UK and EU students who started a master's course from 2016/17 onward may be able to take out a UK government loan to help fund their studies. Find out if you are eligible, what kind of support is available and how you can apply through the information on this page.
How much is the loan?
The type and amount of loan you can apply for depends on where you are ordinarily resident and the year you started your course.
|England||Wales||Scotland||Northern Ireland||European Union|
|2016-entry||£10,000 loan for tuition and living costs||N/A||N/A||N/A||£10,000 loan for tuition and living costs|
|2017-entry||£10,280 loan for tuition and living costs||£10,280 loan for tuition and living costs||£5,500 tuition fee loan (full-time and part-time courses); £4,500 loan for living costs (full-time courses only)||£5,500 tuition fee loan||£10,280 loan for tuition and living costs|
|2018-entry||£10,690 loan for tuition and living costs||£13,000 loan for tuition and living costs||£5,500 tuition fee loan (full-time and part-time courses); £4,500 loan for living costs (full-time courses only)||£5,500 tuition fee loan||£10,690 loan for tuition and living costs|
|2019-entry||£10,906 loan for tuition and living costs||£17,000 loan and grant for tuition costs||£5,500 tuition fee loan and £4,500 loan for living costs (full-time courses only)||£5,500 tuition fee loan||£10,906 loan for tuition and living costs|
Your loan will be divided equally between each year of your course.
How is the loan paid?
The manner is which your loan is paid depends on where you are ordinarily resident.
England, Wales and the EU
The loan will be paid into your bank account in three instalments during the academic year. You will receive approximately a third of your annual entitlement at the start of each term.
The loan for living costs will be paid directly to you by the Student Loans Company, who will send you a payment schedule one month before the start of your course. The tuition fee loan will be paid directly to the University in three instalments during the academic year.
The tuition fee loan will be paid directly to the University in three instalments during the academic year.
England, Wales and the rest of the EU
Taught, research or professional stand alone master’s courses in any subject (eg MSt, MSc, MSc(Res), MPP, MBA, MPhil). The loan is not available for those students undertaking a partial master’s course requiring a lesser number of credits as a result of previous study.
Eligible postgraduate master’s courses must be either 1 or 2 years full-time in duration or 2 to 4 years part-time at a minimum 50% intensity of full-time. 2 and 3 year part-time courses with no full-time equivalent are also eligible, with no minimum intensity requirement. The loan is not available to students undertaking a part-time modular course with an advertised duration of 2 to 4 years.
List of eligible Oxford courses
|Course Type||Subject||Full time/Part time||2016-entry||2017-entry||2018-entry|
|BCL||Bachelor of Civil Law||FT||Y||Y||Y|
|MBA||Master of Business Administration||FT||Y||Y||Y|
|MPhil||Biodiversity, Conservation and Management||FT||N||Y||Y|
|MPhil||British and European History, from 1500 to the Present||FT||Y||Y||N|
|MPhil||Classical Indian Religion||FT||Y||Y||Y|
|MPhil||Comparative Social Policy||FT||Y||Y||Y|
|MPhil||Eastern Christian Studies||FT||Y||Y||Y|
|MPhil||Economic and Social History||FT||Y||Y||Y|
|MPhil||English Studies (Medieval Period)||FT||Y||Y||Y|
|MPhil||Environmental Change and Management||FT||N||Y||Y|
|MPhil||Evidence-Based Social Intervention and Policy Evaluation||FT||Y||Y||Y|
|MPhil||General Linguistics and Comparative Philology||FT||Y||Y||Y|
|MPhil||Geography and the Environment||FT||Y||N||N|
|MPhil||Greek and/or Latin Languages and Literature||FT||Y||Y||Y|
|MPhil||Greek and/or Roman History||FT||Y||Y||Y|
|MPhil||History (British and European History 1700-1850)||FT||N||N||Y|
|MPhil||History (Early Modern History 1500-1700)||FT||N||N||Y|
|MPhil||History (Medieval History)||FT||N||N||Y|
|MPhil||History (Modern British History 1850-present)||FT||N||N||Y|
|MPhil||History (Modern European History 1850-present)||FT||N||N||Y|
|MPhil||History (US History)||FT||N||N||Y|
|MPhil||History of Science, Medicine and Technology||FT||Y||Y||Y|
|MPhil||Islamic Art and Archaeology||FT||Y||Y||Y|
|MPhil||Islamic Studies and History||FT||Y||Y||Y|
|MPhil||Jewish Studies in the Graeco-Roman Period||FT||Y||Y||Y|
|MPhil||Judaism and Christianity in the Graeco-Roman World||FT||Y||Y||Y|
|MPhil||Late Antique and Byzantine Studies||FT||Y||Y||Y|
|MPhil||Latin American Studies||FT||Y||Y||Y|
|MPhil||Modern Chinese Studies||FT||Y||Y||Y|
|MPhil||Modern Japanese Studies||FT||Y||Y||N|
|MPhil||Modern Jewish Studies||FT||Y||N||N|
|MPhil||Modern Middle Eastern Studies||FT||Y||Y||Y|
|MPhil||Modern South Asian Studies||FT||Y||Y||Y|
|MPhil||Nature, Society and Environmental Governance||FT||N||Y||Y|
|MPhil||Politics (Comparative Government)||FT||Y||Y||Y|
|MPhil||Politics (European Politics and Society)||FT||Y||Y||Y|
|MPhil||Politics (Political Theory)||FT||Y||Y||Y|
|MPhil||Russian and East European Studies||FT||Y||Y||Y|
|MPhil||Sociology and Demography||FT||Y||Y||Y|
|MPhil||Tibetan and Himalayan Studies||FT||Y||Y||Y|
|MPhil||Traditional East Asia||FT||Y||Y||Y|
|MPhil||Visual, Material and Museum Anthropology||FT||Y||Y||Y|
|MPhil||Water Science, Policy and Management||FT||N||Y||Y|
|MSc||Applied Landscape Archaeology||PT||Y||Y||Y|
|MSc||Applied Linguistics and Second Language Acquisition||FT||Y||Y||Y|
|MSc||Applied Linguistics and Second Language Acquisition||PT||Y||Y||N|
|MSc||Applied Linguistics for Language Teaching||PT||N||N||Y|
|MSc||Biodiversity, Conservation and Management||FT||Y||Y||Y|
|MSc||Cognitive and Evolutionary Anthropology||FT||Y||Y||Y|
|MSc||Cognitive Behavioural Therapy||PT||N||Y||Y|
|MSc||Comparative Social Policy||FT||Y||Y||Y|
|MSc||Contemporary Chinese Studies||FT||Y||Y||Y|
|MSc||Criminology and Criminal Justice||FT||Y||Y||Y|
|MSc||Criminology and Criminal Justice||PT||N||Y||Y|
|MSc||Economic and Social History||FT||Y||Y||Y|
|MSc||Economics for Development||FT||Y||Y||Y|
|MSc||Education (Child Development and Education)||FT||Y||Y||Y|
|MSc||Education (Comparative and International Education)||FT||Y||Y||Y|
|MSc||Education (Higher Education)||FT||Y||Y||Y|
|MSc||Education (Learning and Technology)||FT||Y||Y||N|
|MSc||Education (Research Design and Methodology)||FT||N||Y||Y|
|MSc||Education (Research Design and Methodology)||PT||N||Y||Y|
|MSc||Education (Research Training)||FT||Y||N||N|
|MSc||Endovascular Neurosurgery (Interventional Neuroradiology)||FT||Y||N||N|
|MSc||Endovascular Neurosurgery (Interventional Neuroradiology)||PT||Y||N||N|
|MSc||English Local History||PT||N||Y||N|
|MSc||Environmental Change and Management||FT||Y||Y||Y|
|MSc||Evidence-Based Social Intervention and Policy Evaluation||FT||Y||Y||Y|
|MSc||Global Governance and Diplomacy||FT||Y||Y||Y|
|MSc||Global Health Science||FT||Y||Y||N|
|MSc||Global Health Science and Epidemiology||FT||N||N||Y|
|MSc||History of Science, Medicine and Technology||FT||Y||Y||Y|
|MSc||International Health and Tropical Medicine||FT||Y||Y||Y|
|MSc||Latin American Studies||FT||Y||Y||Y|
|MSc||Law and Finance||FT||Y||Y||Y|
|MSc||Learning and Teaching||PT||Y||Y||Y|
|MSc||Major Programme Management||PT||Y||Y||Y|
|MSc||Mathematical and Computational Finance||FT||Y||Y||Y|
|MSc||Mathematical and Theoretical Physics||FT||Y||Y||Y|
|MSc||Mathematical Modelling and Scientific Computing||FT||Y||Y||Y|
|MSc||Mathematics and Foundations of Computer Science||FT||Y||Y||Y|
|MSc||Microelectronics, Optoelectronics and Communications||PT||N||Y||Y|
|MSc||Modern Japanese Studies||FT||Y||N||N|
|MSc||Modern Middle Eastern Studies||FT||N||N||Y|
|MSc||Modern South Asian Studies||FT||N||Y||Y|
|MSc||Nature, Society and Environmental Governance||FT||Y||Y||Y|
|MSc||Political Theory Research||FT||Y||Y||Y|
|MSc||Refugee and Forced Migration Studies||FT||Y||Y||Y|
|MSc||Russian and East European Studies||FT||Y||Y||Y|
|MSc||Social Data Science||FT||N||N||Y|
|MSc||Social Science of the Internet||FT||Y||Y||Y|
|MSc||Social Science of the Internet||PT||Y||Y||Y|
|MSc||Sustainable Urban Development||PT||Y||Y||Y|
|MSc||Teaching English Language in University Settings||PT||Y||Y||N|
|MSc||Theoretical and Computational Chemistry (Stand-Alone)||FT||Y||Y||Y|
|MSc||Visual, Material and Museum Anthropology||FT||Y||Y||Y|
|MSc||Water Science, Policy and Management||FT||Y||Y||Y|
|MSc (Res)||Chemical Biology||FT||Y||Y||Y|
|MSc (Res)||Clinical Neurosciences||FT||Y||Y||Y|
|MSc (Res)||Engineering Science||FT||Y||Y||Y|
|MSc (Res)||Experimental Psychology||FT||N||N||Y|
|MSc (Res)||Experimental Psychology (direct entry)||FT||Y||Y||N|
|MSc (Res)||Inorganic Chemistry||FT||Y||Y||Y|
|MSc (Res)||Musculoskeletal Sciences||FT||Y||Y||Y|
|MSc (Res)||Obstetrics and Gynaecology||FT||Y||Y||Y|
|MSc (Res)||Organic Chemistry||FT||Y||Y||Y|
|MSc (Res)||Physical and Theoretical Chemistry||FT||Y||Y||Y|
|MSc (Res)||Physiology, Anatomy and Genetics||FT||Y||Y||Y|
|MSc (Res)||Plant Sciences||FT||N||N||Y|
|MSc (Res)||Primary Healthcare||FT||Y||Y||Y|
|MSc (Res)||Surgical Sciences||FT||Y||Y||Y|
|MSt||British and European History, from 1500 to the Present||FT||Y||Y||N|
|MSt||British and European History, from 1500 to the Present||PT||Y||Y||N|
|MSt||Classical Armenian Studies||FT||Y||N||Y|
|MSt||Classical Hebrew Studies||FT||Y||Y||Y|
|MSt||English and American Studies||FT||Y||Y||Y|
|MSt||General Linguistics and Comparative Philology||FT||Y||Y||Y|
|MSt||Global and Imperial History||FT||Y||Y||Y|
|MSt||Greek and/or Latin Languages and Literature||FT||Y||Y||Y|
|MSt||Greek and/or Roman History||FT||Y||Y||Y|
|MSt||History (British and European History 1700-1850)||FT||N||N||Y|
|MSt||History (British and European History 1700-1850)||PT||N||N||Y|
|MSt||History (Early Modern History 1500-1700)||FT||N||N||Y|
|MSt||History (Early Modern History 1500-1700)||PT||N||N||Y|
|MSt||History (Medieval History)||FT||N||N||Y|
|MSt||History (Medieval History)||PT||N||N||Y|
|MSt||History (Modern British History 1850-present)||FT||N||N||Y|
|MSt||History (Modern British History 1850-present)||PT||N||N||Y|
|MSt||History (Modern European History 1850-present)||FT||N||N||Y|
|MSt||History (Modern European History 1850-present)||PT||N||N||Y|
|MSt||History (US History)||FT||N||N||Y|
|MSt||History (US History)||PT||N||N||Y|
|MSt||History of Art and Visual Culture||FT||Y||Y||Y|
|MSt||History of Design||PT||N||Y||N|
|MSt||International Human Rights Law||PT||Y||Y||Y|
|MSt||Islamic Art and Archaeology||FT||Y||Y||Y|
|MSt||Islamic Studies and History||FT||Y||Y||Y|
|MSt||Jewish Studies in the Graeco-Roman Period||FT||Y||Y||Y|
|MSt||Late Antique and Byzantine Studies||FT||Y||Y||Y|
|MSt||Literature and Arts||PT||Y||Y||Y|
|MSt||Mindfulness Based Cognitive Therapy||PT||Y||N||Y|
|MSt||Modern South Asian Studies||FT||Y||N||N|
|MSt||Philosophy of Physics||FT||Y||Y||Y|
|MSt||Study of Religion||FT||Y||Y||Y|
|MSt||World Literatures in English||FT||Y||Y||Y|
You will only be eligible for support if your course is not available in Scotland. You will need to submit an application to SAAS, who will determine your course eligibility. If both you and the course are deemed eligible, SAAS will contact the University to confirm the course details before finalising the assessment of your application.
The course must be a full-time, taught or research master’s programme or postgraduate diploma.
Eligible postgraduate master’s courses must be either 1 or 2 years full-time in duration. Diplomas should be no longer than 1 year full-time in duration.
Please note that from 2019-entry onward, there is no provision for part-time courses outside Scotland.
Taught, research or professional master’s courses in any subject (eg MSt, MSc, MSc(Res), MPP, MBA, MPhil), postgraduate diplomas and postgraduate certificates.
The course must last no more than three years whether studied full time or part time.
How to apply
You are encouraged to apply as early as possible to ensure that funding is in place for the start of your course.
- If you are from England or the rest of the EU, apply to Student Finance England
- If you are from Wales, apply to Student Finance Wales
- If you are from Northern Ireland, apply to Student Finance Northern Ireland
- If you are from Scotland, apply to the Student Awards Agency for Scotland
Will I be charged interest on my loan?
The information provided below on repayments and interest rates is the University's best understanding of the current position. Any changes the government make to repayment arrangements are outside the control of the University.
England, Wales and the EU
Interest is charged at the Retail Price Index (RPI) plus 3% from the day your first payment is made until your loan is repaid in full. Please visit the GOV.UK Repayment Site for further details.
Northern Ireland and Scotland
The interest rate is set by the Department for Education (DfE) each year and is normally based on the Retail Price Index (RPI) or the Bank of England base rate plus 1%, whichever is lower. Interest will be charge from the day your first payment is made until your loan is repaid in full. Please visit the GOV.UK Repayment Site for further details.
How do I repay my loan?
You have to repay any loan you borrow, but not until your income is over £21,000 a year. Repayments will be based on your income, not what you borrow.
Students from Scotland and Northern Ireland have a different income threshold. This is currently £18,935 a year, and is expected to increase with inflation each year.
If you’re studying full time you’ll start making repayments the April after you finish or leave your course. If you’re studying part time you’ll start making repayments the April two years after the start of your course or the April after you finish or leave your course, whichever comes first.
However, you’ll only start making repayments once your income is over the current threshold of £404 a week, £1,750 a month or £21,000 a year.
You’ll repay 6% of what you earn over the threshold. So if you’re paid monthly and earn £2,500 before tax you’ll repay 6% of the difference between what you earn and the threshold (£1,750):
£2,500 - £1,750 = £750
6% of £750 = £45
So your Postgraduate Loan repayment would be £45 that month.
Please visit the GOV.UK Repayment Site for further details.
What if I already have a student loan?
If you have had any other loan from the Student Loans Company then you will continue to make separate repayments alongside those for your postgraduate loan.