With constant changes in the economy, fees and visa rules the terrain of the cost of studying in UK has changed during the past year. The immigration health surcharge was increased in 2023 and minor changes in fees and UK accommodation costs are inevitable.
Therefore it is high time to create a fresh budget idea for studying in UK. You can also compare if it has indeed been extremely extended or if it is just a monetary change that follows every few years of development around the world.
We have analysed the cost of studying in UK based on factors such as tuition fees, visa and other charges. These costs have been updated based on the data derived from official websites for international students in the UK.
Though this is highly dependent on the type of university and the course that you are going to pursue, you can still form a basic idea of what university fees in the UK are like. Based on the latest data, the average tuition fees for undergraduate students fall between £11,400 – £38,000.
This takes us to a gross average of £22,200 per year of tuition fees. As in most areas like England, Wales and Northern Ireland the course duration is around 3 years, you can estimate a total budget. However, if you are in Scotland the UG degree is for four years.
The average postgraduate tuition fee is between £9,000 – £30,000. This boils down to £17,109 per year as an absolute average. The best thing is that the postgraduate courses in UK are mostly one year in duration.
Visa & Immigration
The UK student visa which is applicable for both UG and PG courses has a tuition fee of £490. This visa will allow you to live, study and work part-time or intern in the UK for the duration of your studies.
Students also pay the immigration health surcharge (IHS) on student visas. The cost of the IHS for a student visa is £470 per year. IHS is only applicable for the above 6 months of stay in the UK.
However, if you are applying for less than 6 months of visa from within the UK you will be charged a half-year fee of £235 as IHS.
Cost of Living as a Student
The cost of living in London as an international student is around £1300-£1400 per month. For the rest of UK, the average cost of living will be somewhere between £900-£1300 per month. This also depends on your expenditure and the type of accommodation chosen by you.
Based on all this information you can calculate your budget and plan your journey to study in UK effectively. If you want to read more such exciting information, make sure you follow Leverage Edu News Updates.