
Postgraduate Loan
A Postgraduate Loan is a financial support provided by the government to help students cover the costs of further education after completing an undergraduate degree. It typically covers tuition fees and living expenses, and must be repaid gradually once the borrower’s income exceeds a certain threshold. The repayment amount is linked to earnings, making it more manageable for graduates to fund advanced studies without upfront costs. This loan aims to make postgraduate education more accessible, encouraging continued professional development.