UCL School of Management

Funding and Scholarships

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.


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

MSc Finance 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 

Learn more about MSc Finance Scholarships

Scholarships open to all programmes

UCL East Scholarships
This scholarship supports the ambitions of east Londoners by funding the tuition fees and living costs of all UCL East Master’s programmes and select School of Management programmes.
Learn more about the UCL East Scholarship
UCL Global Master’s Scholarship
The UCL Global Masters Scholarship aims to enable and encourage international students from lower income backgrounds to pursue full-time Master’s degree studies at UCL.

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
US Financial Aid at UCL
UCL participates in the William D. Ford Federal Direct Loan Program (Direct Loans). This is the main US financial aid scheme available to US students in the UK.

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
UCL Fee Partnerships
UCL has partnerships with a variety of external funding providers in which the university offers a contribution towards tuition fees. These are typically in partnership with governments and not-for-profits. 

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
UCL Scholarship Finder
This list is not exhaustive, and so we recommend you use UCL’s Scholarship Finder to enable you to find all of the scholarships that are available to you. 

Learn more about scholarships at UCL

Financing your studies

Many students choose to supplement their own personal funds and/or scholarships with student loans.

Postgraduate Master’s Loan
If you are a UK or EU student who meets certain criteria, you can apply for the  Postgraduate Master’s Loan from the UK government. See the gov.uk website for more information.
Prodigy Finance (International Students)

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

Learn more about Prodigy Finance and apply

Lendwise (Home students)

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.

Learn more about Lendwise and apply

Please note: This information is provided for reference purposes only. The inclusion of providers on this list does not indicate a recommendation or approval by the School. Providers are not presented in any order of preference. You are responsible for undertaking your own due diligence and checking all terms and conditions before entering into an agreement with a loan or scholarship provider. The inclusion of a provider on this list does not indicate a partnership agreement with UCL or UCL School of Management. 

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.

Last updated Thursday, 2 May 2024