[skip to content]

Student Advice and Wellbeing

Funding Sources For Postgraduate Students

Funding Websites & Publications

These publications can be found in large public libraries and in the SOAS Careers Office and SOAS Library.

Professional and Career Development Loans (PCDLs)

For students who are not in receipt of a bursary, a scholarship or private funding, PCDLs have become an increasingly popular postgraduate funding option. A PCDL is a deferred repayment, fixed interest rate bank loan which provides an individual with help to pay for tuition fees, course costs and living expenses.

PCDLs are operated by a partnership arrangement between the government and three major banks - Barclays, the Cooperative and the Royal Bank of Scotland. The government's Learning and Skills Council (LSC) pays the interest on the loan for you while you are studying, and you do not need to begin repaying the loan until a month after you have completed your course. You may be able to defer repayments if you cannot find employment.

You can apply to borrow between £300 and £10,000 to pay for up to 2 years of a course. Because a PCDL is a loan arrangement with a bank, the bank will need to satisfy itself that you will be able to pay the money back.

To be eligible to apply for a CDL you need to intend to use the course to prepare you for work in the UK or elsewhere in the EEA. A person will not qualify for a CDL if there are any restrictions on their stay in the UK.

Further information can be obtained from any of the participating banks or by calling free on 0800 585505 between 8am and 10pm Monday to Friday. Full details of the scheme are also available on the website: www.gov.uk