It is usually easier to study in the UK than to study at similarly ranked universities in the United States. Given that degree programs are generally shorter than those at home, students are prepared to get the best fit for their buck by seeking a British education. This guide gives you an idea of the total cost of studying in the UK as an international student.
Tuition fees usually vary from $17,000-$ 25,000 for UK undergraduate and graduate degrees (depends on the exchange rate at the time of the study). Students need between $1,300-$1,600 on average for living costs per month, of course (depending on whether you want to live inside or outside London). Education will cost money, almost with no exceptions. Let’s dive in to know more about the study costs in the UK.
Accommodation
International students who apply by the accommodation deadline are guaranteed on-campus accommodation for the first year of study. This promise extends to all of the partner universities of Across the Pond. In general, university halls of residence cost anywhere from $85-$220 per week. This price might include any or more of the following, depending on the university: an internet connection, gym membership, content insurance, one’s private bathroom, and sometimes even a cleaning service! When calculating the cost to study in the UK, don’t forget to double-check all the prices listed when you look for university housing.
Private sector accommodation, or city housing, depending on the type of accommodation you choose and the region in which it is situated, can differ in price and quality. Notice that the rental expense does not usually include the internet or any of the advantages mentioned above offered in university accommodation.
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Student Expenses
This mainly depends on each student’s lifestyle and priorities while abroad when it comes to the costs of books, transport, entertainment, essentials, and the other needs and wants of students. Usually, depending on the exchange rate at the time of the study, the amount needed by the Home Office-$ 16,000 to $20,000 in living expenses per year-is adequate to ensure that each student has a safe and cozy place to live, has plenty to eat, plenty to consume, and plenty to save in case of contingencies. And hey, this is a perfect chance to learn the cost to study in the UK and understand how to survive on a budget, as well.
Tuition fee
When it comes to estimating the average study costs in the UK, an undergraduate bachelor’s degree will cost around GBP 10,000 to GBP 20,000 per year. Whereas a Postgraduate master’s degree will be around GBP 10,000 to GBP 20,000 per year, and the Doctoral degree will be for GBP 15,000 to GBP 24,000 per year.
Your Student Visa Cost
Do keep in mind that your visa is an essential part of calculating your UK study costs. The fundamental step to studying in the United Kingdom is obtaining a valid study visa, which comes with its costs (approx. £348).
Living Expenses
For your food shopping, social events, and emergencies, you need to keep a bit of money aside. It is simpler to keep track of your spending while living as a student in a foreign country so that you do not overspend.
- Bills (electric/ gas/ water): £40 – £50
- Food and housekeeping: £160 – £200
- TV license (mandatory with TV or watching BBC online): £12.56 (or £150.50 per year)
- Mobile phone: £15 – £50
- Clothes and shoes: £25
- Leisure & sports (calculated on membership for the students’ sports centre): £10 – £20
- Books & stationery: £21
- Socialising: £120
- Travel & transport (On the basis of the monthly cost of a student bus pass): £32
- Childcare (if needed): £656
Taxes
During academic sessions and full-time during holidays, Indian students in the UK must work 20 hours per week. If you have a job while studying in the United Kingdom, you will also have to pay tax and domestic insurance:
- Income tax: If you receive an average of over £1,042 per month, this will be your allowance.
- National insurance: If you make more than £166 a week, you can earn more than £166 a week.
By Pay As You Earn (PAYE), your employer typically deducts Income Tax and National Insurance from your salary.
Note that fluctuations in the exchange rate can also influence your budgeting. We also recommend that you look at a part-time job when studying in the UK or finding scholarships in the universities you apply to. This will significantly reduce your UK study costs.
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