London is a huge draw for students from all over the world looking to study in the capital. That being said, the capital of the UK is one of the most expensive places in the UK to live and study as a student. You’ll need money to cover your rent and living costs, in addition to money for your fees.
If you have a student loan to cover the cost of your fees, you will not need to come up with any additional money to cover the cost of your course. But how much, on average, will you need in order to be able to rent in London?
Read on for our guide to renting in London, and have all of your questions answered.
If you are an international student, you will need to show that you have a minimum amount of money each month to study in London.
Most international students need a Tier 4 international visa in order to be able to study in the UK, UK Visa and Immigration (UKVI) requires you to have a budget of at least £1,265 per month to study in London over a period of at least nine months. Since most courses last more than nine months, this works out at £11,385 being needed as a minimum to study in London.
You need to remember that this figure does not include the costs of tuition fees. So be sure to factor this into your calculations when working out whether or not you can afford to live and study in London.
Conclusion
Although it may seem like a lot of money to have to shell out, remember that you are studying in one of the world’s most pre-eminent cities. A degree from a London university could take you far in life. The costs of obtaining such a degree could be far outweighed by your total earnings!
Looking for student accommodation in London, be sure to check out our website.
