Welsh Government Master's Loan
From 2018, UK nationals resident in Wales will be able to apply for up to £17,000 in means-tested and non-means-tested grant and loan funding.
The Welsh government are currently planning a new loan scheme for postgraduate study from 2018. The maximum amount available to Welsh students is expected to be £17,000, though the exact figure is yet to be confirmed.
The sum is likely to comprise of two components:
- A grant, which will include a non-means-tested component of £1,000 plus a means-tested component of up to £6,885
- A loan which will top up the grant to a maximum amount of £17,000.
These plans have been given preliminary approval by the Welsh Government, but are currently going through a consultation process. They are expected to be confirmed in time for September 2018. For updates, please keep checking the Student Finance Wales website.