- Tuesday, November 22, 2016
The UK is definitely not one of the cheapest countries to study in. According to FAIRFX’s release of Top 29 cheapest countries to study, UK ranks 25th with an annual average cost tallying up to £21,000 (₹18,61,917)!
However, when it comes to opting for a place to study abroad, the UK still remains one of the famous destinations for Indian students, currently holding over 10,125 students. The preference can be due to the fact that institutes in the UK rank among the best in the world and qualifications are recognised globally.
This brings us back to the question- 'how much does it really cost to study in the UK?’. Today, we will look at the study cost where we will also consider other additional costs apart from tuition fees and accommodation, i.e.
- Travel to the UK
- Day to day living expenses
- Travel and social life around the UK
- Health and insurance
Maintenance of Bank Balance
For international students, the UK Visa and Immigration (UKVI) will require you to prove that you have funds for:
- Course fees for one year
- £5,400 (₹4,78,778) to cover living costs for nine months. For inner London, it will be £7,200 (₹6,38,371)
Normally for Tier 4 student visa application, you will need to spend an approximate amount of £322 (₹28,549).
Approximate Cost of Tuition Fees at the UK Universities
According to Reddin Survey of University Tuition Fees 2016–17, the only comprehensive survey of university tuition fees across the UK, £9,700 (₹8,60,028) to £49,600 (₹4397672) is the average tuition fees for overseas undergraduate students range from.
For overseas postgraduate students, the tuition fees range from £8,925 (₹7,91,315) to £42,050 (₹37,28,269). So also, the cost of other full-time foundational courses for international students ranges from £7,000 (₹6,20,639) to £20,000 (₹17,73,255).
TIPS: While looking up tuition fees, always check what are the cost covered in the fees such as books, study materials, examinations, etc.
Annual Living Expenses
According to the UK's National Union of Students (NUS), the average living cost for an international student is £12,056 (₹10,68,918). Here is a look at the breakdown of the expenses. Students should also note that the expenses may increase or decrease based on their own lifestyle.
RENT: £4,989 (₹44,2,338)
FOOD: £1,954 (₹1,73,247)
HOUSEHOLD GOODS: £363 (₹32,184)
INSURANCE: £42 (₹3723)
PERSONAL ITEMS: £1,917 (₹1,69,966)
TRAVEL: £1,705 (₹1,51,170)
LEISURE: £1,190 (₹1,05,508)
Earning while Working
For students with financial strain or who would need extra cash, they can always opt for a part time job alongside their studies. An international student can work for up to 20 hours a week, i.e. the student can earn an average of £85 for a 13-hour week.
For assistance in getting a part-time job, you can reach out to the career centre of the respective university.
The list is far from comprehensive but hopefully, it will give you a good start while you plan your budget for your study in the UK. If you think the UK is where you want to be or you would like to know more about it, you can get in touch with one of our counsellors and get counselled for free.