Finance
Postgraduate Taught Funding
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 £1,000 per month for living/accommodation costs while studying in Loughborough, i.e. £12,000 across the whole year. Accommodation costs in London can significantly increase costs to £1,400 or higher per month. For more detail please see our managing your money web page and click on 'How much money do I need for living costs?' 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 or external factors that affect the cost of living.
Students intending to rely on the UK government Master’s Loan (£11,836 in 2022/23) for those resident in England) should beware this might only be sufficient to cover living costs but will not be adequate to also cover tuition fees.