The UK is one of the nations where the cost of living is high. Therefore, you can undoubtedly say that it can be costly for students who want to access education from here. If you are one of those who are planning to study from one of the premium universities of the UK, you need to examine the cost before you proceed with our studies.
Your tuition fee depends upon the type of institution that you study in. There are certainly high ranking universities and colleges with medium to expensive fee formation in the UK. Moreover, it depends where you study (Depending upon the customs for England, Scotland, Northern Ireland and Wales), and your education level.
For students going for an undergraduate course, the fee ranges within £10,000 and £ 18,000 a year, depending on the program you select and the university you plan to go for. For all the postgraduate studies, tuition fee varies depending upon the course provider.
In the UK, you should have a legitimate study permit and the charge may cost as per the government allotment (approx. £322) You can visit the official website for updated fee structure depending upon the application.
Most of the universities allow on-campus residence also known as Halls of Residence or hostels basically for international students. One can also live as a tenant on-campus at very affordable pay. However, it is recommended to go for an independent booking well advanced in time to ensure you get the accommodation. However, if you fail to do so, you may also go for room rent, find a local host or even a homestay. The charge may depend from city to city.
Most of the students prefer to rent an apartment. In that case, students need to pay for other utility charges such as the internet, water usage, electricity and also security deposit. House rent for a single bedroom residence ranges from £550 and £650 (approx). But there is nothing to worry as universities offer help when organizing accommodation be it on-campus as well as off-campus.
Cost of living can be expensive if students do not properly plan their spending. However, you need to plan your budget accordingly. You should also focus on keeping track of all your expenses. This will help you maintain your budget. Considering all the expenses, a single student may spend up to £5,500 to £8,000 per year.
All the students need to have medical insurance before the start of the course. Nevertheless, several universities offer general health insurance policies for international students. It is valid as long as your course continues and ends after the completion.
Still, specific institutions may not offer any insurance policies so students need to go for private medical insurance. The average cost of medical insurance is estimated to be £150 annually.
Public transportation is the most economical way and is accessible in cities and towns all over the UK. You can also avail train service, buses and tubes. Additionally, your institution may also offer monthly permits for travelling at a cheap rate. You should also find whether your university runs shuttle service between your place and the campus. However, if you plan to go for private transportation service, you need to accommodate car and fuel bills along with other necessary maintenance fees.
The exchange rate fluctuates so this may also affect your budget. You should take a part-time job while you are in the UK. You should also seek a scholarship, this will significantly reduce the expense when studying.