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How much does it cost to live and study in the UK?

How much does it cost to study and live in the UK?

 

We've calculated all the costs, including education fees for international students and living expenses in the UK

Last updated: October 2018  

Getting a world-class education and a degree from one of the oldest universities in England is a dream for many. How much does it actually cost to make the dream come true?

 
How much do studies at a UK university cost?

First of all, you will need to estimate the amount you are going to spend on tuition fees themselves. Those can vary significantly, depending on the university you go to and the subject of your interest. Here are the average costs of study per year. Bear in mind that bachelor’s courses are usually three years long, and most master’s programmes last for 12 months.

  • Average tuition fees at university £13,000 - £16,000 per year.
  • Tuition fees at top universities £16,000 - £22,000 per year.
  • Tuition fees at affordable universities £11,000 - £13,000 per year.
  • If you are planning to study for a laboratory or a clinical degree, however, the costs of your education will be significantly higher: Clinical courses: £24,000 - £30,000 average but can be up to £34,800 at top universities per year.
  • MBA: £7,000 - £40,000 per year.

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What is the price of accommodation in the UK?

Students have several options where to live: they can rent a room in a student hall of residence, a room in a shared house (flatshare) or a flat. Prices for London accommodation are significantly higher than those in the rest of the country.

London, per month   Outside London, per month
Studio £900 – 1200 £500-700
Room in a hall of residence £900–1100 £600 – 800
Flat share £600-800 £450-650
 
How much will your monthly expenditures be?

You can expect to spend not less than £500 per month in London and £400 outside of London on your living expenses such as food, clothing, transport costs and bills. This amount doesn’t include student nights out!

How much money do I need to get a UK student visa in 2018-2019?

To obtain a visa you need to show a set amount of money available to you on a bank account.

First, you are required to have sufficient maintenance funds. If your course lasts more than 9 months, you need to show £11,385 to study in London and £9,135 for universities outside of London.

Second, you need to pay the first year tuition fees to your university in full. If you only pay a deposit, the remaining tuition fees for the first year must be shown on your bank account on top of the maintenance funds.

If your course of education is less than 6 months long or you are coming to study English, the financial requirements will differ.

 
How much do I need to have in total?

Costs of education in the UK vary significantly depending on the education institution and the comfort of living you would like to have. Here are two examples of total costs for two different students:

Student 1 studies in Central London and rents a studio flat with his own kitchen and bathroom. His total costs are £35,000 per year.

Student 2 prefers a more budget option and tries to save some money. He studies in a nice town in England, lives in a flat share where he shares kitchen and bathroom with two flatmates. His total costs are £25,000 per year.

In addition to the information about the prices that we have given you, don’t forget to take into consideration that there are mechanisms in place that will help you to get some of the money back. Most students in the UK work part time and your visa will give you such opportunity. Depending on the country you come from you might also be entitled to a student loan. To find out more please read our article on student loans.

Should you have any questions, please do contact our consultants in London who are always happy to help you.

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