Wales 60+ Bursary

If you live in Wales, are aged 60 or over and intend to study towards a masters degree, you could be eligible for non-repayable funding to help with your study or living costs.

What can I get?

If you’re eligible, you could get up to £4,000 paid directly to you over the duration of your studies – either two or three years. It’s non-repayable, meaning you’ll never need to pay it back.

Eligibility criteria

Note that this bursary is being offered for the last time in 2023/24 and will not be available for masters qualifications starting from 1 September 2024.

To be eligible, you’ll need to meet all the following criteria:

  • aged 60 or over on the first day of the seasonal academic year when your masters degree begins
  • ordinarily resident in Wales
  • eligible to pay the Welsh fee
  • studying a new masters degree starting in the 2023/24 academic year, which can be completed in no more than three years
  • have no credit transfer or prior study that counts towards your masters
  • not already hold a masters degree, or equivalent or higher level qualification.

How do the payments work?

You’ll be paid in instalments over two or three years, depending on how long your masters takes to complete. Payments are made directly to you, so they’ll only start once you’re actively studying.

The example below shows the instalments for a three-year masters starting in October. Alternative payment structures will apply to qualifications with different start dates and durations.

Year October January April Total
1 £440 £440 £440 £1,320
2 £440 £440 £440 £1,320
3 £440 £440 £480 £1,360
        £4,000

How do I apply for a 60+ bursary?

You’ll need to read the bursary terms and conditions in full before completing the bursary application form.

In the application form, be sure to show how you meet the eligibility criteria. It can then be submitted by post or email to our Student Fees team. Contact details can be found on the application form.

Applications must be submitted no later than nine months after the first day of the seasonal academic year in which your masters degree begins.

 

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Depending on the postgraduate qualification you’re looking to study, you may be eligible for some additional funding.

If you study towards an eligible Science, Technology, Engineering, Mathematics, or Medicine (STEMM) masters, you might also qualify for an additional £2,000 to help with study or living costs.

Find out more about the Wales STEMM bursary.