5 Hacks to save your money while studying UK - PowerPoint PPT Presentation

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5 Hacks to save your money while studying UK

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Title: 5 Hacks to save your money while studying UK


1
Necessary Hacks to Save Money while Studying in
the UK 
2
Necessary Hacks to Save Money while Studying in
the UK 
  • Studying abroad is a life-altering but confusing
    process. The United Kingdom is a highly popular
    choice for international students to study at
    globally recognized universities. Moreover,
    studying in a different country can be a lifetime
    experience for international students. However,
    it can cost you a good number of pennies, time,
    and effort. In spite of that, an organized and
    efficient budget plan can help you manage your
    studying and living expenses more effectively.
    This is why, before leaving your home country,
    ensure that you consider expenses like
    accommodation, food, health insurance,
    entertainment and travel along with your tuition
    fee while calculating your total expenses in the
    United Kingdom. Moreover, living and other
    expenses in the UK vary on the basis of an
    individual's lifestyle and personal
    circumstances. At the very beginning, foreign
    students should start out calculating the costs
    that they will have to bear during their study
    period. Lets take a look at each of the costs
    and the ways to manage those while studying and
    living in the UK.

3
  • Scholarship or Funding
  • Tuition fees at UK universities largely depend on
    the institution and course youve enrolled in.
    Moreover, in the UK, there are many high-ranking
    universities and colleges with their own fees and
    structures. The tuition fee also differs
    depending on the location of your university. For
    example, there are four countries under the
    United Kingdom (England, Scotland, Northern
    Ireland, Wales) umbrella and international
    tuition fees vary between these nations as well.
    Also, the tuition fees depend on the student's
    level of degree.

4
  • Getting a scholarship or funding from the
    university or from a professors is the common way
    to reduce your tuition fees. If you get a
    scholarship youll be able to save a large amount
    of money. UK universities offer a large number of
    scholarships for both local and international
    students. We would recommend you to look at
    national-level scholarships to find open
    scholarships. Your community and school are a
    good starting point to look for them as well.
    Your guidance counsellor or anyone designated to
    help graduating seniors can provide you with
    several scholarships available for seniors. You
    may also contact the Universities
    representatives. Most of the information you may
    also get on the University website.
  • The scholarships are
  • Commonwealth Scholarship
  • Rhodes Scholarship
  • Fulbright Scholarship
  • The Chevening Scholarship
  • The Global Study Awards
  • The Royal Society Grants
  • Gates Cambridge

5
2. Student Accommodation vs Living at Home
  • In the UK the accommodation costs vary on a large
    scale. Most UK universities provide on campus
    accommodation facilities called the Halls of
    Residence to international students. These can be
    full board or self-catered. In addition, cities
    like London, Nottingham, Manchester are hugely
    costlier than other cities and towns.
    International students can live either in their
    university dorms or residences or go for private
    or shared apartments in the UK. As most UK
    universities offer accommodation for
    international students, it should be the most
    preferred and financially beneficial option for
    them and as a result, the foreign students can
    reduce their expenses. Furthermore, living
    on-campus residency will add conveniences for
    students as their campuses are just a walking
    distance away. Moreover, they can save their
    transportation costs. Also, the students can
    share their rooms with other students at the very
    beginning. However, if you get lucky youll get a
    separate room with an attached bathroom.

6
  • 3. Using Public Transport in England
  • If youre going to London, England you will
    discover a highly organized public transport and
    you should take advantage when youll be here.
    Youll need an Oyster Card to use the British
    public transport. However, it can be difficult
    for you to identify which option of Oyster Card
    is more suitable for you. Here's a breakdown
    which might be helpful for you.

7
  • Top up as You Go Card
  • If you are not going to use your public transport
    more frequently itll be the best option for you.
    You can buy this one at a top up machine only for
    5 and you can use it at all zones.
  • Student Card
  • Students need to submit an online application as
    a proof that they have enrolled at a UK
    university to get the student card. The card will
    cost 20 which can be reimbursed once the card
    expires. Moreover, the card will save 30 of
    their regular costs.
  • Monthly Card
  • If youre planning to use your Oyster Card very
    frequently, it can be the best option for you.
    Youll have the option to buy a prepaid monthly
    Oyster card that will allow you unlimited travel
    between the selected zone. In addition, it will
    be effective for you for the long run.

8
4. Grocery and Shopping Tips
  • There are plenty of grocery stores in the UK to
    choose from, but it is good to know which ones
    will get you the best deals. Sainsburys and
    Tesco are the cheapest and well known for
    international students. Students will find
    everything they need.
  • Youll need homeware items after your landing in
    the UK especially if youre going to live in an
    apartment or student housing. You can buy these
    things from Primark or Poundland. You will find
    bed, bath and kitchen necessities. You need to
    remember that youre purchasing all these things
    only once. So, you dont need to worry about the
    cost.

9
  • 5. Free Entertainment in London
  • You will get this good deal of entertainment only
    in London and finding these things wont be
    difficult for you at all. As London is a city to
    walk around with plenty of fascinating
    architecture and history, you will never get
    bored in this city. Moreover, you can visit most
    of the museums without spending a single penny in
    England. The United Kingdom also has a large
    number of parks where you can spend some quality
    and peaceful time and you dont need to spend
    money here as well. The Regents and Green Park
    are two most beautiful British parks.
    Furthermore, if you want to enjoy the sunset, The
    Sky Garden is a wonderful place to go.

10
6. Dont Rush toBuy Books
  • You might get a shock at the beginning of your
    academic year when youll receive a reading list
    which might be more expensive than your parents
    house. You need to find out which books you must
    buy because believe it or not buying these books
    can be a waste of money. As for the others, if
    need be, you can always borrow them from the
    library.

11
Conclusions In the end, it is true that
international students often get a pretty bad
reputation for their questionable money
management skills. So, you can start making your
plan from now on since you have got an idea of
costs of living and studying in the United
Kingdom.
12
Thanks!
www.ahzassociates.co.uk
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