Before you graduate, Managing your money, More

Postgraduate funding for master’s study

Rosie, Advice and Money student intern, shares information about postgraduate funding with students considering further study after they graduate.

Postgraduate funding

Ah, graduation. Just the word itself brings on an instant cocktail of excitement and complete and utter dread inside of me. Having just finished my second year of University, I’m now teetering on the edge of ‘the cliff’. You know what I’m talking about. I can see adulthood, sitting comfortably at the bottom, on a nice bed of goose-feather pillows. Now all I have to do is jump. Sounds simultaneously horrifying and exhilarating, doesn’t it? But what if I could tell you there’s a way to make that jump a bit easier? What if there’s some way to strap yourself into a parachute before taking the plunge? Have I caught your interest yet?

Ok, let’s slow down for a moment. Who’s to say that you need to rush into anything straight after you graduate? Sure, it’s always a good idea to have a plan, but what if that plan just involves studying a more specific course for a year to allow you to enter the working world straight away with all the relevant knowledge, skills and education? That sounds like a brilliant idea to me!


Tempted by postgraduate study?

Cardiff University offers a range of postgraduate degrees. If you’re interested in studying for another year, there’s bound to be something that you’ll enjoy! Just take a look at the extensive list of courses here.


Postgraduate funding

If you do want to apply for a postgraduate degree, you’ll need to be aware of funding and fees. You should also be aware of the changes to your funding. As an undergraduate student, you receive a tuition fee loan every year, which your student funding body pays directly to the University. They also provide you with a maintenance loan in three instalments throughout the year. They’re like a watchful and sensible set of parents, lending you smaller amounts of money every four months to make sure you don’t completely drown in responsibility.

However, postgraduate funding is a little different to this. They assume, having now finished your undergraduate degree, that you’ve gained more confidence and independence and in doing so become more responsible. If you decide to pursue postgraduate study, you may be eligible to apply to your funding body for a postgraduate loan. If this is the case, you could receive a loan of up to £10,280. Welsh students, this now applies for you too (hurrah!) For more information, take a look at the postgraduate loans for master’s study section on the Cardiff University website.

It is then completely up to you to decide what you do with this money, but remember that you are now responsible for paying your tuition fees, rent and living costs from this one loan. It is important to note that tuition fees will differ depending on which course you choose, so make sure to consider the cost of your postgraduate degree before making your decision. It is also worth checking with the school in which you are applying, to see if they have any sources of funding that you can apply to, such as scholarships or stipends. You can find out about Cardiff University Excellence Scholarships here, and check out our ‘thinking of postgraduate study?’ blog with some tips for the application.


Alternative funding

If you want to pursue other options for your funding, check out the government website, where you can find out about professional and career development loans.

It is important to explore as many avenues of funding as possible, as you may not be eligible for everything, but if you don’t do the research then you won’t know what you are eligible for. You can find a lot of information in the Alternative Guide to Postgraduate Funding.


Advice for international students

If you are an international student and you wish to stay on at Cardiff University for postgraduate study, you can contact the International Student Support for advice about your visa.


Good luck!

Hopefully, you’re feeling a bit more informed about your options now and if you do decide to go on to study a postgraduate degree, then I wish you the best of luck!


Contact Advice and Money

For more advice on postgraduate studies, don’t hesitate to contact us at the Advice and Money team. We’ll be happy to help guide you through any issues or queries about postgraduate funding.

Tel: 02920 874844



Related posts

Before you graduate

Summer Careers Fair: Hear from employers first hand about the benefits of attending

“Have I left it too late?” and how the Summer Careers Fair can help you face ‘The Fear’

Thinking of postgraduate study?

The 4 week housing countdown

Online support all year round

Get work experience before you graduate with GO Wales

Tips on finding a job after graduation from Cardiff Award Alumni


Your feedback and help please

Have you found this blog post useful?  Please help us by commenting in the comments bar below, and  if there is anything further you’d like to know ask your questions there too.

We’d also be grateful if you can share this information by re-tweeting or sharing with your fellow students who may find this useful – you can do this by using the share buttons or via twitter and facebook.


Best wishes,

Rosie, Advice and Money student intern.


Your Student Life, Supported.

The Student Support Centre has a range of services dedicated to helping students make the most of their time at University, including: Advice and MoneyCareers and EmployabilityCounselling, Health and Wellbeing, Disability and Dyslexia and International Student Support. The Student Support Centres are located at 50 Park Place, Cathays Campus and Cardigan House, Heath Park Campus.

For further details of services, events, opening times and more find us on the University Intranet.


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