Funding your future – the lowdown on postgraduate loans and Cranfield University scholarships available to you
28/11/2016

Cranfield University is proud to partner with Future Finance to help ambitious students afford a great education. We are very excited to launch the new Future Finance Scholarship worth £5,000 to reward two exceptional students commencing their study in 2016/17. To be eligible students must have achieved a first class honours or 2:1 (or equivalent) in their first degree and have applied for admission for either the Cranfield Executive MBA (January 2017 intake) or MSc Aerospace Vehicle Design (March 2017 intake). There is one £5,000 scholarship awarded for each course to go toward the cost of tuition fees.
To find out how to apply for the scholarship visit the Cranfield University website and complete the application form – but hurry, the deadline for students on the Executive MBA is 16 December 2017! Make sure you tell us all about your proudest achievements. We also want to know why you chose to study at Cranfield – we love it when our students are passionate about what they study. Finally don’t forget to explain how this scholarship will help you fulfil your study goals at Cranfield.
New, smart, flexible loans for European students
The European Investment Fund (EIF) has partnered with Future Finance to offer smart, flexible loans to European Master’s level students moving to or from the UK for their studies. You can borrow up to £9,300 for courses up to 12 months in length. As Cranfield is an Erasmus+ university Master’s students can apply for the loans to assist with the cost of their studies.
Interest rates will be 7.5% (var). Repayments are over 6 to 10 years, starting one year after you’ve completed your course. You can also take a 12-month repayment break during that time, and you can repay earlier if you wish without penalty or early repayment fees. Further details of eligibility requirements, interest rates and other key terms of the loan are available by visiting the Future Finance website.
More student loans!
If you don’t qualify for an Erasmus+ student loan there may be other student loan options at Cranfield University. Future Finance offer loans for all Cranfield University students.
Alternatively if you are a UK or EU student you may qualify for the Postgraduate Loan from Student Finance England which allows you to borrow up to £10,000. There is also the Cranfield Postgraduate Loan Scheme operated by Prodigy Finance for those UK and EU students studying a full-time Master’s course in a STEM subject.
Cranfield is also approved to support US students with US Federal Loans or Sallie Mae Loans. I will be blogging more details about all these options in the coming months so stay tuned.
It is important that you look closely at any student loan option to make sure that it is right for you and your circumstances, contact the loan provider directly if you have any questions. For more information on anything in today’s blog please contact the Student Immigration and Funding Office by email: studentfunding@cranfield.ac.uk or skype: studentfunding1.
Categories & Tags:
Leave a comment on this post:
You might also like…
Are you being disturbed by noise in the Library?
We want you to be able to study comfortably in all our libraries. At the Kings Norton Library we have been working hard to reduce ongoing problems with noise. Please work in the zone that ...
The efficacy of 3rd generation photovoltaics for Application Targeted Integrated PV applications (ATIP)
My name is Dr. Sagar M. Jain, Senior lecturer and lead in photovoltaics and optoelectronics, Centre for Renewable Energy Systems (CRES), Cranfield University, UK Photovoltaics need to be integrated on various infrastructures and for ...
Digitising the Cranfield University Photo Archive
We are delighted to announce that we have been awarded a scoping grant to help us digitise more of our Photographic Archive and make the images available online. The grant has been provided by Archives ...
Too much to do? Can’t get your thoughts down on paper?
Our Study Skills Hub has two sections that may be able to help you! In Time Management we have some great tips on how to manage your time, to prioritise, and de-stress. First of all, ...
Is direct air capture going to save our industries and our planet?
We are about to experience the greatest disaster of our lives. Climate crisis is here. We can see the implications on daily lives – draughts, heat waves, uncertain weather. In my TEDx Talk, I ...
Defying expectations: Michelle’s MSc journey
Defying expectations: Michelle’s MSc journey “I’ve always been really passionate about forensics,” remembers Cranfield scholarship student Michelle Holt. “When I was younger, I remember being stuck inside because of the weather, finding CSI on the ...
Hello sam.