Funding your studies
Depending on what you study, how you study and where you are resident, there are a number of different options to part or fully finance your postgraduate study at the University of Derby.
Spreading the cost
For UK students on a part-time course at the University of Derby, our flexible payments make it easier for you by spreading the cost across the academic year. The repayment dates depend on when you enrol on the course.
You can now apply for a loan of up to £10,280 towards the cost of studying a masters degree at the University of Derby.
Postgraduate loans are administered by Student Finance England and there are restrictions – for example, you need to be a UK national normally living in England and aged under 60. Some EU nationals may also be eligible.
Career Development Loan
You may be eligible for a Professional and Career Development Loan to support your study. These allow you to borrow up to £10,000 from a high street bank and charge no interest while you study.
Support for vocational courses
Prospective teachers can get finance for Initial Teacher Training, PGCE and SCITT (School-Centred Initial Teacher Training). Bursaries are available to trainee teachers – these don’t need to be repaid, but they do vary according to the subject you’re planning to teach and your first degree classification. The Get Into Teaching website has more information about funding teacher training.
Sponsorship by an employer
If you’re working, your employer may be willing to pay some or all of your fees. You’ll need to submit a sponsor letter from your employer, indicating that they are willing to pay some or all of your fees. See our website for a sample letter.
As an international student, you need to ensure that you have adequate maintenance funds showing that you have £1,015 for each month of your course up to a maximum of nine months (£9,135) plus any outstanding course fees. Maintenance funds refers to the amount of money you must have available to you or any family members that may be accompanying you. You must show that you have access to a certain level of funds to meet your living costs in the UK and outstanding course fees. The amount of money you need depends on how long your course is and how much of your course fees you have paid.
University of Derby alumni discount
If you have already completed a full undergraduate degree with us, you could get an alumni discount on your postgraduate course fees. This applies to most postgraduate courses, but you must be paying the fees yourself or through a loan and not through your employer.
Disabled Students’ Allowances
If you’re a higher education student living in England with a disability or long-term health condition, you may be eligible for support through the Disabled Students' Allowances scheme. The support you receive depends on individual needs, not on income or savings.