Postgraduate Taught Student Finance

It is advisable to have adequate funding in place prior to commencing studies. A list of potential funding sources including bursaries is compiled here: https://www.lboro.ac.uk/study/postgraduate/fees-funding/masters-funding/

In general, you can expect to spend £1,383 per month for living/accommodation costs while studying in Loughborough, i.e. £16,596 across the whole year.  Accommodation costs in London can significantly increase costs to £1,775 or higher per month. For more detail please see our managing your money page which gives some sample budgets for different types of students with an indication of how much you need to live on. All figures are intended as guidance only and may vary depending on personal preferences and external factors that affect the cost of living.

Students intending to rely on the UK government Master’s Loan (£12,167 for 2023/24 starters and £12,471 for 2024/25 resident in England) should beware this might only be sufficient to cover basic living costs but will not be adequate to also cover tuition fees.

You can find webpages dedicated to various money related topics here. If you require further guidance you can book an appointment with the Student Advice and Support Service.

Last Updated: 12th November 2024