Funding and scholarships
Various forms of funding are available to help students on the MSc International Innovation: including programme bursary and scholarships.
Programme bursary for all students
The MSc International Innovation is closely aligned to the £5.1m Lancaster China Catalyst Programme, therefore for 2016 entry we are be able to provide 35 students on this Masters programme a £16,000 tax-free bursary over the two years to help with living costs.
This funding is provided through the HEFCE Catalyst Fund, the key partner in the Lancaster China Catalyst Programme. Tuition fees still apply.
The bursary will be distributed through instalments over the duration of the programme to assist with living expenses. £8,000 of the bursary will be given out in Year 1 and the same amount in Year 2.
Postgraduate Loan Scheme
In November 2015 the UK Government confirmed that a new postgraduate loan scheme will be introduced for students commencing Masters courses in the 2016/17 academic year.
Non means-tested loans of up to £10,000 per year will be made available to students applying to taught and research Masters courses. PhD students will be funded through a separate scheme.
Detailed eligibility criteria and information regarding the application process is expected early in 2016. Find out more on the main Lancaster University page.
In addition to the bursary, we are able to offer a number of scholarships to those entering the programme in 2016, and those who are awarded a scholarship will have this deducted from their tuition fees when they register on the programme.
If you wish to be considered for a scholarship, please submit a written statement of no more than 500 words (using this form), detailing why you feel you should be considered for a scholarship for this programme, to firstname.lastname@example.org with the subject line MSc International Innovation Scholarship no later than 2nd May 2016. Scholarship applications should only be submitted once you hold an offer of a place on the programme. Information you might wish to include in your statement might be concerned with:
- How the programme fits with your long-term career aspirations
- Relevant work experience
- Global view
- Cultural awareness
To help with study and living costs, Lancaster University also offers postgraduates a range of scholarships, studentships and bursaries.
Alumni Loyalty Scholarships
We recently launched a new Alumni Scholarship scheme for Lancaster University graduates starting a Masters degree at Lancaster from October 2016. We are offering a reduction in tuition fees for all Masters programmes to eligible applicants, determined by the level of undergraduate award achieved. The value of the scholarship is:
- 20% fee reduction for 1st Class Hons degree holders
- 10% fee reduction for 2:1 Hons degree holders
For further information on eligibility for this scholarship, see Alumni Loyalty Scholarships.