If you’ve applied for a postgraduate degree, you might be thinking about how you are going to fund it. The funding avenues are very different to those at undergraduate level, and it is important to know what sources of funding would be appropriate for you. As I am currently undertaking a Masters degree, these avenues will be most appropriate for Masters degrees, but you would find PhD level funding in similar ways.
The main way to find out what funding a university has is to check their website! They will likely have a list of funding avenues that you can browse and check their requirements. For instance, the University of Sheffield has a ‘Postgraduate Student Funding Table’ with a list of sources (https://www.sheffield.ac.uk/ssid/finance/pg). Depending on the type of degree you would like to study, there will be different routes for different departments. I applied for the Arts and Humanities scholarships, as I am studying English Language and Linguistics, but there also scholarships within departments such as Law, Management, Dentistry, etc.
There may also be university-wide scholarships, such as the Sheffield Postgraduate Scholarships, with 100+ scholarships worth £10,000 each for students that meet part of the widening participation criteria, or that have high academic success. Each university is likely to have set aside some money to fund postgraduate degrees, so be sure to see what they have on offer.
A source of funding that is not often utilised is the ‘Alternative Guide to Postgraduate Funding’, which gives you access to charities and external bodies that would like to fund students regardless of subject or nationality. You can register via your student email address or simply login while you are on campus to gain access to the site. You can search for specific criteria that you meet, such as where your usual home is, what your parents’ jobs are, whether you come from a widening participation criteria, and even, whether you are a vegetarian/vegan (some students have been funded via this charity before!). It is worth having a look through the website – the amounts that charities give may be a lot smaller than the scholarships but if you manage to secure a number of these, you could be receiving enough money to fund part of your studies.
Finally, there are Postgraduate Government Loans which are providing loans of up to £10,609 for postgraduate taught Masters students aged under 60. If you are wanting to take out a loan via this route, be mindful that when paying it back you will be doing so alongside your undergraduate loan, as opposed to it being added on top of your first loan.
Make sure when applying for funding that you really put across your passion for the subject and how the degree/funding will help you (and the wider community) in the future. What are your short-term and long-term goals? How will others benefit from your study? Do you have any particular dissertation ideas in mind?
I wish you the best of luck in applying for any postgraduate funding!