As you consider studying a Master’s degree with us at UCL, it’s important to also consider how you will fund your studies. Many students combine personal resources with Master’s scholarships, bursaries and student loans.
The information provided on this page sets out some options for funding your studies to help you decide on the best way to manage your finances.
Scholarships
University College London is pleased to offer a range of scholarships for our Master’s programmes. Postgraduate scholarships are typically awarded to our most talented students across a range of categories. We strongly encourage applicants wishing to obtain scholarships to apply early in order to have the best chance of receiving one.
Programme-specific scholarships
Scholarships of up to £10,000 are available for outstanding candidates on the MSc Finance programme in the 2024/25 academic year.
Scholarships will be awarded to candidates in one of the following categories:
- Women in Finance Scholarship
- Global Finance Scholarship
- The Impact Scholarship
- The Excellence Scholarship
Scholarships open to all programmes
Learn more about the UCL East Scholarship
There are 85 scholarships available each year worth up to £15,000 each. The scholarship is awarded on the basis of financial need and upon the recommendation of the Student Funding Office.
Learn more about the UCL Global Master’s Scholarship
All UCL School of Management Master’s programmes are eligible for this loan, excluding the UCL MBA in Global Management and the UCL MBA with Peking University.
Learn more about US Financial Aid
Applications for the awards listed should be made directly to the external funding body (via the links provided), following their established procedures. Applicants must apply directly to UCL for a place on a programme of study at the same time. Applicants selected for the relevant external awards, who are also offered a place at UCL, will then automatically qualify for the fee contribution.
View the complete list of fee partnerships
Learn more about scholarships at UCL
Financing your studies
Many students choose to supplement their own personal funds and/or scholarships with student loans.
Prodigy Finance is a fintech platform that enables financing for international postgraduate students who attend a participating business school or postgraduate institution.
- Lends to most international students, subject to eligibility
- Lending for approved Masters level courses
- Funded by community investors, and external investors
- Lending levels based on innovative model of predictive post-degree salary indicators
- Prodigy Finance fully responsible for lending decisions - eligibility criteria apply
- Competitive interest rates
All UCL postgraduate courses are eligible for a Lendwise student loan. “Home” students can borrow towards tuition fees and living expenses for postgraduate or professional qualification studies. Full-time programme students have access to a grace period that allows for repayment to start after graduation.
How to apply
The application process is online. UCL will be required to verify your course attendance before any funding is released. Rates depend on an applicant’s overall profile and you can submit an application at any time.
Loan funds requested for tuition will be released directly to UCL and will be applied towards your tuition. Loans for living costs will be paid directly to you. Details on eligibility requirements, interest rates and other key terms of a Lendwise student loan are featured on their website.
What are the potential costs?
Each student’s journey through their studies will be different and there is no one-size-fits-all approach when it comes to costs as each student will prioritise different things according to their own needs.
Typically students will need to consider the following categories of costs:
- Tuition fees
- Any additional costs for materials, trips and visits
- Cost of accommodation in London
- Transport around London
- Food
- Extracurricular activities with UCL or the UCL Students Union
- Exploring London
Other resources
You can find more information about ways to fund your studies in the fees and funding section of the UCL website.