Master's degree funding
Scholarships and funding for a master's programme in the Management School.
Scholarships and funding for a master's programme in the Management School.
Summary of our 2026 scholarships at a glance
| Your qualifications | Programme cost without scholarship | International Regional Scholarship | LUMS Master's Excellence Scholarship | You pay |
|---|---|---|---|---|
|
1st class degree |
£30,000 | £10,000 | - | £20,000 |
|
1st class degree |
£28,000 | £10,000 | - | £18,000 |
|
2:1 degree |
£30,000 | £10,000 | - | £20,000 |
|
2:1 degree |
£28,000 | £10,000 | - | £18,000 |
|
2:2 degree |
£30,000 | - | £3,000 | £27,000 |
|
2:2 degree |
£28,000 | - | £2,800 | £25,200 |
You can check the UK Bachelor's degree equivalent for your qualifications here: Postgraduate entry qualifications
We also offer an additional 10% discount on fees for Lancaster University Alumni: Alumni Loyalty Scholarship.
Scholarships will be applied automatically if you meet the criteria.
| Your qualifications | Programme cost without scholarship | LUMS Master's Excellence Scholarship | You pay |
|---|---|---|---|
|
1st class degree |
£30,000 | £6,000 | £24,000 |
|
1st class degree |
£28,000 | £5,600 | £22,400 |
|
2:1 degree |
£30,000 | £4,500 | £25,500 |
|
2:1 degree |
£28,000 | £4,200 | £23,800 |
|
2:2 degree |
£30,000 | £3,000 | £27,000 |
|
2:2 degree |
£28,000 | £2,800 | £25,200 |
You can check the UK Bachelor's degree equivalent for your qualifications here: Postgraduate entry qualifications
We also offer an additional 10% discount on fees for Lancaster University Alumni: Alumni Loyalty Scholarship.
Scholarships will be applied automatically if you meet the criteria.
| Your qualifications | Programme cost without scholarship | Scholarship amount | You pay |
|---|---|---|---|
| 1st class degree | £16,270 | 30% | £11,389 |
| 1st class degree | £15,450 | 30% | £10,815 |
We also offer an additional 10% discount on fees for Lancaster University Alumni: Alumni Loyalty Scholarship.
Scholarships will be applied automatically if you meet the criteria.
Options for funding your master's study.
The UK Government provides a postgraduate loan scheme for students undertaking master's courses.
Non-means-tested loans are made available to students applying to taught and research master's courses.
For more information, visit the Gov.uk website.
Prodigy Finance is revolutionising student finance. Our innovative model offers alumni-funded loans to international students at the world’s top business schools, including Lancaster University Management School. While banks base their loan decisions on historical salaries, Prodigy looks to the future. We assess applicants’ future earning potential (based on the past achievements of similar graduates) to determine loan affordability. Our model is borderless, allowing us to offer competitive rates to students of over 150 nationalities.
Accepted students into the following programmes are eligible to apply for a loan with Prodigy:
Interest rates vary depending on individual applicants. Prodigy’s website provides more details on the loan's terms and conditions and how to apply.
Prodigy Finance Ltd is incorporated in the United Kingdom (Company Number 05912562) and registered with the Office of the Information Commissioner (Reg. No. Z9851854). Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register under firm registration number 612713. Prodigy's registered address is Palladium House 1-4 Argyll Street, London, W1F 7LD
Lancaster University information on scholarships and bursaries
A searchable database of funding opportunities on the Lancaster University ASK portal.
A funding resource for current and prospective postgraduate students looking to fund postgraduate study in the UK through grants from charities, trusts, and foundations. Lancaster University students can access the guide for free.