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What are the funding options for a UK Master's including loans and scholarships?

16 Jun 2026 · Answered by Shairal Pathak · 1 min read
Shairal Pathak
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You have some strong options for funding your UK Master's, including major scholarships like Chevening, Commonwealth, and GREAT Scholarships, which cover tuition and living costs. For loans, you can explore Indian banks, NBFCs like HDFC Credila, or international lenders such as Prodigy Finance. Start researching scholarships early and compare loan terms to find what suits you best. Consider talking to a financial advisor for personalized guidance.

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Premlata Shandilya
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If you do not secure a scholarship for your master's studies in the UK, you can explore several other funding options. Indian banks often offer education loans for studying abroad, which can help cover tuition and living expenses - it's important to check the terms with your bank directly. Many students also rely on personal savings or family support, so having a clear financial plan is crucial. International students in the UK are allowed to work part-time, which may help offset living costs, but be mindful of visa regulations regarding work hours. Employer sponsorship could also be an option if your current organization supports further education. In some cases, charitable organizations or trusts provide grants or loans; it’s worth looking into those that match your background and intended field. Additionally, some universities offer bursaries or need-based aid beyond scholarships, so reaching out to the financial aid office at your chosen university can provide more clarity. If you’d like guidance tailored to your situation, your LeapScholar counsellor can help you explore these options in detail.

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