Regarded as a home to some world-class institutions, modern pedagogy, different lifestyles (from urban metropolis to quiet old villages), impressive architectural structures, and culturally diverse cities – the UK is one of the most popular destinations for international students. In a line, the UK is where the old meets the modern in all life spheres.
With tuition fees reaching £10,000 and more easily a year, and living expenses, travel, and books costs are yet to be considered, we recommend that students budget carefully and make sure the benefits of studying in the UK are worth the costs.
Below is the approximate estimation of the tuition fees and living expenses to help you plan your finances.
Tuition fees for international students vary hugely primarily based on the level of the study program, courses, and university choice.
Following are the three things to take into account when pricing up your tuition fees:
- The higher the rank of a university is, the more costly education is going to be.
- Medical or science degrees would be considerably more expensive than lectures in the arts and humanities, as it requires costly equipment or access to laboratories.
- Since tuition fees are charged annually, how long does the course contribute significantly to deciding overall tuition fees. Undergraduate degree in the UK is three years, while it is of four years in the US. Likewise, most postgraduate degrees in the USA are of two years, while they typically go for a year in the UK.
The table below gives you a rough idea of what to expect in tuition fees while planning to study in the UK.
|Study Program||Approximate tuition fees in GBP||Approximate tuition fees in INR|
|Undergraduate programs||10,000 to 18,000 / Year||9,90,000 to 17,82,000 / Year|
|Postgraduate programs (medical and science research)||12,000 to 30,000 / Year||11,88,000 to 29,70,000 / Year|
|Postgraduate programs (MBA)||Starting from 20,000 / Year||Starting from 29,70,000 / Year|
Conversion Rate 1 GBP = 99 INR/- as of December 2020
Other than undergraduate and postgraduate courses, there are language courses also. No doubt, prices vary as per the choice of the institute but expect it to be around £70-100 a week for a standard 15 hours full-time course.
You need to demonstrate that you have sufficient money to cover your while studying in the UK to get the Tier 4 student visa required to live and study in the UK.
So, for example, if your course is nine months or more in London, you will need at least £11,385 (considering £1,265 per month for a decent lifestyle) in your bank account to get a visa. £1,265 per month in London covers house rent, bills, food, transportation, books.
Consider the visa application fee of £348 and an annual NHS fee of £150 for less than six months, or £300 a year if you stay for more than six months in the UK, while calculating whether the benefits of studying in the UK are worth the costs.