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London is undoubtedly one of the most popular study-abroad destinations in the world. It holds several exciting opportunities for career growth and development. Students often move here for better education and overall future scope. But one of the most important factors to consider before finalising London as your choice of location is to analyse the living expenses. Currently, the average annual cost of studying in London is £18,807. Moreover, the average annual cost of living in London is £24,168. In addition to these, other pre-arrival costs like visa application, admission tests, etc., must be considered, too. Check out our guide here, which will walk you through the complete cost of studying in London!
Key Takeaways
Here are the key takeaways that you can derive from the following guide:
- The average annual cost of studying in public universities in London is £16,741.
- The average annual cost of studying in private universities in London is £20,874.
- The average annual cost of living in London is £24,168.
- A visa application typically costs between £150 and £500.
Cost Of Studying At Top Universities In London
The cost of studying at any university includes two significant expenses – the tuition fees and the cost of living. Let us explore the tuition fees first. The cost of attendance in any university depends on its global ranking, popularity, quality of education, extracurriculars, additional facilities and many other aspects. Most significantly, it depends on the type of degree and course. To begin with, let us consider the cost of tuition in the popular universities in London.
Tuition Fees At Public Universities
Public universities are institutes owned or operated by the government. They could also have the majority of funding done by the government. Public universities are highly preferred since they’re usually cheaper than private universities and offer more benefits. Check out the top public universities and how their fees can contribute to the average cost of studying in London. On average, the cost of tuition at any public university in London is around £16,741.
| University | Average Cost Of Tuition |
| London School of Economics | £23,088 |
| Imperial College London | £10,000 |
| The University of London | £10,000 |
| London Metropolitan University | £6,750 |
| The University of East London | £21,000 |
| University College London | £26,500 |
| King’s Collge London | £34,580 |
| London South Bank University | £15,000 |
| University of Greenwich | £15,400 |
| University of West London | £15,565 |
Tuition Fees At Private Universities
Private universities are owned and operated by private entities. However, they could still receive some amount of funding from the government. Private universities have better acceptance rates and easier admission requirements which increase the chances of getting accepted to the university. Furthermore, they also offer significant financial aid in the form of scholarships and grants. To figure out whether a public or private university is more suitable for you, check out the following table containing the average London study costs at popular private educational institutes. The average cost of studying at a private university in London is around £20,874.
| University | Average Cost Of Tuition |
| BPP University | £10,000 |
| London School of Commerce | £11,105 |
| Amity University – London Campus | £13,395 |
| Regent’s University London | £22,400 |
| Europe Business School – London Campus | £19,280 |
| Hult International Business School – UK | £47,925 |
| Instituto Marangoni – UK | £23,015 |
Cost Of Studying In London: Bachelor’s Degrees
Typically, undergraduate tuition fees cost around £10,000 to £25,000 per year. However, courses related to the healthcare industry can be higher, ranging between £20,000 and £45,000 annually. Some institutes provide courses whose tuition fees are calculated strictly credit-wise. Thus, they can have costs varying from the norm. The popularity of a course may affect its tuition fees, too. Here are the most popular bachelor’s degrees pursued in London among international students.
- Economics
- Political Science
- Psychology
- Physics
- Biology
- Computer Science
- Accounting and Finance
- Engineering
- Marketing
- Human Resources
- Global Management
Cost Of Studying In London: Master’s Degrees
Depending on the duration and specialisation chosen, masters in London cost may be slightly more expensive than a bachelor’s degree. On average, a master degree in London costs around £12,000 to £30,000 per year. Similar to bachelor’s courses, master’s degrees in the healthcare industry can be considerably more expensive than usual, with the average coming out to be £20,000. However, the total tuition fees also depend on the placement cell or career support services offered by the universities for placements. Check out this list of popular courses to get a deeper insight into the cost of masters in London.
- International Marketing
- Artificial Intelligence
- Data Science
- Computer Science
- Law
- Design
- Digital Transformation Management
- Psychology
- Engineering
- International Affairs
- MBA
- Global Supply Chain Management
Average Cost Of Living In London For Students
As previously mentioned in the above sections, living expenditure is a significant contributor to the total cost of studying in London. The average annual cost of living in London is £24,168. Check out the following table for a detailed breakdown of how we arrive at this figure.
| Item | Monthly cost of living in London |
| Off-Campus Accommodation | £760 |
| On-Campus Accommodation | £1,200 |
| Transportation | £186 |
| Food | £480 |
| Utilities | £314 |
| Groceries | £144 |
| Clothes | £70 |
| Entertainment | £60 |
| Total Cost Of Living With Off-Campus Accommodation | £2,014 |
| Total Cost Of Living With On-Campus Accommodation | £2,454 |
| Annual Cost Of Living | £24,168 |
Other Expenses
Other than the cost of tuition and the average annual cost of living, you must also consider the supplementary expenses incurred. When you’re planning to shift to London as an international student, you must take into account the pre-arrival costs, application charges and more. Check out the following table to get an estimate.
| Particulars | Average Cost |
| One-way tickets | £1,000 to £2,000 |
| Visa costs | £150 to £500 |
| Miscellaneous – additional costs | £500 |
| Language tests | £200 to £300 |
| Health Insurance | £600 to £900 per year |
Scholarships And Financial Aid
The cost of studying in London can be overwhelming, especially for international students. To help reduce the burden of these expenses, students can explore loans and scholarships. Student maintenance loans or education loans are offered at considerable rates of interest and flexible repayment schedules. More often than not, these also include living expenses.
If loans don’t seem suitable, you can also consider scholarships. Universities provide scholarships, grants or bursaries to applying students based on academic merit, past record, community service and financial background. Acquiring these scholarships can help you reduce the cost of tuition by a lot. You can also explore scholarships offered by the UK government, the Indian government, or NGOs. Check out the following table for a few of the most beneficial scholarships for Indian students.
| Scholarships | Offered Amount |
| Gates Cambridge Scholarship | £17,500 |
| Imperial College London PhD Scholarship | £16,500 |
| GEMS International Undergraduate Scholarship | £2,000 fee waiver |
| Cambridge University MBA Scholarship | £30,000 |
UniCreds is a reliable platform that can help you find the right financial aid. Not only loans but we also assist you in finding suitable scholarships that will enable you to continue your higher education without any burden. Compare more than 1600 scholarships, grants and bursaries to find the right one, all in one place!
FAQs
1. How much money is required to study in the UK in Indian rupees?
On average, undergraduate programmes cost between INR 8 lakhs and INR 30.5 lakhs per year, while postgraduate degrees typically range from INR 12 lakhs to INR 35.5 lakhs.
2. Is London affordable for a student?
The average cost of living in London for students ranges between £2,014 and £2,454 per month. Living in London can be expensive although it varies depending on where you live, what you eat and how often you go out.
3. Which city is the cheapest for international students in the UK?
Cardiff, Cambridge, Glasgow, Birmingham, Manchester and Nottingham are some of the cheapest cities in the UK for international students.
Thank you for reading our guide to the cost of studying in London! Let us know your thoughts or queries in the comments section below!
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