Professional and Career Development Loans
Many Masters students fund their studies by taking out a Professional and Career Development Loan. If you are from the UK or have been living in the UK for at least 3 years before your course starts you may borrow between £300 and £10,000 from the Co-operative Bank. Loans are usually offered at a reduced interest rate and the government pays interest while you're studying. You start repaying the loan (plus interest at a reduced rate) 1 month after leaving your course.
Applying for your Professional and Career Development Loan
Detailed information on the Professional and Career Development Loan can be accessed from the gov.uk website.
You should apply for your Professional and Career Development Loan well before the start of your course as it can take up to three months for your bank to process your application.
If your application for a Professional and Career Development Loan is successful you will be provided with a form which must be signed by a specific named member of staff at Durham University to confirm that you are a registered student of the University.
Please call into the Scholarships and Student Funding Office to drop off your forms for signing or, if this is not possible, please post them to Ms Kai Raudsep, Durham University, The Palatine Centre, Stockton Road, Durham DH1 3LE. Please bring or post the stamped addressed envelope provided with the form and we will send it to the Bank for you. Please note that we can not complete the Course Start Notification form before you are fully registered student and started your course.
Durham University is listed on the Professional and Career Development Loan Register of learning providers.
Our Learner Provider Number is 6043
The University of Durham makes every effort to ensure that the information published or contained on its website is accurate. However, the University cannot guarantee the information may not be altered owing to circumstances beyond the University’s reasonable control. Such circumstances include (but are not limited to) change in Government policy, or change of law. Any changes will be incorporated into the University’s website. Any person wishing to obtain confirmation of any particular item should contact the University via firstname.lastname@example.org .
Exclusive £5,000 scholarship for Durham University alumni
Durham University Business School is pleased to be able to offer a £5,000 scholarship to Durham alumni who join the full-time, Executive or Global MBA programme.
You can find out more at