Other funding sources for postgraduates
There are a number of specialist organisations which offer funding to postgraduate students to help pay for courses and living costs, two of which are mentioned below.
Professional and Career Development Loans (PCDL)
You may be able to apply for a PCDL to help towards the cost of a postgraduate degree. PCDLs are bank loans that can be used to pay for work-related learning. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year’s relevant unpaid practical work). Further information on financial assistance to support your learning can be found on the PCDL website.
Future Finance Student Loans
Future Finance offer prospective students the opportunity to apply for a loan. Future Finance loans are:
- Offered to all Leicester students with a UK home address (assuming they meet appropriate credit checks and are 18 or over), irrelevant of the level of study.
- Available from £2,500 to £40,000. This money can be used for living costs as well as tuition fees.
- Repayable up to 10 years and three months after graduation.
- Flexible as you can apply for up to four payment breaks of three months each during the loan period.
- For more information and the best rates please visit the Future Finance website.
Further details of eligibility requirements, interest rates and other key terms of the loan are available by visiting the Future Finance website.
*Please note that the information provided on the University of Leicester’s website is not, and shall not be deemed to constitute, advice, an endorsement or a recommendation regarding any loan product. You should always ensure that a particular loan product is suitable for you and seek independent professional advice if needed. The University of Leicester does not assume any liability for any content on external third party websites that it provides hyperlinks to. The third party website provider is liable for the accuracy of the content and information it provides on its website.
The most common way to fund further study is through earnings from a part-time or full-time job. We have our own recruitment agency, Unitemps, on site who are able to help you to find part-time work.
If you are a Canadian student you may wish to take out a Canadian loan to cover the cost of your tuition fees. The Government of Canada provides financial assistance in the form of loans and grants to Canadians attending full-time and part-time post-secondary education in most provinces and territories across Canada.
If you have been awarded a student loan or grant, you must provide the Student and Library Information Services with a copy of your Certificate of Eligibility that indicates how much money you will get. If the loan/grant is not covering the full academic year’s fee, you will be liable to pay your element of the fee liability in line with the dates and number of instalments in the University's payment schedule.
If you have not received your Certificate of Eligibility then you will need to pay the first instalment of your tuition fees. If your loan is then later paid to the University, we will arrange for any overpayment to be refunded back to the original payee.
Confirmation of enrolment
You will receive an enrolment form and instructions in the post from your Canadian Student Services Branch. This must be signed by us to confirm your enrolment before you can return the form back to the correct Student Services Branch. We can only sign this once you have registered with the University.
Canadian tax credits
Students who file a Canadian tax return may claim reduced tax on their education expenses.
Campus based students
Campus based students will require a TL11A (Tuition, Education and Textbook Amounts Certificate - University outside of Canada) form. These will be automatically created and emailed to all full-time Canadian campus based students in February.
Distance learning students
Distance learning students will require a TL11D (Tuition Fees Certificate – Educational Institutions outside Canada for a Deemed Resident of Canada) form. This should be requested through the relevant Distance Learning Team.