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Cost of studying |
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The cost of studying in the UK depends on the tuition fees and the living expenses of the city you are studying in.
The annual tuition fee will be around £7,500 - £10,000 for a postgraduate course (lower for undergraduate courses and a little higher for MBA courses).
Most universities offer international students a 5-10% discount on full payment of the tuition fee before the beginning of the courses. The fees can also be paid in 3-5 installments.
The estimated cost for one-year post graduation course would range between (Great Britain Pounds) GBP 12000-15000, which is Rs. 10-13 lakhs.
Undergraduate courses, depending on the duration, will be correspondingly higher.
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The estimated living expenses per annum will be about, £7,000
- £7,300 in London and £5500-£6,000 outside London.
This includes the cost of accommodation, heating, lighting, food, clothing, books and daily travel for one person for one year.
There are many special concessions offered to students at many local shops, theaters, cinemas, museums and galleries; and on buses and trains.
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The preferred way to fund studies abroad is of course, bank loans.
Most public sector and private banks provide education loans to students for pursuing higher professional or technical programmes abroad.
The sanctioned loan can be used to cover university fees, purchase of books, equipment, travel and living expenses and purchase of computers.
Other essentials like study tours and project work are often covered by the loan amount.
The initial documentation required to obtain a bank loan includes:
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Proof of admission
- Conditional / Unconditional offer letter from the university |
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Schedule of tuition fees, living and accommodation expenses.
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We strongly advise the candidate to consult different local banks in their hometown for education loans and choose the best option available.
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Though Britain has joined the European Union, their currency is the Pound Sterling (£).It is divided into one hundred pence (100p). The coinage issued is the 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. Paper notes are issued in £5, £10, £20 and £50.
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Opening a bank account |
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| How much money to carry |
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Prices may vary in UK in contrast to those in your own country. Here are some examples to help you with your finances: |
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Proof of admission
- Conditional / Unconditional offer letter from the university |
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Schedule of tuition fees, living and accommodation expenses.
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Local transport approximately £12 per week. |
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Taxis are more expensive than using the bus. Ask the driver first how much a journey to your destination will cost. |
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A visit to the Cinema costs £5.00. |
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Restaurants you can eat for as little as £5.00 but on average £15.00. |
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Cigarettes £3.00-£4.00 for 20 (cheaper in supermarkets). |
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Beer/lager £1.50-£2.90 per pint. |
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Discos costs about £5.00 admission. |
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We strongly advise the candidate to consult different local banks in their hometown for education loans and choose the best option available.
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Obtaining British currency |
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We recommend that you have at least £200 in British currency with you when you travel. If you have not obtained British currency before leaving home, you should do so on arrival in the UK. There are banks and currency exchange desks at all airports. Remember, you will need to pay your driver approximately £50 upon arrival at your destination. |
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SUCCESS STORIES |
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Education Matters really is a fantastic consultancy for educational services to the UK. I applied to UK universities through them. I was extremely happy and satisfied with their service and their approach to help me get me admissions to the universities of my interest. They gave me the best advice and helped me with my visa processing as well. |
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Siva Prashanth |
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