Postgraduate students in Northern Ireland will gain access to higher tuition fee loans starting in the 2026/27 academic year. Economy Minister Dr Caoimhe Archibald announced the change, which raises the current maximum loan of £6,500 to £10,000.

The 54% increase follows a public consultation. It seeks to cover more of the tuition costs for eligible students from the region.

Dr Archibald stated her department faces financial pressures but prioritizes affordable education. She noted that student fees remain at half the level in Britain. The department previously raised student maintenance loans by 20%.

The minister said the loan increase will allow more students to pursue postgraduate study. She highlighted the need for higher-level skills to boost economic growth and productivity.

Ben Friel, President of NUS-USI, welcomed the announcement. He said it aids students pursuing professions that require postgraduate degrees amid financial challenges from undergraduate studies.

Friel added that finance should not block ambitious students from advancing their education. He called for support with living costs during study.

He expressed interest in engaging with the department on the upcoming Higher Education Funding Review to secure necessary student support.