The UK is home to some of the most historic universities. Such as the University of Cambridge and the University of Oxford. It is a world leader in many areas of education. Such as engineering, science, art, and design. Its reputation and legacy as a world center for scientific research, attract some of the best thinkers from around the world.
But besides the perks, studying in the UK can be an expensive affair. However, a well-planned budget can help you manage your expenses effectively. It is not easy to determine the exact cost of living in the UK, but we can arrive at an estimated living cost.
|Cost of studying in UK||Cost in INR|
|Tuition fees||₹7,10,000 to ₹27,00,000|
|Tier 4 visa||₹13,30,00 per month (as proof of sufficient funds)|
|Accommodation||₹31,000 to ₹49,000|
Your expense on tuition fees depends on the type of education qualification and the institute or the school you opt for. It also depends on the location of the university. As cities like London and Dublin tend to have higher tuition fees than the other cities.
Tuition fees increase with the increase in the standards of your education. For example, Courses in Science and business fields are costlier than courses in arts.
|S.no.||Study program||Average fees (in INR)|
|1||Undergraduate bachelor program||₹10,00,000 to ₹20,00,000|
|2||Post graduate masters program||₹10,00,000 to ₹20,00,000|
|3||Doctoral program||₹15,00,000 to ₹24,00,000|
Many UK universities provide on-campus residence for international students. It is known as the Halls of residence to international students. Living on campus is very affordable. However, the process of applying for on-campus accommodation is different from the admission process. One must apply ahead of time to secure a slot for on-campus residence.
If you can’t find such accommodation, you will have to look for a room for rent. Usually, students get the lead for nearby accommodation from the university accommodation officials.
If you decide to rent an apartment, you will have to pay additionally for your utilities. It includes electricity, water usage, and tenet insurance. House rent for a one-bedroom apartment in the UK Varies from ₹30000 to ₹65000.
Another expense is the student visa cost. An Indian student needs a Tier 4 visa to study in the UK. To get a visa, a student must either pay the fees of the first academic year in advance or must submit evidence to prove that he/she possesses sufficient funds to cover their first-year tuition fees. You must also submit the documents proving that you have sufficient funds to support your 9 monthly stays in the UK. You need to submit evidence proving that you can adequately pay ₹1,33,000 if living outside London and ₹1,70,000 per month if living in London
Subways are the cheapest means of transport when living in London. When traveling inside the city, It is best to travel via tube trains or busses. If you need to travel regularly, it is best to get a monthly pass made for tube trains or buses.
If you wish to travel a long distance regularly, the commuter railway is the most common choice. An intercity bus or air transport are other viable options.
Other expenses include living costs, insurance, and taxes. Living expenses include utility bills, food expenses, Phone bills, clothes, shoes, etc. Overall it is safe to estimate that all other miscellaneous expenses will cost you around ₹1,20,000 per month. All these expenses will give you an estimated living cost. These expenses must be kept in mind while creating a budget.