Financial support available
The Postgraduate Doctoral Loan will be paid directly to you as a contribution towards your course and living costs. The maximum available will be £25,000 per course.
Your loan payments will be spread out across all the academic years of your course. For example, if you’re studying full time over four academic years and apply for the maximum loan amount of £25,000, then your payments would be £6,250 in each academic year.
Postgraduate Doctoral Loans are not based on your household income.
The Department for Work and Pensions (DWP) may take account of the Postgraduate Doctoral Loan when working out any benefits you receive.
You won’t be able to get Dependants’ Grants such as Adult Dependants’ Grant, Parents’ Learning Allowance and Childcare Grant.
Maximum yearly amount
The maximum Postgraduate Doctoral Loan you will be entitled to in a year is £10,609.
So although you can apply in any year of your course, you may not get the maximum amount if you apply after the first year.
For example, if you begin a three-year doctoral degree but don’t apply for a Postgraduate Doctoral Loan until the second year of your course, the maximum you could get for each remaining year would be £10,609. This means the total you’d receive for the whole course would be £21,218.
You will get the first payment after your course start date, once your university or college confirms that you’ve registered.
Payments will be made in three instalments of 33%, 33% and 34% for each academic year. For example, if you’ve requested the full £25,000 and are studying over four years, you’ll receive £6,250 for each academic year. Payment for each year will consist of the first and second instalment at £2062.50 and the third instalment at £2125.
After your application has been approved, you’ll be sent a letter with your payment dates or you can check them in your online account.
Disabled Students’ Allowances
You may be able to get Disabled Students’ Allowance (DSA) of £10,590 per year if you have a disability, including a long-term health condition, mental-health condition or specific learning difficulty. Find out more about Disabled Students Allowances for postgraduate students