The question that students all over the world most commonly ask is – how much finance is necessary to study in the UK. Now, there cannot be a single answer to it since it depends on a lot of variables.
Yet, you can get an approximate idea when you know about certain expenditures which are important and you can’t skip. These include areas of tuition fee, accommodation, visa fee to name a few.
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Tuition Fee Covers the Majority of Fund
The type of certification you choose and the institution or school you attend will determine how much you have to pay in tuition. In the UK, there are numerous prestigious institutions and colleges, each with its unique cost schedule. In addition, the cost is determined by your study level and the region of the UK in which you want to study (there are various regulations in England, Scotland, Northern Ireland, and Wales).
Here is a table to give you an estimated idea –
|Study Program||Average fee (in Euros)|
|Undergraduate bachelor degree||GBP 10,000 to GBP 20,000 per year|
|Postgraduate master’s degree||GBP 10,000 to GBP 20,000 per year|
|Doctoral degree||GBP 15,000 to GBP 24,000 per year|
So, it is best to apply to the many scholarships available to you if you wish to lower your educational fees.
Costs of Accommodation
International students can live on campus in residence halls called Halls of Residence at the majority of UK universities. These can be fully boarded or self-catered. Additionally, several colleges provide their students self-catered shared housing or apartments. Residing on campus is a very cost-effective choice. To reserve a spot for yourself, you must apply for it individually and well in advance.
If you are unable to locate such lodging, you may need to search for local hosts, homestays, or rented rooms. The housing office at your university might also be able to assist you in this situation, as they frequently maintain a list of lodging choices in the neighbourhood.
Your checklist when looking for a place:
- Rent book
- Bill payment
- Tenancy agreement
- Council tax
- House rules
The price will differ depending on the city. In addition to paying for utilities like electricity, internet, water use, and, in certain cases, renter’s insurance, renting an apartment will also require you to pay for tenant insurance. The typical range of house rent for a flat with one bedroom is £550 to £650 (Indicative).
Now, you must note that all UK residents over the age of 18 are obligated to pay for neighbourhood services like trash collection, law enforcement, fire department, and recreational programmes. So, if you will be living somewhere other than on campus housing, sharing a home with a family, or living with another full-time student, you will need to pay council tax as well.
Hence, prior to moving, request a tenancy agreement, and never sign a paper without carefully reading it. Most of the time, academic institutions assist students in locating housing—both on and off campus.
Expenses of Applying for a Visa
Before applying student visa for UK, you have to crack few English proficiency test. AbroAdvice.com IELTS coaching is the best option to get good marks in IELTS exam. The Students who intend to study in the UK must get the most important document – the student visa.
Now, the application fee for a Tier 4 (General) student visa is roughly 365.81 Pound. So, if you are from India, the fee will be ₹37000. In addition, in order to use the National Health Service (NHS), you may have to pay the Immigration Health Surcharge (IHS).
Furthermore, a precise application process and a number of standards must be met in order to obtain a student visa for study in the UK.
- Confirmation of Acceptance for Studies (CAS)
- Budgetary Requirements
- Assessments of English language proficiency, including the TOEFL and IELTS.
- Application Form for Visa with Health Care Surcharge (IHS)
Visa for graduates
International students can stay in the UK and find employment after graduation with a variety of immigration options.
The Graduate visa is a relatively new and well-liked option that allows you to remain in the UK for two years after passing a UK course. Graduates who intend to apply must be residents of the UK.
In addition to the £822 application fee, you will also be required to pay the £624 Immigration Health Surcharge for each year that you reside in the UK.
Costs of transportation
Do you know, you can have access to a variety of public transport options for your daily commute, and the majority of them provide discounts to young people in general or students in particular. While these savings may differ from place to place or city to city, the following are some examples:
- Full-time students who purchase a Young Persons Card, which typically costs 30 GBP, will receive a 30% discount.
- London’s tube (metro/subway) offers +18-year-old students who purchase an Oyster Student Card a 30% discount.
- One-way tickets cost between 1.50 and 2.50 GBP.
Some Other Expenses –
Should you want to study in the UK for a duration longer than six months, you will need to account for extra expenses.
£490 for your UK student visa, which is a one-time fee that will let you live and study in the UK for the duration of your degree. Please be aware that there will be an additional fee if you request the priority or super priority service.
After deducting the 25% fee for holders of student visas, the annual Immigration Health Surcharge of £470 will grant you access to the National Health Service of the UK.
Although studying in the UK can be expensive, there are several advantages. The UK is a desirable location for those wishing to broaden their horizons because of its esteemed universities and bright employment opportunities.
Your ambition of studying in the UK can become successful, when you carefully plan the expense and budgeting. That’s why save yourself from all such finance worries, and hop into scholarship opportunity research, and stay updated on the UK market for other price variations.