Postgraduate Doctoral loans

Residency

On the first day of the first academic year of the course students must be:

• a UK, Irish or Islands national; or
• an EU national with settled or pre-settled status under the EU Settlement Scheme; or
• a non-EU national with indefinite leave to remain so there are no restricitons on their stay

Students must also be:

• ordinarily resident in England for at least three years other than for the purposes of study; and
• under 60 years old.

Academic years are determined by course start dates:

a. 1st September
b. 1st January
c. 1st April
d. 1st July

Applications may be subject to individual assessment, with up to three years' address history required.

Eligible courses

• Standalone doctoral programmes, such as PhD/ DPhil (Doctor of Philosophy), EdD (Doctor of Education) and EngD (Doctor of Engineering),
• Integrated doctoral programmes, even if you already have a master’s degree, and
• Distance Learning doctoral programmes 
• due to start from 1 August 2018 onwards
• full-time or part-time, for the duration of 3 to 8 academic years
• taught, research based or combined doctoral programmes.

Where your course is delivered by more than one university, and one is overseas you will still be eligible for the PDL provided:

• the UK university is the lead institution
• you spend at least 50% of your study time over the whole course in the UK.

Students can:

• apply for a non-means tested loan of up to the maximum
• apply up to 9 months after the academic year start date
• request a change to the loan amount up to 1 month before the academic year end date

The PDL is not means-tested, so it doesn't matter what your household income is.

Applications can be completed online or via paper forms through Student Finance England; who will administer the loans.

• Payments are made on the start date of term one, then the last Wednesday of the 4th and 7th month after the course starts
• Payments are split 33%, 33% and 34%

Yes. Repayments will be based on your income, not what you borrowed. You will repay 6.1% of your income over the threshold towards your loan. Repayments will normally start the April after you finish or leave your course.  When it comes to repayment there are a couple of differences from other student loans that you should be aware of:

• Interest will be charged from the day the first payment is made to you until the loan is repaid in full or written off. It won’t vary depending on your income after you finish your course.
• The interest rate is updated in September every year, using the RPI from March of that year. 
• If you started your undergraduate course on or after 1 September 2012 and have any other loans from the Student Loans Company you will repay these at the same time. This means you will repay
  • 9% of your income over £27,288 towards the student loan you took for your undergraduate course and
  • 6% of your income over £21,000 towards your Postgraduate Master’s Loan and
  • 6% of your income over £21,000 towards your Postgraduate Doctoral Loan

Outstanding balances of English and Welsh loans which are remaining 30 years after you're due to start making repayments will be written off.

Yes. Interest is charged from the day the first payment is made to the student until the loan is repaid in full. Interest will be charged at the Retail Price Index (RPI) plus 3%.