Postgraduate Prospects Funding Talk - University of Glasgow by pengxiang

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									Funding Postgraduate Study
University of Glasgow Postgraduate Open Day
8th November 2013




Matthew Williamson
Graduate Prospects
www.prospects.ac.uk
  Why do postgraduate study?


       Employability

Recruiters love what postgraduates have to offer:

   –   communication skills
   –   work ethic
   –   research methods
   –   team working
   –   self-management
Don’t do postgraduate
study just because…

• You want to retain a student lifestyle
• Your partner/friends are in the same city
• You don’t know what else to do with yourself
The bad news…


 No mandatory funding
 for postgraduate
 students
BUT…

   Postgraduate study is
   incredibly popular

• More than half a million students
• 55,000 postgraduate programmes
Funding is usually provided
in specific areas




 You are not competing with
 everyone else for a single
 pot of money
The Research Councils

- The biggest funding providers


•   Arts & Humanities
•   Biotechnology & Biological Sciences
•   Economic & Social
•   Engineering & Physical Sciences
•   Medical
•   Natural Environment
•   Science & Technology
Arts & Humanities Research Council
www.ahrc.ac.uk
Biotechnology & Biological Sciences
Research Council www.bbsrc.ac.uk

Economic & Social Research Council
www.ehrc.ac.uk

Engineering & Physical Sciences Research
Council www.epsrc.ac.uk

Medical Research Council www.mrc.ac.uk

Natural Environment Research Council
www.nerc.ac.uk

Science & Technology Facilities Council
www.scitech.ac.uk
Charities, foundations
      and trusts


Significant but often overlooked
It doesn’t get more specific than this…


Anglo-Danish Society
For UK students studying at three universities in
Denmark, especially in the built environment

Dr Hadwen Trust
Funding for life sciences students opposed to vivisection
“Potential postgraduates need
patience while looking for funding. I
have been awarded two small grants
of £800 and £500 from the Sydney
Perry Foundation and the Chelmsford
Educational Fund. I found both
bursaries by browsing the internet for
grants that I was eligible for.”

                Gemma Reynolds, PhD Psychology,
                            Swansea University
Universities are important
funding providers

•   Studentships, scholarships, bursaries, prizes
•   Graduate teaching and research assistantships
•   Access to Learning Fund
•   Part-time campus work
•   Alumni discount, fee flexibility
“Scholarships are not always well
advertised and it is worth investigating
to see what information you can find. In
my case it was my supervisor on the
BSc course who made me aware of a
university scholarship that was
available only for students whose
research related to brewing science and
technology.”

                      Fay Williams, PhD Molecular Cell Biology,
                                      University of Birmingham
Professional and
Career Development Loans

• Run by Barclays and Co-operative Bank with the Young
  People’s Learning Agency
• You can borrow between £300 - £10,000
• Some courses cannot use a PCDL
• Repayment begins one month after graduation
• APRs are very high
“Overall, I feel that the loan is like
a strategic play that allows you to
get back to university before the
window closes and you are back in
the world of work for good –
although in taking one you could
be signing up to a couple of years
of work that bears no relation
to the course you’ve studied.”

                     Rob Hurrell, MA Sociological Research,
                                     University of Sheffield
Most postgraduates have to work

How is this possible?

Flexible study modes:

• part time
• distance learning
• online learning modules


And a lot of hard work
                                 Childminder
Event security
                                 Lifeguard
               Belly dancer
Fruit-picker   Model      TV/film extra
  Market researcher             Receptionist

       Lab technician
Teaching assistant        Freelance journalist
KARATE INSTRUCTOR               Waiter
               Sales Executive
      Planning Officer    Shop Worker
Programmer            FUNDRAISER Cleaner
“The night shifts are paid at time
and a half, are twelve hours long and
there’s often not much to do except
read – great for catching up on
study.”
                            Nursing assistant


“I got on an agency’s books. If I had
a lot of work on, I said No, if I needed
the money I said Yes.”
                                      TV extra
“I’m doing a Masters via distance
learning, whilst looking after my two
children and other people’s as a
childminder to fund my course fees.”
                                  Childminder


“I’ve worked in concert security,
worked evenings in my local video
store, worked as relief staff at my
local sports centre, and as a lab
technician for the university.”
                                    All-rounder
“I took up a postgraduate course so I
could specialise in my career. I am
lucky that my employers agreed to
fund the course, which is an obvious
advantage to me, but in return they
will reap the rewards of my acquired
skills and knowledge, resulting in a
more strategic and experienced
employee.”

       Marianne Pagett, part-time Masters in Human
       Resource Management, University of Sheffield
Portfolio funding

 Most PG students put together a funding
 package drawn from a variety of sources
More transferable skills

•   tenacity
•   imagination
•   commitment
•   perseverance
•   ingenuity
•   creativity


Sorting out your finances may be the most demanding
              part of your PG experience
“You have to be
realistic when taking
on postgraduate study.
If you really want it,
you’ll work for it.”

     Postgraduate student at UCLAN
              Talk to people


•   Current and former postgraduate students
•   Course leaders
•   Finance office
•   Make use of social media
ALWAYS ASK THE

 MONEY
QUESTION

								
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