Previous Study and Master’s Loan

Students who already have a qualification which is equivalent to or higher in level than a master’s qualification are not eligible for a Master’s Loan.

Students who have previously been awarded Master’s Loan funding will in most circumstances not be eligible for another Master’s loan for a new course, even where they only received part payment.  However, if you have been awarded Master’s funding for a previous course but did not achieve the qualification due to Compelling Personal Reasons (‘CPR’), you may be eligible for a Master’s loan for a second course: 

    • You would need to provide evidence to support a claim that withdrawal from the previous course was for compelling personal reasons, e.g. medical evidence or evidence of a personal or family crisis. Academic performance alone will not constitute a compelling personal reason. Please be aware that GP practices are entitled to charge for certificates issued.
    • To be eligible for the new loan you must be undertaking a full new Master’s course without any credits for previous studies or modules. 
    • If you are awarded funding for the new course on the grounds of Compelling Personal Reasons, you would be entitled to the full year rate of Master’s Loan. 
    • Repeat Master’s loan funding due to CPR may be awarded on one occasion only.

Last Updated: 15th September 2022