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Postgraduate Education

Department for Business, Innovation and Skills written question – answered on 12th February 2015.

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Photo of Duncan Hames Duncan Hames Liberal Democrat, Chippenham

To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to remove financial barriers to postgraduate education.

Photo of Greg Clark Greg Clark Minister of State (Universities and Science), Minister of State (Cabinet Office)

At Autumn Statement, we introduced a new offer of income contingent loans for postgraduate taught Masters courses. For the first time, anyone under age 30 who is eligible and accepted to study a Masters in any subject, will be able to access a loan of up to £10,000.

In addition, to support students until these loans are in place, we have announced £50 million in 2015/16, matched funded by institutions, to make available 10,000 bursaries of £10,000.

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