{"id":271233,"date":"2026-03-06T13:35:11","date_gmt":"2026-03-06T13:35:11","guid":{"rendered":"https:\/\/www.edgehill.ac.uk\/?p=271233"},"modified":"2026-03-08T17:17:56","modified_gmt":"2026-03-08T17:17:56","slug":"managing-your-money-as-a-postgraduate-student","status":"publish","type":"post","link":"https:\/\/www.edgehill.ac.uk\/news\/2026\/03\/managing-your-money-as-a-postgraduate-student\/","title":{"rendered":"Managing your money as a postgraduate student"},"content":{"rendered":"<div class=\"lazyblock-ehu-cover-Z1ttBkc wp-block-lazyblock-ehu-cover\">            <div >\n                                    <div class=\"wp-block-cover is-style-btm-lft-title is-style-top-right-links\">\n                        <img decoding=\"async\" width=\"1920\" height=\"1080\" data-src=\"https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/02\/Students-sitting-on-grass-and-looking-over-the-lake-on-campus.jpg\" class=\"wp-block-cover__image-background lazyload\" alt=\"Students sitting at the edge of the lake on our green campus.\" data-sizes=\"auto, (max-width: 640px) 100vw, (max-width: 768px) 50vw, (max-width: 1024px) 33vw, 1920px\" data-srcset=\"https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/02\/Students-sitting-on-grass-and-looking-over-the-lake-on-campus-300x169.jpg 300w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/02\/Students-sitting-on-grass-and-looking-over-the-lake-on-campus-1024x576.jpg 1024w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/02\/Students-sitting-on-grass-and-looking-over-the-lake-on-campus-768x432.jpg 768w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/02\/Students-sitting-on-grass-and-looking-over-the-lake-on-campus-640x360.jpg 640w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/02\/Students-sitting-on-grass-and-looking-over-the-lake-on-campus.jpg 1920w\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1920px; --smush-placeholder-aspect-ratio: 1920\/1080;\" \/>                \n                                            <div class=\"wp-block-cover__inner-container-wrapper\">\n                          <div class=\"wp-block-cover__inner-container purple\">\n                            \n                                                        <!-- Page Attribute - Page title visible -->\n                                                                                        <span class=\"lzb-cover-title show-title\">\n                                                                    Managing your money                                                                    <span class=\"below-title\">as a postgraduate student<\/span>\n                                                                    <\/span>\n                                \n                                                      <\/div>\n                      <\/div>\n                                        <\/div>\n                <\/div>\n\n                      \n            <\/div>\n\n\n<p class=\"is-style-intro-text\">Studying a postgraduate course is a big commitment, requiring both time and money, but offers fantastic opportunities to study what you love at a higher academic level. And gaining a postgraduate degree can open doors to lots of career options, too.<\/p>\n\n\n\n<p class=\"is-style-intro-text\">We know that finances are a big consideration for many students, so we\u2019ve put together some information and tips on how you can manage your money.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Research your tuition fees<\/h2>\n\n\n\n<p>Postgraduate courses can vary in cost depending on where you study and what course you study. At Edge Hill University, full-time postgraduate taught courses usually cost \u00a39,550 per year (with a few exceptions, such as MBAs), full-time MRes courses cost \u00a36,150 per year, and full-time PhD courses cost \u00a36,550 per year (prices for academic year 2026\/27). Be sure to look at the specific course you&#8217;re interested in to confirm the tuition fee amount.<\/p>\n\n\n<div class=\"lazyblock-ehu-announcement-Zj6tKk wp-block-lazyblock-ehu-announcement\">  <div class=\"ehu-announcement full\" style=\"background-color: #f1dbf6; border: 1px solid #884a93;\" role=\"alert\" \n  aria-live=\"polite\">\n      <div class=\"ehu-announcement-icon\" aria-hidden=\"true\">\n          <span class=\"disclaimer__icon fas fa-info\" style=\"color: #5f295f;\"><\/span>\n      <\/div>\n      <div class=\"ehu-announcement-text\" style=\"color: #1d1d1d;\">\n          If you&#8217;re an Edge Hill graduate, you could get up to a 20% reduction in your postgraduate fees. Find out more: <a href=\"https:\/\/www.edgehill.ac.uk\/document\/alumni-fee-remission-procedure\/\" target=\"_blank\">Edge Hill alumni fee remission<\/a>.\n      <\/div>\n  <\/div>\n  <\/div>\n\n\n<h2 class=\"wp-block-heading\">Find out what help you can get<\/h2>\n\n\n\n<p>In England, the government offer <strong>Master\u2019s loans of up to \u00a313,206<\/strong>, and you can apply for one of these if you\u2019re studying a taught Master\u2019s course or an MRes. If your course lasts for more than one year, your loan will be divided equally across each year of the course, so it\u2019s important to bear that in mind. If you\u2019re looking to study a PhD, you can apply for a government <strong>doctoral loan of up to \u00a331,122<\/strong>. Take a look at the <a href=\"https:\/\/www.gov.uk\/masters-loan\">eligibility criteria for government loans<\/a> for full information and details.<\/p>\n\n\n\n<p>If you\u2019re studying a postgraduate research course, you could apply for a research council grant for further funding, too.<\/p>\n\n\n\n<p>PGCE\u2019s work a little differently, and for these courses you can apply to <a href=\"https:\/\/www.gov.uk\/apply-online-for-student-finance\">Student Finance England<\/a> in the same way as an undergraduate degree. Subject to eligibility, you can apply for a loan for your tuition fees, and a separate maintenance loan which is means tested based on household income.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Set yourself a budget<\/h2>\n\n\n\n<p>Although there is help available through government loans, it\u2019s unlikely that this will cover everything you need. So, it\u2019s important to set yourself a budget and work out how much you\u2019ll need on a weekly basis. Things to consider in your budget include living costs (if you plan to live away from home), travel costs, food and toiletries, course materials, and monthly outgoings like your phone bill, Spotify or Netflix. Many students work part-time alongside their studies, as even full-time courses are often only timetabled for 2-3 days per week. This can be a great way to build experience and earn extra cash alongside your course.<\/p>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile is-image-fill-element\" style=\"grid-template-columns:32% auto\"><figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"640\" height=\"640\" data-src=\"https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/laura-cheney.jpg\" alt=\"Photo of Laura on her graduation day\" class=\"wp-image-271330 size-full lazyload\" style=\"--smush-placeholder-width: 640px; --smush-placeholder-aspect-ratio: 640\/640;object-position:48% 32%\" data-srcset=\"https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/laura-cheney.jpg 640w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/laura-cheney-300x300.jpg 300w\" data-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>I decided to work through the summer to save money to help support me whilst studying and I worked on Saturdays in the shop on campus to earn some extra money too. If you struggle with budgeting, the University have a great Money Advice Team who can help you.<\/em><\/p>\n\n\n\n<p>Laura, PGCE Primary Education with QTS<\/p>\n<\/blockquote>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Keeping your costs down<\/h2>\n\n\n\n<p>Being thrifty isn\u2019t just good for the environment, it\u2019s also great for your wallet. Shopping second-hand on Vinted is an easy way to save money, and you can list things you no longer need to make some cash back too.<\/p>\n\n\n\n<p>Ask about student discounts wherever you go. Here in Ormskirk, most bars, restaurants and cafes offer student discounts, and signing up Student Beans or TOTUM will get you discounts at retailers across the country. And if you\u2019re planning to use public transport, you\u2019ll be able to apply for a student bus or railcard.<\/p>\n\n\n\n<p>When it comes to the food shop, planning out your meals in advance and creating a list, or even pitching in with your roommates and taking turns to cook, can keep costs down a lot. Shopping late at night is usually the best time to get discounted groceries, and Aldi in Ormskirk is great for this.<\/p>\n\n\n\n<p>When it comes to socialising and down-time, most Universities put on plenty of free-to-attend events. At Edge Hill, our Students\u2019 Union and our Student Life Team organise events specifically for postgraduate students, as well as free breakfasts for students who commute onto campus, all of which are free or heavily discounted.<\/p>\n\n\n\n<div class=\"wp-block-media-text has-media-on-the-right is-stacked-on-mobile is-image-fill-element\" style=\"grid-template-columns:auto 32%\"><div class=\"wp-block-media-text__content\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>As a&nbsp;postgraduate student, I lived close to campus, so I chose to stay at home and commute by car, allowing me to save on rent and bills. I took advantage of student discounts when buying new clothes and avoided unnecessary expenses like pricey coffees. I also purchased an annual student membership for the Sports Centre and made use of the facilities before or after class, which was much cheaper than other gyms.<\/em><\/p>\n\n\n\n<p>Anais, MA Marketing Communications &amp; Branding<\/p>\n<\/blockquote>\n<\/div><figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"1024\" height=\"1024\" data-src=\"https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/Anais-Brady-0321-1024x1024.jpg\" alt=\"Profile photo of Anais\" class=\"wp-image-271342 size-full lazyload\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/1024;object-position:50% 24%\" data-srcset=\"https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/Anais-Brady-0321-1024x1024.jpg 1024w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/Anais-Brady-0321-300x300.jpg 300w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/Anais-Brady-0321-768x768.jpg 768w, https:\/\/www.edgehill.ac.uk\/wp-content\/uploads\/2025\/04\/Anais-Brady-0321-640x640.jpg 640w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Ask our students<\/h2>\n\n\n\n<p>You can chat to our current postgraduate students and ask about their experience by using our online chat feature. We\u2019re confident that they will have some great advice and top tips on managing money, as well as what it\u2019s like to study at postgraduate level.<\/p>\n\n\n<div class=\"lazyblock-ehu-button-block-1Fbnr6 wp-block-lazyblock-ehu-button-block\"><a class=\"ehu-buttons wp-block-button__link\" href=\"https:\/\/www.edgehill.ac.uk\/chat-with-our-students\/\">Chat with our students<span class=\"fa fa-arrow-right\"><\/span><\/a><\/div>\n\n\n<p>To find out more about fees and funding for postgraduate courses at Edge Hill, visit our 2026\/27 Fees and Funding pages.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"lazyblock-ehu-cta-XvdTO wp-block-lazyblock-ehu-cta\">                        <a class=\"ehu-cta wp-block-button__link\" href=\"https:\/\/www.edgehill.ac.uk\/study\/fees-and-funding\/fees-and-funding-guide-postgraduate-students-2026-27\/\">\n                <div class=\"cta-content\">\n                                    <div class=\"cta-title\">\n                    <p class=\"cta-title-text\">Postgraduate fees and funding guide 2026\/27<\/p>\n                    <\/div>\n                                            <\/div>\n            <\/a>\n            <\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"lazyblock-ehu-cta-Z1FvE4W wp-block-lazyblock-ehu-cta\">                        <a class=\"ehu-cta wp-block-button__link\" href=\"https:\/\/www.edgehill.ac.uk\/study\/fees-and-funding\/fees-and-funding-guide-pgce-students-2026-27\/\">\n                <div class=\"cta-content\">\n                                    <div class=\"cta-title\">\n                    <p class=\"cta-title-text\">PGCE fees and funding guide 2026\/27<\/p>\n                    <\/div>\n                                            <\/div>\n            <\/a>\n            <\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discover ways you can fund your studies and save money as a postgraduate student at Edge Hill University.<\/p>\n","protected":false},"author":51,"featured_media":265099,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[12181,15916,11829],"audience":[15844],"topic":[14657,15902],"news_type":[121],"class_list":["post-271233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feature","tag-finance","tag-money-advice","tag-postgraduate","audience-prospective-students","topic-finance","topic-student-support","news_type-news-feature"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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