As postgraduate students, there are a variety of different options available to prospect students alongside those who studied their undergraduate degree at Bournemouth ranging from student finance to faculty-specific scholarships and in this blog, I will be going through the key aspects of funding for your time on your postgraduate course and what you can do to prepare if you are considering studying as a postgraduate at Bournemouth University!
Student Finance:
Whilst the application process remains more or less the same when compared to undergraduate courses, the type of loan available to the students is slightly different based on what is given to the students. Whilst typically on an undergraduate course, the student would have a maintenance loan paid directly to them alongside a tuition fee loan that would be paid to the university which would be paid back by the student once they began work following graduation. Postgraduate students can receive a Master’s Loan which aims to cover tuition fees and living expenses for the student with the current maximum value available being £11,570 (for January 2022 entry) and £11,836 (for September 2022 entry). Some postgraduate courses will last longer than one year meaning the loan would then be split across the additional years.
Scholarships:
There are a couple of scholarships available to students which are similar to those available to undergraduates (music and sport) and then there is the Academic Achievement scholarship for UK/ROI and CI students and the Academic Excellence scholarship for International students. This scholarship is automatically applied should the student receive a grade on their undergraduate degree of 2:1 or higher, or a CPE with a merit profile which leads to a £2,000 reduction in tuition fees for UK students,£3,500 for international students.
Discounts:
Additional discounts are also available to those who studied and graduated for their undergraduate degree at Bournemouth University or if they have a family member of did/still is studying at BU. The graduate discount for BU students is 20% (for me this took off £1,500) and you are eligible no matter the gap between graduation and when you choose to start your postgraduate study. The family discount is an additional 10% off your tuition fees and the final discount available is 25% if you are a staff member at Bournemouth University and have worked for the university for more than one calendar year.
There is a large number of funding options available to postgraduate students at Bournemouth University and you can find all the additional key information through the link below: