A Postgraduate Master’s Loan can help with course fees and living costs while you study a postgraduate master’s course.
The loan is paid directly to you. You can use it for your course fees and living costs. You can get up to £10,609 for your whole course.
If you’re studying for 2, 3 or 4 academic years, the loan will be divided equally across each year. Your course can be taught or research-based.
You have to repay your Postgraduate Master’s Loan at the same time as any other student loans you have. The earliest you can start repaying is on the first April after you leave your course, if your annual income is over £21,000.
Find out more about Postgraduate Master’s Loans and how to apply.
Scholarships from Bradford
We invest over £4m annually in scholarships to support students from all backgrounds.
Every year we award numerous non-repayable scholarships to UK, EU and international students on the basis of academic excellence, personal circumstances or economic hardship.
Here’s a run-down of our top scholarships.
All alumni of the University of Bradford, regardless of when they have graduated, will receive a discount on their tuition fees dependant on the result achieved in the their undergraduate degree. If they achieved a 2:2 the discount is 10%, a 2:1 is 15% and a 1st is 20%.
Scholarships worth up to 50% of the tuition fees are available, based on your experience and the contribution you could make to the cohort.
Early applications are encouraged as scholarships are awarded on a rolling basis. You will be automatically assessed for a scholarship as part of the application process.
The Country Specific scholarship is open to self-funding students from this list of countries.
All eligible students are entitled to a £2,000 scholarship as a fee reduction for meeting or exceeding the entry criteria. This discount is payable in all years of study on the course.
We have many other scholarships available for students wishing to pursue a postgraduate taught or research degree.
Find out more about our postgraduate taught and research degrees. There’s never been a better time to study a postgraduate degree and take your career to the next level.