Applications open for Postgraduate Doctoral Loans

The Student Loans Company (SLC) has launched its student finance application service for postgraduate doctoral students in England.

Eligible students can apply for a Postgraduate Doctoral Loan to help them with tuition fees and living costs while they study courses such as PhDs.

Applications for postgraduate master’s students opened earlier in the month.

Derek Ross, SLC Executive Director of Operations said: “I’m pleased to announce that applications are open for post graduate doctoral students. Students should apply online now. Applying as quickly and correctly as possible is the best way of making sure funding is in place before the new term starts.”

Key facts about the Postgraduate Doctoral Loan

1. You can get up to £26,445 to help with course fees and living costs
2. The loan is paid directly to you. It will be divided equally over each year of your course
3. Returning students do not need to reapply for their funding
4. You start repaying your Postgraduate Doctoral Loan the April after you finish or leave your course. You repay 6% of what you earn over the repayment threshold which is currently £21,000 per annum. If you have other student loans you repay these at the same time.