Funding Your Postgraduate Course

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Funding Your Postgraduate Course

Funding Your Postgraduate Course

Investing in your future, unfortunately, comes at a cost. However, this doesn't have to be a cause of worry or stress. Thanks to the variety of options you have to help fund your studies, you can enjoy your time as a Coventry University postgraduate student with the confidence that all the financial factors are under control.

So whether you're looking for a loan, feel you're eligible for a scholarship or disability aid, you can find out how you can be supported below.


The majority of university students who are self-funded are able to complete their course thanks to a loan. There are three types of loan on offer for you to choose from, depending on your circumstances and preferences.


UK Postgraduate Loan Scheme

The government has introduced their own funded loans to support postgraduate study in England. Loans are available up to £10,609 for anyone aged under 60. Student Finance England have provided an overview and policy summary which outlines the key features of the postgraduate loans.

Information and advice on these loans can also be found on the findamasters website.


Professional and Career Development Loans (PCDL)

These loans are provided by banks for work-related learning. You may be able to apply for a PCDL if you are a British citizen and your course meets government requirements. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year’s relevant unpaid practical work). The Finance Office in the Student Centre can help approve or complete PCDL forms.

Further information can be found on the PCDL website.


If you are a high-achieving student, such as a student with a first class honours undergraduate degree, you could be eligible for a scholarship through one of the following.


UK Postgraduate Scholarships

Postgraduate UK Scholarships worth £1,500 are available to UK applicants.

Scholarship applications for the January, May and September intakes are currently closed.

Please visit the UK postgraduate scholarship page for more details and an application form.

International Scholarships

We have invested £1.5 million into our international scholarship fund to help enrich the talents of people from all over the world, as well as those locally. Each scholarship is worth up to £10,000 and could be yours no matter which country you are from.

To see if you are eligible and find application forms, please visit our international scholarships web page.


FindAMasters Postgraduate Scholarships

FindAMasters links students with courses and universities that are right for them, and now also offer scholarships for their e-newsletter subscribers. 

To subscribe and find out more regarding these scholarships, please visit the FindAMasters website


MastersCompare Postgraduate Scholarship

MastersCompare are offering a £5,000 Postgraduate Scholarship for Masters study in the academic year 2018/19. The scholarship is open to UK, EU and international students. More information is available on the MastersCompare website.

Discounts and Other Options

Coventry University Undergraduate Alumni Discount

We are offering a £1000 discount from course fees for self-funding students who have a Coventry University degree (undergraduate or postgraduate) when you join a full-time or part-time postgraduate taught masters course. This discount extends to subsidiaries from collaborating institutions who award Coventry Degrees, including CU London, CU Coventry and international partners.

In the case of part-time postgraduate (taught) students, the discount is calculated on a pro rata basis. For instance, a part-time student studying 90 credits in year 1 and 90 credits in year 2 would receive £500 discount in year 1 and in year 2.

The 5% early payment discount also applies in addition to the alumni discount.

For further information on how to go from undergraduate to postgraduate study, please visit our Stay On, Go Further web page 

Disabled Students' Allowances (DSA)

Postgraduate students who have a specific learning difficulty, physical impairment or mental health issue may be able to get financial help from Disabled Students' Allowances. You can apply for DSA for both taught courses and research places.

You can speak to someone at our Health and Wellbeing Centre and visit the Disability Living Allowance website for further information.


Part-time Work

One of the more popular ways to fund your studies is through part-time work. Coventry University has its own recruitment agency, FutureWorks, which can offer you flexible options to fit alongside your course. 

Furthermore, most of our faculties also offer you the opportunity to be a student ambassador or advocate. Please speak to your faculty at enrolment to find out more.


ELC Scheme

The MOD's Enhanced Learning Credits Scheme (ELC) provides financial support for members of the Armed Forces looking to pursue Higher Education. For more information, please visit their website.