NUS welcomes new postgrad loan scheme

The chancellor announced that the Government would introduce loans of up to £10,000 for all postgraduate study. Photo: Tristan Martin via flickr

The chancellor announced that the Government would introduce loans of up to £10,000 for all postgraduate study.
Photo: Tristan Martin via flickr

 

The National Union of Students (NUS) applauds the government for intriducing new rules for postgraduates student loans.

Chancellor George Osborne today presented the autumn statememnt. One of the changes he annaounced is a postgrad funding system allowing postgraduate students will be to take student loans up to £10,000 to fund their further eduaction.

The NUS says it has been campaigning for this change since 2012.  Megan Dunn, NUS vice president (higher education), said:

“NUS and students’ unions have been persistent in calling for financial barriers to be removed from access to postgraduate study, and today’s announcement is a major step in the right direction and. NUS and students’ unions have been central in developing the conversation and lobbying decision makers across the country.

“Creating a government-backed postgraduate loans scheme will make a fundamental difference to the lives and opportunities of students. Many postgraduates are currently funding their study through potentially disastrous measures such as credit cards, overdrafts and personal loans.

“We are looking forward to inputting in to the upcoming consultation, so that this much needed postgraduate loans scheme can be introduced as a matter of urgency.”

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