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Higher education

Talk to other parents whose children are preparing for university on our Higher Education forum.

Original poster

funding for masters

18 replies

nearlyemptynes · 31/05/2023 15:32

My DS is about to graduate (well end study as exams won't be marlked due to strikes but thats another story). He has a provisional place to do a masters in historic building conservation. The fees are 12,000! Does anyone know of any funding he could apply for apart from the graduate loan which he will also behaving. So much debt!

OP posts:
eggsbenedict23 · 31/05/2023 15:59

How much can you support with the fees?

Bunnyannesummers · 31/05/2023 23:35

See what bursaries or scholarships are available from the uni? Otherwise he’ll have to do it part time and work - very common for post grad

Runnerduck34 · 01/06/2023 00:35

Unfortunately the masters loan doesnt always cover the full cost of tuition let alone have anything left for living costs. My DD is due to start a masters and has the same issue, she has some savings and has found a summer job, we are also going to have to top her up.
Its really tough.
Looking to see if there are any bursaries or scholarships he can apply for is a good shout, my DD tried and couldnt find any she was eligible for so its hard but defintely worth a look. Also try and find work during the summer and save as much as possible, finally he may need to try and find part time work he could combine with his studies , all of which I know is easier said than done. Are you able to help him out financially at all? Even if only by sending him groceries.
Otherwise possibly he needs to work for a year and live at home for free to save like mad before he does his masters.

caringcarer · 01/06/2023 01:14

A career development loan from a bank.

Tudorfish · 01/06/2023 06:47

Just out of interest, does he need this masters for his chosen career? Will it lead to a well paid job?

OrderOfTheKookaburra · 01/06/2023 07:05

A year's gap and work and save for it?

Original poster
nearlyemptynes · 01/06/2023 07:09

He is very lucky that grandparents are paying his fees so his loan will be for rent and living costs and he is intending to get a part time job. He does need his masters as it will give him professional accreditation in the field he wishes to work in - otherwise he would not be doing it.

OP posts:
FernPotts · 01/06/2023 07:09

DS is topping up himself from savings, looking for a part time job, and hoping for a First as that will give him a 25% (I think) fee reduction. Trouble is, with the marking strike, he might not know his degree class at graduation.

benfoldsfivefan · 01/06/2023 07:31

Unless he’s very disciplined and has no interest having a social life, I would dissuade him from getting a part-time job because doing a full-time Masters in one year whilst working will be really tough. If he can’t get a bursary or scholarship (if he’s starting in September he should have applied by now) maybe he could extend his overdraft.

SandyIrvin · 01/06/2023 10:07

See if his uni offers accommodation jobs. DD does this and pays 25% rent (full rent already low compared to private). DD does this and apart from training week and arrivals weeks its only a few hours a week work and being on call one weekend a month. So doable for a masters student.

VikingsandDragons · 01/06/2023 10:58

I did this masters, mine was also in a year. I got a bank loan to fund the shortfall on mine, but I also wrote to every council within 75 miles and asked if they had any work experience with the conservation team. They took me on 1.5 days a week, paid, for my MSc year, which was much better money than bar work, and at the end of it I had 6 job offers because I had experience in working in policy, BC and conservation teams which most people on my course were yet to get, so I could hit the ground running. I'm not sure which area of conservation he's interested in, but if it is local authority work I'd consider this experience more important than ever as so many authorities have sadly gotten rid of their conservation specalists all together in various rounds of cuts.

MuddlerInLaw · 01/06/2023 11:06

The fees are 12,000! Does anyone know of any funding he could apply for apart from the graduate loan which he will also behaving. So much debt!

He is very lucky that grandparents are paying his fees so his loan will be for rent and living costs and he is intending to get a part time job.

So … What more does he need? It would seem rather greedy to hope for scholarships and bursaries that ought to go to students without generous grandparents.

benfoldsfivefan · 01/06/2023 11:10

So … What more does he need? It would seem rather greedy to hope for scholarships and bursaries that ought to go to students without generous grandparents.

The most he can take out for his Masters loan is 12K. That may not be enough to live off for twelve months.

RedHelenB · 01/06/2023 11:21

nearlyemptynes · 31/05/2023 15:32

My DS is about to graduate (well end study as exams won't be marlked due to strikes but thats another story). He has a provisional place to do a masters in historic building conservation. The fees are 12,000! Does anyone know of any funding he could apply for apart from the graduate loan which he will also behaving. So much debt!

He needs to look for scholarships at the uni, my dd got one to do her masters this year They offered £2000 and £5000.

titchy · 01/06/2023 11:27

The most he can take out for his Masters loan is 12K. That may not be enough to live off for twelve months.

It's the same (pro-rata) what UGs get with a full maintenance loan...

benfoldsfivefan · 01/06/2023 11:47

titchy · 01/06/2023 11:27

The most he can take out for his Masters loan is 12K. That may not be enough to live off for twelve months.

It's the same (pro-rata) what UGs get with a full maintenance loan...

I know, but £1k a month may not be enough for his rent, other bills, food, clothes, social life and travel costs.

titchy · 01/06/2023 12:13

I'm just saying that undergraduates manage on the same income so why can't he? I've never heard a UG say they can't manage on £1000 a month.

benfoldsfivefan · 01/06/2023 12:37

Not all undergraduates are entitled to the full loan and they're more likely to be in a shared student house, but the postgraduate student is likely to be living in a more expensive shared house with non-students, which is more expensive (£450 a month is the average rent for a room in the Northern city I live in). Undergraduates are also more likely to have part-time jobs, because they'll have much more time than a full-time post graduate student.

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