Thinking of studying in London? In 2024, tuition rates for Indian students will range between INR 26 lakh and INR 68 lakh per year. Monthly living expenses are approximately INR 1.5 lakh. To keep costs under control, carefully plan your budget and pursue scholarships.
The United Kingdom is a popular choice among Indian students due to its top-tier education system and student experience. It is home to the world’s most prestigious and highly ranked universities, making it a popular choice for higher education. While the quality of education is excellent, the high expense of studying in the UK for Indian students is a major concern.
In this blog, we will look at the expense of studying in the UK for Indian students. This information will help you plan and manage your finances properly.
Why Choose The UK?
The United Kingdom is preferred for higher education because of its rich academic excellence and renowned institutions. UK universities are consistently ranked among the world’s top universities, ensuring that students receive a high-quality education.
These institutions promote critical thinking, creativity, and a global perspective while providing valuable skills and knowledge that are highly valued by top-tier employers worldwide.
The UK’s diverse and inclusive learning environment promotes success for students from all backgrounds.
What are the Reasons to Consider Studying in the UK in 2024?
- Academic Excellence.
- Quality Education.
- Shorter duration of courses.
- Work while you learn.
- Connected to major European countries like France, Netherlands, and Belgium etc.
- Access to free medical treatment while studying.
- Professional Opportunities.
Cost of Studying in UK for Indian Students: An Overview
The cost of studying at a UK university ranges between GBP 9,000 and GBP 38,000, depending on whether it is a public or private university, the level of study, and the location. As an international student, you will be required to pay a number of additional fees and charges while studying in the United Kingdom. This highlights the importance of carefully planning and managing your expenses.
Cost of Studying in UK Tuition Fees for Indian Students
Did you know that studying in the UK can be expensive, particularly for students from India? The annual cost of undergraduate programmes may vary from INR 8 to 30.5 lakh, while postgraduate programmes may cost INR 10 Lakh to 35.5 lakh. However, there is financial aid and scholarships available to help with these expenses, so don’t panic. Before deciding where to study, it’s important to consider not just the tuition fees but also the cost of living, which includes accommodation, food, and other expenses too.
UK Average Tuition Fee for Indian Students 2024
University Tuition Fees | ||
Universities | Avg UG Tuition Fee Annually | Avg PG Tuition Fee Annually |
London School Of Economics | INR 26 Lakh – INR 28.5 Lakh | INR 27.5 Lakh – INR 45 Lakh |
University College London | INR 30 Lakh – INR 35 Lakh | INR 20 Lakh – INR 53.5 Lakh |
University Of Bristol | INR 5 Lakh – INR 30 Lakh | INR 5 Lakh – INR 50 Lakh |
University Of Cambridge | INR 26 Lakh – INR 68 Lakh | INR 30 Lakh – INR 40 Lakh |
University Of Edinburgh | INR 26 Lakh – INR 35 Lakh | INR 4 Lakh – INR 41 Lakh |
Note: All of these figures are estimates. The costs of studying in the UK can vary depending on various aspects. Please consult our counselors for the latest information.
Cost of Living in UK For Indian Students 2024
The cost of living in the UK varies depending on various factors. Large cities, especially London, tend to be more expensive, whereas smaller towns and cities provide a more affordable lifestyle.
The average monthly cost of living in the UK is around INR 92,000 (approx) and includes costs of living such as accommodation, food, and transportation.
Cost of Living in UK: Accommodation
London, as an expensive city, has higher living costs than other UK regions. Other than England, there are many affordable places to live, including Cardiff in Wales, Glasgow or Edinburgh in Scotland, and Belfast in Northern Ireland. International students planning to study in the United Kingdom must keep track of their spending habits and account for all costs. In addition to tuition fees, everyday expenses such as rent, utilities, food, recreation activities, and transportation costs all contribute to the overall financial budget. Because of this, knowing what the approximate cost of living in the UK is will help you plan ahead and create a budget for a comfortable stay there. However, the cost of living in the UK can be significantly higher than in many other countries, depending on location and personal circumstances. Interested students can check the table below for monthly costs in Great Britain Pounds and Indian Rupees to help you estimate and manage your budget.
Monthly Expenses | ||
Particulars | Monthly Cost (GBP) | Monthly Cost (INR) |
Food | £ 100 – £ 200 | INR 10,000 – INR 20,000 |
Dinner at restaurant | £ 15 – £ 40 | INR 1,500 – INR 4,000 |
Stationery and textbooks | £ 20 – £ 40 | INR 2,000 – INR 4,000 |
Laundry | £ 25 – £ 30 | INR 2,500 – INR 3,000 |
Travel | £ 30 – £ 40 | INR 3,000 – INR 4,000 |
Internet | £ 40 – £ 60 | INR 4,000 – INR 6,000 |
Accommodation | £ 500 – £ 700 | INR 50,000 – INR 70,000 |
Gas and electricity | £ 60 – £ 90 | INR 6,000 – INR 9,000 |
Movie ticket | £ 10 – £ 20 | INR 1,000 – INR 2,000 |
Clothing | £ 50 – £ 75 | INR 5,000 – INR 7,500 |
Scholarships For Indian Students In the United Kingdom
Indian students can find a range of tuition fees at UK universities. For example, humanities and social sciences programmes tend to be less expensive, whereas courses such as medicine and engineering are frequently more expensive. Researching and comparing the costs of various universities and programmes is necessary.
Indian students may find the course fees and cost of living in the UK to be comparably expensive. Fortunately, there are multiple internal and external scholarships available for Indian students who are seeking higher education in the United Kingdom. If you are an Indian student planning to study in the UK, you can apply for a variety of government scholarship schemes. Listed below are some scholarships for Indian students to help them reduce and cut down their living expenses and the cost of studying in the United Kingdom:
- Commonwealth Shared Scholarships :This scholarship is financed/funded by the UK government, and is available to Indian students who are willing to pursue master’s or PhD degrees in various fields.
- Chevening Scholarships :The Chevening Scholarship is a renowned UK government scholarship program for Indian students who aspire to be future politicians and legislators.
- Inlaks Shivdasani Scholarships :The Inlaks Foundation offers scholarships to Indian students pursuing postgraduate studies at top universities in the USA, UK, and Europe etc
Want to learn more about scholarships in the UK
Average Salary in the UK
The United Kingdom provides various job possibilities for international graduates. Graduates can earn somewhere around INR 25- INR 30 Lakh (approx) per year in their first jobs. Salaries, however, can vary depending on area of expertise and region. Listed below is a table showing the top ten professions in the UK and their average wages.
Average Salaries in the UK | |
Jobs | Average Salary Per Year In The UK |
Architects | INR 70 – 75 Lakh |
Data Analyst | INR 40.5 – 43.5 Lakh |
Doctor | INR 60 – 70 Lakh |
Engineer | INR 30 – 45 Lakh |
Marketing Managers | INR 40 – 54 Lakh |
Nurses | INR 20 – 35 Lakh |
Pharmacists | INR 25 – 45 Lakh |
Pilot | INR 25 – 40 Lakh |
Software Developers | INR 29 – 57.5 Lakh |
Teachers | INR 20 – 40 Lakh |
Note: The salaries may vary depending on experience, region, and the particular job.
Budgeting Tips for Studying in the UK
Know Your Total Costs
- Find out and list the tuition fees for your programme.
- List other costs like rent, bills, food, and travel.
- Don’t forget extra costs like books and health insurance.
Monthly Spending
- Figure out how much you’ll spend each month on rent, utilities (like water and electricity), food, and travel.
Set up Saving Plan
- Plan how much money you need for each thing and try to stick to it.
- Save some money for unexpected expenses.
Track Your Spending
- Use an app like Mint or YNAB to keep track of your spending.
- Check your budget each month to see if you need to change anything.
Cost of Living in the UK vs. India: A Quick Comparison
Studying in the UK is far more expensive than in India. The average monthly cost of living in India is $441, whereas in the United Kingdom it is roughly $2,183. This increases the cost of living in the UK by 80% compared to India. India ranks 191st, whereas the United Kingdom is 12th on the list of the world’s most costly countries.
Even while incomes are higher in the UK, they do not go as far. In India, the pay covers roughly 1.5 months of living expenses, whereas in the UK, it only covers 1.4 months.
Understanding these expenditures can aid students going to study abroad with better budgeting and financial planning, ensuring they’re prepared for the increased expenses in the United Kingdom.
Expenses Comparison | ||
Expenses | India | UK |
Rent | INR 20,000 | INR 2.16L |
Transportation (Monthly Pass) | INR 1,000 | INR 17,278 |
Utilities (Monthly) | INR 5,144 | INR 32,000 |
Groceries (Monthly) | INR 5,000 | INR 20,000 |
Dining Out (Per Meal) | INR 200 | INR 1,000 |
Gym Membership (Monthly) | INR 1,000 | INR 4,000 |
Internet (Monthly) | INR 1,000 | INR 3,500 |
Entertainment (Monthly) | INR 2,000 | INR 8,000 |
UK’s Bright Horizon: What the Future Holds?
If you’re considering studying in the UK, here’s what you should expect:
- Economic Growth: The UK is focusing on growing its economy, which means more job opportunities and career options for graduates in the coming years.
- Tech Innovations: The United Kingdom is at the forefront of technology, with advancements in AI and robotics opening up for fresh learning and research opportunities.
- Green Initiatives: The United Kingdom pays attention to sustainability, giving students opportunities to participate in environmental projects and green technologies.
- Advanced Healthcare Systems: Students can benefit from the latest medical studies and developments as healthcare keeps changing.
- Post-Study Work Opportunities: With the return of the Post-Study Work (PSW) visa, international students can now stay in the UK for up to two years after completing their studies. It provides an opportunity to get job experience and secure long-term employment.
Final Thoughts..
The cost of living in the UK can be high, yet it has certain advantages. From significant colleges to promising career opportunities, the United Kingdom is an appealing destination for Indian students seeking to broaden their horizons. Properly planning for the expense of living in the UK, as well as looking into scholarship opportunities, can help you make your ambition of studying in the UK a reality.
iae GLOBAL India is happy to have a staff of highly experienced counsellors with over 32+ years of expertise in assisting students studying overseas. Talk to us and find out which country is best for you!
FAQS
Q1. How much will it cost for Indian students to study in the UK in 2024?
Ans: In 2024, tuition fees for Indian students in the UK can vary. Undergraduate programmes usually cost between INR 8 lakh and INR 30.5 lakh per year, while postgraduate programmes can range from INR 12 lakh to INR 35.5 lakh annually.
Q2. What are the estimated monthly living expenses for students in the UK?
Ans: Indian students should budget approximately INR 92,000 per month for living expenses in the UK. This covers rent, groceries, transportation, and other essentials. Living costs are notably higher in London compared to other UK cities.
Q3. Can Indian students get financial help for studying in the UK?
Ans: Yes, several scholarships are available to Indian students, such as the Commonwealth Shared Scholarships, Chevening Scholarships, and Inlaks Shivdasani Scholarships. These can significantly reduce the financial burden of studying abroad.
Q4. How does living in the UK compare to India in terms of cost?
Ans: Living in the UK is considerably more expensive than in India. For instance, the average monthly cost of living in the UK is around INR 92,000, compared to about INR 36,000 in India. This means students need to plan their budgets carefully to manage the higher costs in the UK.