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Postgrad Loans

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debrakevin | 09:08 Fri 02nd Dec 2016 | Jobs & Education
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I'm confused by the Student Loans site. Would you get the full 10 grand loan for just a one year postgrad course or only if you did a two year one? Thanks
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Of course not
Which part are you saying 'of course not' to please, Fizz?

This makes it clear, debrakevin
https://www.thestudentroom.co.uk/content.php?r=23347-Full-time-what-can-I-get

"Are you starting a postgraduate Master’s course in 2016/17?

A new Postgraduate Loan is now available to help you pay for your Master’s course.

Postgraduate Loan

You can apply for a Postgraduate Loan of up to £10,000. This loan is a contribution towards your course and living costs while you’re studying and has to be paid back. The amount you can get doesn’t depend on your household income.

If your course is two years long you can get up to £5,000 in your first year and the rest in your second year.

The loan will be paid into your bank account in three instalments [my corrected spelling] each academic year.

You have to repay any Postgraduate Loan you borrow. To find out more about repayment and the interest you’ll be charged go to the Postgraduate Loan – Repayment page."
that doesn't make it clear at all factor (imo)
it says the loan is "up to" 10k, but does that only apply to a 2 year course? The second part seems to imply that
It seems to make sense to me if you know that a Masters can take 1 year .

http://tsrmatters.com/wp-content/uploads/2016/06/SFE_PGL_main-guide_1617_v1.6_D_A.pdf

"How much can I get?
You can get up to £10,000 for your whole course.
If your course is longer than one year you can get up to £5,000 in the first year and the rest in your second year.
If you’re studying part time for three or four years you’ll get all your
Postgraduate Loan payments in the first two years of your course."

As to the £10000 being a maximum the document says "You’ll be asked how much Postgraduate Loan you want, up to the maximum of £10,000. If your course is longer than one year, you’ll be asked how much you
want in your first year. You can get up to £5,000 in the first year of your course and you’ll get the rest in your second year."

So you can ask for what you need up to the maximum. There is an application process. However I don't whether the full requested amount is approved automatically (provided you meet the criteria) or whether there is some means testing
Did this help, debra? I suppose we should have asked which country you are in/or will be studying in a sit may be different in Scotland for example
If England it looks as if there is no means testing so it seems you can apply for whatever figure you want up to a maximum of £10000- and you will get it over either 1 year or 2 years depending on the course length.
The SLC or student loans England are helpful if you want to ring them up to check

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