The United Kingdom has always been a top study destination. It attracts students because of its globally acclaimed universities, diverse range of programs, rich culture and the international recognition of its degrees. London, the capital and largest city of England and the UK, is a global financial and academic hub. It’s known to provide unparalleled experiences and opportunities to students from all over the world. According to a 2019 study conducted by iGraduate, “international graduates from UK universities go on to successful and satisfying careers, and the majority of them recognise that their UK degree is a vehicle for their success.” Pursuing studies in London offers unmatched benefits, but it requires a huge investment. For this, many aspiring students often wonder about the cost of studying in London.
In this article, we’ll answer the question, “How much does it cost to study in London?” We’ll go through the average cost of living in the city for students. Plus, we’ll look at expenses at both the undergraduate and postgraduate level, considering the different major categories they would typically need to spend on during their studies.
Breakdown of expenses
There isn’t a one-size-fits-all answer to how much the average cost of studying in the UK actually is. There are multiple elements to consider which will differ depending on many other factors. We’ll break down the student expenses one by one so we can zoom in on the things one ought to consider financially when pursuing their study abroad goals:
Tuition and Course Fees
Like anywhere else, the fees for courses in London would depend on the study level. For example, the student cost of living in London for someone taking a bachelor’s degree would be totally different from one taking a doctoral degree. In the same way, the course in itself also poses differences. The cost of studying an MBA in London may greatly vary from the cost of studying humanities or social sciences degrees, which tend to cost the least. But to give a broad range, international undergraduate tuition fees vary from £11,400 – £38,00. Meanwhile, international postgraduate tuition fees vary from £9,000 – £30,000.
Housing
For international students looking to study in London without any family or friends for shared housing, there are often two usual options. They can either opt for student dormitories or private accommodations. Living in student halls in London would cost around £848 with bills included. Meanwhile, renting out just a room within private housing can cost £750 without bills.
Living Costs
These would typically revolve around household bills, like water and electricity, food, and other means of day-to-day living in London. Household bills in total may cost around £140. Groceries cost around £155. Public transport goes for around £103 (there may be special discounted offers available for students). Mobile expenses cost about £18.
Leisure and social interactions
It’s impossible not to go out when living in a city as lively as London—even just once in a while. Allotting around £80-150 for socialising and enjoying is a good benchmark. That’s assuming that a meal in a restaurant would cost around £16. Plus, the average price for takeaway coffee is £2.69.
Is London expensive for international students?
While prices in London may be relatively higher compared to other cities, the wealth of experiences and opportunities that it offers to international students is undoubtedly invaluable. Regardless, students can make the most of their time in this vibrant locale without compromising their financial well-being with careful planning, budgeting and exploring cost-saving options. In the end, completing their studies will enable them to advance their professional standing and career, securing a brighter future ahead.
Global Study Partners is ready to help paint a clearer and broader picture of the cost of studying in London. That way, you can guide your students accordingly. Speak to our business development experts today!