Postgraduate Education

House of Lords written question – answered on 16th December 2014.

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Photo of Lord Storey Lord Storey Liberal Democrat

To ask Her Majesty’s Government what consideration they have given to Master’s degree funding opportunities.

Photo of Baroness Williams of Trafford Baroness Williams of Trafford Lords Spokesperson (Department of Business, Innovation and Skills), Baroness in Waiting (HM Household) (Whip)

At Autumn Statement 2014 the Chancellor of the Exchequer announced the Government’s intention to introduce an income contingent postgraduate loan of up to £10,000 for those students aged under 30 studying for a 1 year full-time, or 2 year part-time, Master's course. BIS will launch a public consultation in the New Year on the loan terms and eligibility criteria, before finalising the design of the scheme.

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