The Canadian Student’s Guide To UK university Funding Options

Nov 9, 2015 11:29:00 PM

Canadian_student's_guide_to_UK_university_funding_options

One of the most common questions Canadian students ask our Across the Pond advisors is how to fund their degree.  Here are some of the most frequent questions regarding financial aid and UK university funding options available for you:

How much does it cost to apply to UK schools?

Unlike universities in Canada, it is free to apply to almost all graduate programs at our partner universities. There are a few exceptions to this, including some business courses, but, for the most part, applications are free.

How much is tuition?

Tuition depends on what subject you are studying and will change on a year-to-year basis. The estimates fora  Master’s degree are listed below are based on 2015 averages.

Humanities/Social Sciences

The average tuition for this type of program at one of our partner universities is around $22,000 per year.

Business

The average tuition for this type of program at one of our partner universities is around $24,000 per year.

MBA

The average tuition for this type of program at one of our partner universities is around $29,250.

Science/Engineering

The average tuition for this type of program at one of our partner universities is around $25,000 per year.

How much are living costs?

As with tuition costs, this will vary year to year and will especially vary based on where in the UK you are studying. The average for 2015 is as follows: you should expect to spend about $20,000 for the year if you live within central London, or about $16,000 if you live elsewhere. 

Are Canadian student loans accepted?

If you meet the eligibility requirements for a Canadian Student Loan, you may use the federal portion to study overseas, which currently equals about $211 per week of study. For undergraduate courses this adds up to about $8,040 per year. For Graduate courses, or undergraduate courses, which require summer study, this will cover about $11,000 per year.

Are scholarships available?

Our partner universities offer scholarships, which typically range between $1,500 – 8,000. You must hold an offer from a UK university in order to apply for these types of scholarships, and they tend to be competitive and merit based.

Can I work while abroad?

On a Tier 4 Student Visa, you are able to work up to 20 hours per week. You will need to apply for a National Insurance ID in order to work in the UK, even if it is just part-time. Each of Across the Pond’s partner institutions has a job shop on campus, which lists local and campus-based job opportunities and can assist you in seeking part-time employment during your studies.

We know that you’ll probably have a lot more questions than these when you’re thinking about completing your Master’s in the UK. We certainly did when we were in your shoes! No question is silly, so get in touch with us if you’re desperate for some answers.

Want more information on studying at Grad School in Great Britain? Download our Canadian student’s guide for free.



Download the Graduate's Guide to Funding Your UK Master's Degree

Photo Credit: KMR Photography