You’ll need to develop a head for figures if you’re thinking of studying in London. Costs to consider include accommodation and living costs, and visa and tuition fees. Here’s our quick guide to breaking down what you need to know.
In order to study in London, the UK Border Agency (UKBA) requires you to have a minimum budget of £1,000 per month – this is in addition to your tuition fees. Here are some other costs to consider:
Tier 4 General UK student visas vary in cost, depending on whether you’re applying from:
- Inside the UK by post: £394
- Outside the UK: £289
Please note: these prices were correct on 6 April 2012, and may change – please check the full UKBA guidelines before you apply.
University Tuition Fees
Tuition fees vary quite a lot depending on the course you study, the university you choose, and whether you’re an EU or overseas student. The average London university tuition fee is £11,000 – but they can be as little as £8,000.
Most international students from outside the EU need to pay “overseas” tuition fees. The average undergraduate and postgraduate tuition fees for students from outside the EU are £11,000. Contact your chosen universities for more detailed information.
If you have trouble paying your university fees, you may qualify for:
Financial support will be listed on each university website.
International students have many living options open to them in London – you could stay in a university-funded hall of residence, share with other students to cut costs, or stay in a family home. You could also arrange a private tenancy, but you may need to pay Council Tax.
Costs vary depending on your location and choice of house. Average student rents in London are approximately £150 per week but you can often find cheaper accommodation. More on London student accommodation.
How much you need will depend on your lifestyle. You should budget for £100 per week to cover your living costs, but this depends on how much you socialise.
However, there are lots of ways to save money – including enjoying free events, signing up for discounted travel and student discounts. You may also be able to work while studying in London for additional cash.
Tip: Add up your total costs using the international student calculator.
Adding up the cost may seem daunting, but isn’t difficult once you know what you’re doing. Plus all the effort will be worth it once you’re living in the world’s most culturally diverse city, and gaining an internationally respected qualification.