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Funding for Master's study can be limited, so most students piece together different funding sources to cover their costs. Find out about the available options below.
听Current scholarship spotlight
This guidance is for students studying for an MA, MSc or MRes at MyAV范 and includes:
- How much does a Master's cost?
- Government loans
- Scholarships
- Funding for disabled students
- Benefits
- Other sources of funding
- Current Master's students
How much does a Master's cost?
When calculating the cost of a Master's there are two elements to consider - tuition fees and living costs.
Tuition Fees
Tuition fees will vary from programme to programme, and depend on whether your fee classification.听
Below are the full-time tuition fees for the 2023/24听academic year - they do not include fees set by other providers.听Part-time or modular fees are normally charged pro-rata. Check the Graduate Prospectus for information on what听your fees may be for any particular programme.
MyAV范 tuition fees (2023/24 entry)
| 听 | UK Students | Overseas students |
|---|---|---|
| Master's programmes | 拢10,800听鈥� 拢45,000 | 拢19,400听鈥� 拢52,900 |
| MRes programmes | 拢5,690听鈥� 拢21,220 | 拢21,220听鈥� 拢31,040 |
Living costs
The amount spent on living costs may vary greatly from student to student and depend on lifestyle and individual circumstances.听Information on the cost of study听can be found on听MyAV范's cost of study page.
Government loans
Some governments offer loans for students pursuing postgraduate study. Check with your home government to see what funding they may offer.
Postgraduate Master's Loan from Student Finance
Some students may be eligible for a Postgraduate Master's Loan听from Student Finance. Unlike undergraduate Student Finance, this听is a single loan that acts as a contribution towards the cost of study. It is unlikely that it will cover the cost of both tuition fees and maintenance. For courses听starting in the 2023/24 academic year, you could get up to 拢12,167.
The loan is paid to you directly to use in any way you choose. This means you will be responsible for arranging payment of your own tuition fees, as the loan will not go directly to MyAV范 like an undergraduate tuition fee loan.
Eligibility
Information on the loan including full eligibility details can be found on the .
Please note that you must be doing a full standalone Master's of 180 credits to be eligible for the loan. You will not be eligible for the loan if you are studying on a modular/flexible mode of attendance, or are using credits from previous study towards your Master's under MyAV范's Recognition of Prior Learning scheme.
How your Postgraduate Master's Loan听might affect your benefits
If you receive means-tested benefits, 30% of the maximum Postgraduate Master's Loan听is treated by the Department for Work and Pensions as being for living costs and hence will be considered income when assessing any benefit award. For benefit purposes, you will be treated as having this amount, regardless of whether you actually take up the loan.听
Interest and Repayment
You鈥檒l be charged interest from the day you get the first payment until your loan听is repaid in full or cancelled.听
Find out more about interest and听repayment of Student Finance loans on the听.
Sharia-compliant loans
The government has been looking in to the possibility of an alternative Sharia-compliant funding system which would be available alongside traditional student loans. However at present this system is not yet in place.
U.S. Loans
MyAV范 participates in the William D. Ford Federal Direct Loan Program (Direct Loans). This is the main U.S. Federal funding available to American students in the UK.听
The processing of loans at schools outside the US is different from the process听when applying to a school inside the US. Students applying to Direct Loans for study at MyAV范 should follow the instructions carefully as we will not be able to administer your loan unless you submit that application to the Student Funding Office as outlined in the guidance.
Canadian Loans
Students from Canada may be able to apply for Canada Student Loans and provincial or territorial student assistance.听
Find out more about Canadian Loans
Scholarships
MyAV范听and some external organisations provide scholarships to Master's students.听
MyAV范 Scholarships
There are a number of scholarships available to postgraduate students including our MyAV范 Masters Bursary for UK students and our MyAV范 Global Masters Scholarship听for international students. You can use the scholarships finder to search for awards that you might be eligible for. Your academic department will also be able to provide you with more information about funding.
External Scholarships
Online aggregators like , ,听听and contain information on a variety of external schemes.
has a selection of bursaries that are open to postgraduate students from anywhere in the world.
If you have specific circumstances or ethnic or religious background it is worth searching for scholarships/bursaries/grants that relate to those things. Some schemes are very specific.
Find out more about external funding options
Funding for disabled students
Master's students who have a disability may be able to get extra funding for additional costs they incur to study.
Disabled Students' Allowances
If you're a Home student, you听can apply for to cover some of the extra costs you have because of a mental health problem, long term illness or any other disability.
You can get the allowances on top of your other student finance. You won鈥檛 need to repay DSAs.
MyAV范 Student Support and Wellbeing provide information around DSAs and other support available for disabled students at MyAV范.听听
Disabled students who are not awarded a Disabled Students鈥� Allowance may be eligible for a .
Disabled students may also wish to read more information about the which are offered by The Global Disability Innovation Hub and the Snowdon Trust.
Disabled International Students
MyAV范 recognises that disabled students may have to incur additional costs in order to pursue their studies. If you are an international student who would like to discuss this further please contact Student Support and Wellbeing.
Benefits
As a student, it is unlikely you will be able to claim benefits unless you have a disability or have children.
The charity have guides on what benefits students may be eligible for.
If you are experiencing problems with your benefits, contact the .
Council Tax
Full-time students do not need to pay council tax
Other sources of funding
Some charitible organisations provide small amounts of money to students with particular backgrounds or studying particular subject areas.
From time to time external organisations contact the MyAV范 Funding team with funding opportunities. We place these on an . MyAV范 does not administer or take responsibility for any of these schemes. If you are unable to access the Hootboard when logged in to a Hootboard account, please sign out and refresh the page.
Some students choose to apply for personal loans provided by private finance companies. MyAV范 is not affiliated with or able to endorse any private loan providers.
The contains information on over 3,000 charitable funds offering welfare and educational grants, as well as other support and services.听
The is a portal for alternative sources of funding - especially charities - which can make awards (fees, maintenance, research costs) to any student regardless of subject or nationality. MyAV范 has purchased a licence to the Guide so it鈥檚 free for all students and staff to use. If you are a prospective student who has applied to the university听email student funding听to get an access听PIN.听
Lists of charitable grants and awards are kept in the following directories which are held in MyAV范 libraries - see references below:
Charities Digest: Selected charities & voluntary organisations
- 1x Main Library - Reference R 20 CHA
- 1x IOE Library - Reference Collection, Level 4, RF3 HEW CHA
Directory of Grant Making Trusts听
- 2x Main Library - Reference R 20 DIR
- 1x IOE Library - Reference Collection, Level 4, RF3 HEW DIR
Grants Register
- 1x Main Library - Ref Collection M, Reference R 20 GRA
- 1x School of Pharmacy Library - Reference Shelves, Pharmacy 378.3 GRA
Guide to Educational Grants
- 1x Main Library - Reference R 20 GUI
- 1x IOE Library -听 Reference Collection, Level 4, RF3 EDU
Guide to Grants for Individuals in Need
- 1x Main Library - Reference R 20 GUI
Current Master's students
There are a number of sources of financial support for Master's students who are currently enrolled at MyAV范.
The Financial Assistance Fund
The Financial Assistance Fund is a fund for MyAV范 students who fall into unexpected financial hardship. Please note this is for living costs only, and students who have an outstanding tuition fee debt to MyAV范 are not eligible to apply.
Short term Loans
Limited cash loans of up to 拢250 are available to students who have experienced a delay in their normal funding being paid.
External grants and funding
Some charities and organisations give financial support to current students studying particular subjects or in particular circumstances.
Reduce costs and increase income
If you are struggling to cover the costs of study, you can look at ways to reduce your costs and increase your income.
As a full-time postgraduate student, you have the opportunity to become a Student Residence Adviser听(SRA) and eliminate your accommodation costs completely by living in MyAV范 halls. SRAs deliver inclusive community events and activities, provide peer-to-peer pastoral support, and ensure a safe and comfortable environment for all student residents.
Student Residence Adviser positions are advertised on the in May each year.