If you have already planned to move out and study in another country or maybe if you are too confused to manage spending’s while travel then you should consider planning everything out on a budget. As an international student in the UK it can be quite hard to manage budget as the cost of courses are comparatively higher than other places so before travelling to any place a person should be aware of the expenses they will require, therefore it is important for one to make a budget plan including all your monthly and yearly costs. Although, it can be hard to anticipate some miniature expenses such as leisure one should take into notice the Primary ones first such as
  • Tuition fee
  • Travelling cost
  • Accommodation
  • Bills
  • Food
  • Health & Insurance

Working out the tuition fees:

While setting up a budget plan, the first and foremost thing is to sort out the tuition budget. As you already know tuition fees vary from institution to institution and the fees for international student are comparatively higher, so there is not an easy way to figure out. You should do some research online to set up your plan. There are many scholarship and financial support schemes for international students in the UK. Demand can be high, but it is worth taking a look at what is available. Scholarships are offered by a number of providers including:
  • United Kingdom institutions
  • Awards and scholarship programmes
  • Companies/entrepreneurship schemes.

Travel costs:

Visa fees for international students can also be counted in this category, firstly find out if you need a visa to study in the UK. If you are from outside the EU/ EEA region, you will probably need a visa as an international student. For the Visa application, you need proof that you can bear your expenses in the UK. This is called maintenance funds from the UK government. Other than that travel ticket needs to be taken in consideration, if you want to travel back home during vacations, make sure you book the flight way ahead of time as airlines know that vacations are peak travel times without much flexibility so they charge extra for it. There are many websites that allow student discounts on travel. These sites frequently partner with organisations with bearers around the globe and can work out arrangements on seats.

Accommodation and options for an international student:

Whilst you are staying in the UK, there are a variety of accommodation options available. Your choices will depend upon which city you live in, the monthly spending and the amount of rent you pay for. Estimate and evaluate your monthly spending if you decide to live in a self catered hall or a rented flat.   For more guidance on choosing a student property, check our guide.

Managing Costs for bills and food:

When you move to a proper accommodation in the UK, it will be totally different. You cannot be careless in your spending as you may have bills to pay. Work out the living expenses you will need to consider and how much they will cost you will depend on so many factors. Below is a rough estimate of the costs of the major items you will need when you are in the UK: Food: If you buy your own food, try and budget in about £25 to £30 per week to purchase food supplies. Telephone (mobile): Mobiles cost will vary depending on the provider and tariff you are on. Bills:  You may need to pay bills for water, heating and electricity, depending on whether they’re included in your rent or not. So it is necessary to mention this in your budget.   If you think it’s hard to manage the bills yourself, don’t panic. Most of the accommodation listed on our website are inclusive of all bills.  

Managing Health and Insurance Costs:

To manage your whole budget plan, you need to make sure how much money you will have to spend on health. It is advisable for the international students coming to the UK to take out health insurance in case of unforeseen circumstances. The National Health Service provides emergency treatment, dental care, diagnosis and treatment of certain disease and family planning. So make sure to calculate a small amount of cost to pay for the insurance. Also to save money you can use the Student NUS card to get discounts on many national stores. There are many supermarkets such as Tesco and Asda, to save some money you can shop there.You cannot live the same lifestyle as a student if you’re currently living at home with your parents. You cannot spend bluntly on useless things rather you can save up some money for fun and leisure activities.

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  1. […] plenty of blogs from thrifty people and students who can inspire you to cook up a delicious storm without spending a lot of money. You can also use them to plan out your meals for the next week or so, which will save you […]

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