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Education

 
Graduate UK Postgraduate Study Guide > Funding
 

 

"Graduates are guaranteed funding for postgraduate courses".

Wrong.

Funding for postgraduate courses is becoming increasingly difficult, and few courses if any can now guarantee funding. More students are having to fund themselves and should always check the funding situation before enrolling on a course.

Home Students

The main source of financial support for higher degree students who are ordinarily resident in the UK, takes the form of studentships from The British Academy and the various Research Councils. There are advanced coursework studentships where you work towards the award of a Masters' degree, and there are research studentships where you work towards the award of a Doctorate. Each awarding body has its own areas of responsibility according to subject of degree to be studied.

Foreign Students

Overseas students will normally be expected to provide written financial guarantees as well as being able to prove competence in the English language before they can be accepted onto a course. Institutions of higher education sometimes have their own special scholarships for overseas students and it is worth checking with each individual establishment.

Special Schemes

  • CASE (Co operative Awards in Science and Engineering)

Promoted by the Engineering and Physical Sciences Research Council to encourage students to gain experience of working in industry. Under this scheme, students work at the premises of the collaborating organisation for at least three months of the award. The Natural Environment Research Council also has its own CASE awards operating on similar principles of collaboration between academic institutions and industry, public authorities and research institutes.

Partnerships between higher education and industry. Funds are available to support well over 500 programmes, in engineering and science, in marketing, manufacturing, and management, plus some legal and social science based programmes. High calibre graduates are recruited as associates and jointly supervised by academic and industrial staff. The Associate is based full time at the company and is paid a salary at the appropriate company level.

  • Information Technology Conversion Courses

The EPSRC makes about 1,000 awards each year, which enable graduates from other disciplines to convert by means of courses which are vocationally related to computer aided systems and technology. Some courses are targeted at numerate graduates from arts and social science disciplines.

Higher Degrees Without Funding: What To Do

Not all higher degrees are supported by the Research Councils. Where this happens students become liable for fees and have to give financial guarantees that they can maintain themselves. This may involve giving financial guarantees of between £6,500 and £8,250. Obviously it is difficult to self finance such sums, but it can be done. For example, a package can be put together of personal savings, parental contribution, a bank loan and a grant from a trust or charity.

Most universities do have some scholarships of their own which are distributed each year and it is worth making enquiries about these. Occasionally it has been known for those employed as a research assistant to be offered the option of registration for a higher degree. Although charities and grant making trust are so specific that eligibility is difficult, it is worth checking on these in your University Careers Service.

Vocational Courses

Some courses may be funded by the Research Councils, advanced course studentships for taught Masters and bursaries for postgraduate diplomas. Other specific courses may be funded by such bodies as The Department for Education and Skills, The Central Council for Education and Training in Social Work, or The Home Office.

Local Education Authorities may give grants for some postgraduates' courses, but the policy of LEA's varies enormously on funding. With the exception of the Postgraduate Certificate of Education (Teaching), which is virtually a mandatory award, all awards by LEA's are discretionary.

Courses such as Law, Careers Counselling and Secretarial Studies all come under LEA discretion. At an early stage you should ask your LEA for a leaflet which will give details of discretionary awards policy and appeal procedures.

Other Funding Sources

It is always advisable to seek advice from the relevant academic department about awards for their courses. Sometimes they will know about funding sources which are unknown to you. For example, some one year courses, of an overtly vocational nature are funded by the European Social Fund.

Your Local Authority Awards Officer will have information about local charities and any grant making trusts for which you may qualify. It is also worth checking some of the reference books in your University Careers Service such as:


This content is © The University of Hull. Edited and reproduced with kind permission from John Franks - Head of Hull University Careers Service. All Rights Reserved.

 

 

 
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