Scholarships and funding

To help talented students meet the financial costs of undertaking a Masters degree, LUMS commits a substantial sum of money in scholarships to help outstanding applicants who want to study on one of our programmes. Typically we award at least £1m in scholarships each year.

The awards are made by each individual programme, and are allocated on a rolling basis, so it is advisable to make your application as early in the year as possible to maximise your chances of receiving an award.

Who is eligible?

We have scholarships for UK, EU and international students as well as some special Management School alumni awards for recent Lancaster University graduates. These alumni awards are available to all who have graduated with either a 1st class or 2:1 degree in the past two years ­– whatever subject you have studied.

To find out more about what each programme is offering, see the scholarships page for the particular programmes you are interested in.

LUMS also has a number of country-specific Country Scholarships available for all taught Masters programmes.

Funding your study

Further information about postgraduate fees and funding can be found on the main Lancaster University website and on our Student Based Services web pages.

Other sources of funding

  • Professional and Career Development Loans
    A Professional and Career Development Loan could help you pay for learning that enhances your job skills or career prospects. It is a bank loan, so you will have to pay it back once you have finished your course. However, you don’t pay interest for the period when you are learning. See the Professional and Career Development Loans website for further details.

  • Bank loans
    UK residents may qualify for bank loans at advantageous rates.

  • Other potential sources of funding can be found through Find a Masters, Find a PhDTarget Courses and Postgrad Solutions.

For international students

The British Council and a number of governments and international agencies operate schemes which provide financial support to study in the UK. For information, please contact the nearest British Embassy, consulate or British Council Office. For more information, see the British Council website.