Studying in the UK is generally cheaper than studying at equally ranked universities in the United States. Given that degree programs are also often shorter than those at home, students are poised to get the best bang for their buck by pursuing a British education.
Tuition Fees for UK Students:
UK tuition fees are frequently a source of controversy, with prices having risen to eye-watering levels for home students (UK/EU) inrecent years. Now, UK and EU students at English universities are required to pay up to £9,250 (~US$13,050) per year
Tuition Fees for International Students:
International undergraduate tuition fees vary considerably,starting at around £10,000 (~US$14,130) and going up to£38,000 (~US$53,700) or more for medical degrees. At all levels,humanities and social sciences degrees tend to cost the least,while laboratory and clinical degree programs are markedly more expensive. Average tuition fees for Master’s degrees in England range from 5,000 to over 30,000 GBP per year, butcosts can get considerably higher depending on the institution and the program you plan to attend. Fees for disciplines such as Business, Engineering, or Computer Science can be considerably higher compared to fees for disciplines like Education, Journalism or Humanities.
Most students live in university halls of residence in their first year before moving into rented private accommodation in their following years. Many universities offer both self-catered and catered halls of residence, with food included in the price of rent for the latter. The biggest differencing the cost of living in London compared to the rest of the UK is in rent, with University College London (UCL) estimating accommodation expenses of £8,073 (~US$11,400) per academic year (nine months/39 weeks). However, you may be able to find more affordable accommodation in university halls or a flat share. The results of Save the Student’s National Student Accommodation Survey 2017 found that students spend an average of £125 (~US$175) per week on rent in the UK – with a huge regional variation: students in Northern Ireland spent only£91 (~US$129) a week, which is exactly half the amount spent by those in London (£182/US$257). Unless bills are included, you’ll probably spend a further £70 per month (~US$100) on bills for utilities and the internet.
Other Student Expenses:
When it comes to the costs of books, travel, entertainment, necessities, and the other needs and wants of students, this largely depends on each student’s lifestyle and goals while abroad. Usually, the amount required by the Home Office -$16,000 to $20,000 in living expenses per year, depending on the exchange rate at the time of study – is totally sufficient to ensure each student has a safe and comfortable place to live, has plenty to eat, plenty to spend, and plenty to save in case of emergencies. And hey, this is also a great opportunity to learn how to live on a budget. Can you say “adulting”?