Funding for masters if you already have a masters

Hello. I am considering a masters degree but am concerned about how to fund myself. I already have a masters but self funded for this. I understand that even though I did not take out the postgraduate loan for my first masters I am now ineligible for this fund as I have a masters. I was just wondering what other people have done in this situation? Any advise would be wonderful. Many thanks Catherine 

Comments

  • MalMonroe
    MalMonroe Posts: 5,783
    First Anniversary First Post Name Dropper Photogenic
    Forumite
    Here's some helpful info from this very site -
    https://www.moneysavingexpert.com/students/postgraduate-loans/#

    It appears that you can't have funding for a Masters if you already have one. Not sure why you'd want another one though - why not go higher? PhD? You'd probably qualify for funding then.
    Please note - taken from the Forum Rules and amended for my own personal use (with thanks) : It is up to you to investigate, check, double-check and check yet again before you make any decisions or take any action based on any information you glean from any of my posts. Although I do carry out careful research before posting and never intend to mislead or supply out-of-date or incorrect information, please do not rely 100% on what you are reading. Verify everything in order to protect yourself as you are responsible for any action you consequently take.
  • Mickey666
    Mickey666 Posts: 2,834
    Photogenic First Anniversary First Post Name Dropper
    Forumite
    Out of interest, is there a central database anywhere that records such things as educational qualifications?  Obviously, student loans can be fairly easily tracked, but how can anyone find out, or even verify, what educational qualifications someone has?

  • Voyager2002
    Voyager2002 Posts: 15,225
    Name Dropper First Post First Anniversary Combo Breaker
    Forumite
    CathGall said:
    Hello. I am considering a masters degree but am concerned about how to fund myself. I already have a masters but self funded for this. I understand that even though I did not take out the postgraduate loan for my first masters I am now ineligible for this fund as I have a masters. I was just wondering what other people have done in this situation? Any advise would be wonderful. Many thanks Catherine 

    If the course you would like to take is in a STEM subject then you are still eligible for the loan.
  • Soot2006
    Soot2006 Posts: 2,150
    Name Dropper Photogenic First Post First Anniversary
    Forumite
    Mickey666 said:
    Out of interest, is there a central database anywhere that records such things as educational qualifications?  Obviously, student loans can be fairly easily tracked, but how can anyone find out, or even verify, what educational qualifications someone has?


    HEDD

  • Thanks everyone for your comments. I think it seems I will have to source funding elsewhere and unfortunately it is not a Stem subject but thanks for the suggestion. 
Meet your Ambassadors

Categories

  • All Categories
  • 341.7K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.2K Spending & Discounts
  • 233.9K Work, Benefits & Business
  • 606K Mortgages, Homes & Bills
  • 172.5K Life & Family
  • 246.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards