From 201617 the Government will for the first time provide a loan for postgraduate Master's study. The Postgraduate Loan (PGL) will be paid to the student as a contribution towards Tuition Fees, living costs and other course costs.
Enrolment and payment of Tuition Fees
If you wish to use a Post Graduate Loan to pay your tuition fees with Royal Holloway in September 2016 you must bring your approved loan confirmation with you to enrolment, showing the amount of loan you are receiving. The maximum loan available each year is £10,000 if you are a Full Time student, and £5,000 if you are a Part Time student.
If the loan amount you are receiving each year is equal to or more than your fees for the year you will be allowed to enrol by making a minimum payment of 20% of the full cost of your tuition fees for that year. The balance of your fees will be split in to 3 equal instalments in line with the payments made to you by the Student Loans Company. The fees for each year must be paid in full before continuing onto the next year if you are on a 2 year course.
If your fees are higher than the maximum loan entitlement per year, then you will be required to pay in the standard 2 instalments, 50% to enrol and 50% in term 2. The Student Fees Office may, in exceptional circumstances, agree an extended instalment arrangement for tuition fee payment. Evidence of additional approved funding support or income may be requested.
If you have applied for something other than the maximum amounts and do not fall into any of the categories above, then you must pay 50% of your fees at enrolment and the balance at the start of term 2.
Receiving your loan
Once you are fully enrolled at the university, we will contact the Student Loans Company to confirm this and your payment will be released within 2-5 working days of this confirmation being sent.
Please note that this process will ONLY release payment if you have returned your Signed Declaration form to the SLC confirming that you accept the Terms and Conditions of the loan. It takes them about 10 working days to process your declaration once you send it in, so please ensure you allow sufficient time for this.
You can find further information about the Post Graduate Loan by visiting our website at the following link:
If you have any further queries then please contact the Student Fees team