Guest Blog: How To Finance Your Masters

Today Krija takes over UnCOVered to give our readers some ideas on funding that masters degree. Take it away Krija!

What I did…

Progressing to a masters degree to further my career and put myself ahead of the competition with others in the scientific field, simply seemed like the best thing I could have done after my undergraduate degree. But naturally, as an individual supporting myself, it came with a great deal of apprehensiveness and concern over how I’d be able to manage my finances whilst continuing to perform to the standard I aimed for during my masters.

Thankfully, Coventry University were offering the opportunity to apply for Masters Scholarship of up to £10,000 during the year I commenced my MSc (2015). Such an amount not only covered my tuition fees, but I also had a sum remaining to put towards living fees. So keep your eyes peeled for further funding opportunities offered to high achievers!

Being given such a scholarship not only enabled me to comfortably complete my masters, but it took a huge burden off my shoulders when it came to worrying about financing accommodation and living. Even more so, the university took care of all the details associated with the scholarship i.e. ensuring the balance was transferred on time over the two semesters for the tuition fees, so all I had to do was accept my offer and focus on study! Quite simply, I wouldn’t have been able to commence let alone complete my MSc had it not been for the scholarship and to compliment it even further, I was also eligible for the further £500 alumni discount, providing me with a large sum remaining towards my living costs. So in essence, I owe my opportunity to hold an MSc to my name to Coventry University and their generosity in providing the scholarship.

What you can do to finance your masters…

There are various different streams of funding available to any prospective student at Coventry University. Here’s a list of options you might want to go for:

  • There are a number of scholarships available worth up to £10,000 for high achieving international students
  • UK achievement scholarships
  • A new alumni discount of £1,000 to any Coventry graduate for year one of full-time postgraduate taught courses
  • UK postgraduate loan scheme worth up to £10,280
  • Flexible Payment Scheme to help you spread costs throughout the year
  • Drop into the Postgraduate Fair on 15th February 2017, this will give you access to lots of information in one place
  • Some students choose to fund postgraduate study through part-time work, and the university’s own recruitment agency theFutureWorks can help you find something suitable.
Thanks Krija! As daunting as it may seem, there really are a number of options available to you if you decide you want to progress from undergrad to postgrad study. Just visit our website, or speak to a member of our team via the comments or social media to find out more!