How to conveniently transfer money for studying abroad in the United Kingdom? How much does it cost to study abroad? The list of self-funded study abroad in the United Kingdom tells you the answer!

author
Neve
2024-10-09 15:32:51

The United Kingdom has always been one of the popular destinations for studying abroad. For those who want to study in the United Kingdom, the cost is also an aspect that everyone pays attention to, after all, it is also a considerable expense. Also, how to safely remit money to the United Kingdom needs attention. Today, we bring you a list of self-funded study abroad in the United Kingdom, which helps you grasp the budget for different stages of studying in the United Kingdom.

How to transfer money conveniently

Traditional bank telegraphic transfer is a highly recognized remittance method, which generally takes 1-3 working days to arrive and has relatively high fees.

Here we introduce a more convenient and favorable remittance tool, BiyaPay. It supports real-time exchange rate inquiry and exchange of more than 20 legal currencies and more than 200 digital currencies. It can be withdrawn to your United Kingdom bank account and effectively solves the problem of remittance restrictions. It also has the following advantages:

  • Remittance fees as low as 0.5%, low fees
  • Integrated with local transfer methods in most regions, it can achieve zero cost in the intermediate process of bank remittance.
  • It can achieve instant payment and provide efficient service.

United Kingdom High School Study Abroad

Tuition fees

  • Public high school: about 1.6-2 0 pounds/year
  • Private high school: about 3.2-4 8,000 pounds/year

Guardianship and visa fees

Students under the age of 16 must have a guardian in the United Kingdom.

Cost composition:

  • Registration fee: 150-200 pounds
  • Annual guardianship service fee: 800-2000 pounds
  • International student visa fee: £343

Living expenses

The cost of living for studying abroad varies greatly due to personal and regional circumstances. Generally speaking, the cost of living for 12 months of studying abroad for one year is about 8000 pounds. The following are the living expenses for studying abroad in several regions of the United Kingdom.

  • Scotland and England: £6,000-10,000/year
  • London area: £8,000-13,000/year
  • Wales and Northern Ireland: £5,000-8,000/year

Accommodation fee

Renting a house for high school students in the United Kingdom is the largest expense item besides tuition fees. Most students live in the student dormitories provided by the school, while some colleagues choose to live with host families.

  • Boarding: £70-270/week
  • Homestay: £140-280/week

Undergraduate study in the United Kingdom

Tuition fees

Undergraduate studies generally require three years of study, and the specific differences are influenced by the school and major. Generally speaking, the tuition fees for science and engineering majors are higher than those for liberal arts majors.

The tuition fee in the London area is about 1-1.2 million pounds per year, and the consumption in medium-sized cities outside London is about 0.8-1 million pounds per year.

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Living expenses

The prices in the United Kingdom are also not low. The main living expenses for studying in the United Kingdom for a year include clothing, food, housing, transportation, medical insurance, and personal expenses.

  • In London, Oxford, and Cambridge: around £7,800
  • England, Wales, Scotland, and Northern Ireland outside of London: £5400-7000

Accommodation fee

Accommodation mainly involves three ways: the first is on-campus dormitories, the second is off-campus renting, and the third is homestay.

Whether in London or outside of London, the cost of on-campus dormitories will be more expensive than renting off-campus, usually with a difference of at least tens of pounds. For example, at the University of Warwick, the cost of on-campus dormitories is £132/week, but the cost of renting off-campus is £340/month.

Master’s degree study abroad

Tuition fees

Lectures

This type of master’s degree study is a familiar pattern to us. The one-year study is divided into two parts: the module arrangement of the course requires everyone to attend lectures and take exams; the arrangement of research or experiments requires everyone to participate in experiments and then write papers, which can obtain degrees such as MA, MSc, LLM, and Med.

Science and engineering majors have the cheapest learning expenses, generally concentrated between 9,000-15,000 pounds; grammar majors require preparation of 9,000-13,000 pounds; the most expensive majors are business majors, averaging 12,000-15,000 pounds.

Research style

This type of master’s degree basically does not arrange course teaching. After enrollment, one needs to join research work. The assessment content is papers and reports, and everyone needs to produce results. The degrees awarded are MRes and MPhil.

The fees charged will be relatively fixed, there is no big difference in professional, generally one year tuition fees are concentrated between 1-1.5 million pounds.

Living expenses

London area

Prices in the capital are much higher than in other cities, and more than half of the students who go to study in the UK every year target schools in London, so everyone needs to understand it separately. Accommodation fees are charged on a weekly basis, costing around 100 pounds per week; dining expenses also cost around 300 pounds per month; travel arrangements are also necessary, with a monthly pass available for around 50 pounds per month; and other shopping budgets are estimated to cost around 200 pounds per month.

Other regions

Outside of London, prices are generally at the European average standard. Renting a house by oneself is calculated weekly, ranging from 50 to 80 pounds. Three meals a day need to be arranged by oneself, with a budget of around 200 pounds. Other budgets are around 150 pounds.

Summary

The above is an overview of the relevant fees for studying abroad in the United Kingdom, providing a rough understanding. For specific fee standards, you can go to the target university to check the latest information to ensure the accuracy of the information.

Finally, I wish everyone a smooth study abroad journey in the United Kingdom!

*This article is provided for general information purposes and does not constitute legal, tax or other professional advice from BiyaPay or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or warranties, express or implied, as to the accuracy, completeness or timeliness of the contents of this publication.

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