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Financial Issues as an International Student

Hello,

Basically I'd like to know if it's financially possible to study in Cambridge as an international undergraduate without a solid economic background.


I'm 18 yrs old, I live in Hungary (EU, so I'd have to pay the UK fees) and I'll be doing my matura at the end of this year (hopefully I'll get an advanced level 5 in Math and Physics (5 is the best grade)).

I took a look at the NatSci/Phisics course in Cam and it seems really amazing so I'm thinking about whether to apply.

The only problem is, I don't know if I could manage to finance somehow my studies (over GBP 9000 (!) pa including living expenses) even if I was offered a place.

So currently I'm searching the internet for funds.
Unfortunately, I couldn't find any financial support for undergraduate study in England so far.

I did see some job opportunities on the cam website though, so I'd like to know if it's possible to earn enough money to finance one's studies that way.
Or do you know any other way to get around this problem?


I'd appreciate any suggestions.
Thanks in advance.
Reply 1
Well, tell me about it. I'll have to pay about 20000 GBP p.a. if I do get in. Try searching for some government or corporate scholarships in your country?
Reply 2
You're an EU student so you will not have to pay the £3000 College fee. You will also get an assessment from the DfES towards your university fees and if your parents' income is lower than £20k a year you won't have to pay the £1175 either. Certain Colleges also have special funds for students from Eastern Europe (e.g. the Trinity EU Accession Bursaries).
Reply 3
OnWhatWingsDare

Basically I'd like to know if it's financially possible to study in Cambridge as an international undergraduate without a solid economic background.
I'm 18 yrs old, I live in Hungary (EU, so I'd have to pay the UK fees) and I'll be doing my matura at the end of this year (hopefully I'll get an advanced level 5 in Math and Physics (5 is the best grade)).

Yep.. erm.. its home/EU rate of approx 9000 a year... you should be able to apply for a Cambridge European Trust


OnWhatWingsDare

I took a look at the NatSci/Phisics course in Cam and it seems really amazing so I'm thinking about whether to apply.

Apply first, think about support later.. you won't get support unless you apply.. and you only need to fill in the forms after you've been offered a place.

OnWhatWingsDare

The only problem is, I don't know if I could manage to finance somehow my studies (over GBP 9000 (!) pa including living expenses) even if I was offered a place.

yeah.. it costs approximately the same for home students too.. but cambridge European Trust is means tested.. ie.. you need to fill in financial info.

OnWhatWingsDare

So currently I'm searching the internet for funds.
Unfortunately, I couldn't find any financial support for undergraduate study in England so far.

Check the cambridge site.. www.cam.ac.uk

OnWhatWingsDare

I did see some job opportunities on the cam website though, so I'd like to know if it's possible to earn enough money to finance one's studies that way.
Or do you know any other way to get around this problem?

nope.. working is not allowed during term times.. but you may take advantage of work in longer holidays.. erm.. summer is like 16 Jun - 2 Oct or something.. so thats at least 3.5 months of work
Reply 4
OnWhatWingsDare
I did see some job opportunities on the cam website though, so I'd like to know if it's possible to earn enough money to finance one's studies that way.

Or do you know any other way to get around this problem?

Contrary to popular belief, working IS allowed, though it's actively discouraged as you really won't have time for a job while you're studying. Corporate sponsorship is the most common way international students get through university. You'll have to prove that you're able to pay your way through the whole degree when you apply, so it's important to think about the long-term. These may be of some help:
Reply 5
soonalvin
Well, tell me about it. I'll have to pay about 20000 GBP p.a. if I do get in. Try searching for some government or corporate scholarships in your country?

are you an EU/Swiss student? if yes, then you are exempt from college fees and pay the HOME RATE... with living cost around 9000 a year... you may also get help from Cambridge European Trust + college funds (ie.. from Trinity)

if not.. you might have to pay from 16000-21000 depends on subject (art subjects are cheaper.. sciences are close to 21000) thats including living costs... but you might try to get awards from Cambridge Overseas Trust + certain college funds. (ie.. try Trintiy!... bit of advertisement, xyro!)
Reply 6
9000 a year? That is a quite lot.

I have to pay full (University, not College) fees and I plan to live comfortably on 5000-6000 year. If you can get your full University fees paid by the DfES and can secure a Newton Trust, or whatever it's called, that then you can take 2000 from that amount.

In any case, as anchemis said, get the offer first and worry about finance afterwards! I'm sure that an able student won't have to decline the offer just because of financial problems.
Reply 7
--on the first 3 replies--

Try searching for some government or corporate scholarships in your country?

I did search but no luck yet. They don't seem to support undergraduate study, only postgraduate / research.

if your parents' income is lower than £20k a year you won't have to pay the £1175 either

Actually, my parents' income is around 8350 pa in GBP. :frown: On the other hand I think the GBP 1175 was raised to GBP 3000 in 2006. I know there's support for that for UK students but afaik that doesn't apply to international students.

Apply first, think about support later

Yeah, but I don't feel like spending around GBP 50-70 on application fees / plane tickets (interview) if it might turn out to be futile.

working is not allowed during term times

How much do you think I can earn that way?

Certain Colleges also have special funds for students from Eastern Europe (e.g. the Trinity EU Accession Bursaries)

It seems like a good idea. Currently I don't know much about Colleges as they all seem to be very good on their websites. I think the most important thing in a College for me would be the financial support it can provide. Is it true that in this aspect Trinity is the best?


Thanks a lot for your replies.
Reply 8
OnWhatWingsDare
How much do you think I can earn [throught a part-time job]?

I think the most important thing in a College for me would be the financial support it can provide. Is it true that in this aspect Trinity is the best?

Yes, Trinity is very good at helping its students with financial problems. They have a lot of international students so would be able to provide you with good advice. You'd not be able to get a job that would earn you a substantial amount of money - or at least, not if you want to get a 2.1 (which colleges expect). If you want more information you could email international-secretary [at] cusu [dot] cam [dot] ac [dot] uk. They probably have a bit more information to hand than I do.
Reply 9
anchemis
are you an EU/Swiss student? if yes, then you are exempt from college fees and pay the HOME RATE... with living cost around 9000 a year... you may also get help from Cambridge European Trust + college funds (ie.. from Trinity)

if not.. you might have to pay from 16000-21000 depends on subject (art subjects are cheaper.. sciences are close to 21000) thats including living costs... but you might try to get awards from Cambridge Overseas Trust + certain college funds. (ie.. try Trintiy!... bit of advertisement, xyro!)


Heh. Well, I am neither an EU or Swiss citizen. I have, however, applied for Pembroke already (so I'll have to say no to Trinity, anyway, there's this really strong competitor from my school that's apply for trinity so it'll be harder to get in if i try for trinity). I think I'll probably get government sponsorship or figure some other way out i.e. bank loan, but i'll graduate with a frigging huge debt. (approx 40k+ GBP or more, i'll try to get me parents to pay some)
Reply 10
soonalvin
Heh. Well, I am neither an EU or Swiss citizen. I have, however, applied for Pembroke already (so I'll have to say no to Trinity, anyway, there's this really strong competitor from my school that's apply for trinity so it'll be harder to get in if i try for trinity).
OK.. erm.. if you've been made an offer (usually they'll tell you after christmas before new year.... you need to WRITE BACK TO THE ADMISSIONS TUTOR saying you have fiancial difficulty as soon as possible.. don't wait until the offer is confirmed by UCAS as it will be past the deadline.. anyway..

The Admissions tutor should send you a blue Cambridge Overseas Trust form UGSAF(2006?) when you've confirmed with him/her PERSONALLY by POST stating you have FINANCIAL DIFFICULTY.. you need to complete Part II of the form and give Part III to a Academic Referee (ie.. the guy at school who wrote your UCAS ref.)

Basically Part I is applicant details, completed by admissions...
Part IIA is financial details etc.. you will need to give evidence
Part IIB only fill in if you're an affiliated student going for Gates Trust
Part III you need to give to a Academic Referee.. he/she will check and complete your evidence + form and send it for you...

erm.. DEADLINE is 28th March. I think... and then its PASS your exam requrements for the offer if its conditional.. remeber you can ONLY get support if you've confirmed your offer..

anyway.. you should get the details of whether you've been given an award by early september... and GOOD LUCK
Reply 11
OnWhatWingsDare
--on the first 3 replies--
I did search but no luck yet. They don't seem to support undergraduate study, only postgraduate / research.

erm.. then you have to go for Cambridge Eu/Overseas Trust funds..

Actually, my parents' income is around 8350 pa in GBP. :frown: On the other hand I think the GBP 1175 was raised to GBP 3000 in 2006. I know there's support for that for UK students but afaik that doesn't apply to international students.

yeah.. but international students pay:
around 8000 for art subjects, 10000 for science, 20000 for clinical med...
thats fee only.. + college fee around 3000 + living cost at 6000
so adds upto 19000 for arts, 21000 for science and 31000 for clinical med

Yeah, but I don't feel like spending around GBP 50-70 on application fees / plane tickets (interview) if it might turn out to be futile.

if you apply to cambridge only on UCAS its a SINGLE app fee of 5 pounds I think? (UK friends.. quote me wrong please..) and you need to pay some fee to cambridge (er.. whos got the number?).. if you book plane tickets in advance.. they notify you 1 month in advance for interview.. it should keep costs down.... I know it may be futile.. but which investment doesn't have its associated risks?

How much do you think I can earn that way?

Its unlimited time for holiday earnings.. if you're over 18 its 5 pounds an hour basic wage but you don't have to pay tax till you earn like 4000 (quote me wrong guys..)....

It seems like a good idea. Currently I don't know much about Colleges as they all seem to be very good on their websites. I think the most important thing in a College for me would be the financial support it can provide. Is it true that in this aspect Trinity is the best?

All colleges are good + they're all Cambridge... only difference is that each college have different financial environments... some colleges may offer 'college-wise' scholarships alongside Cambridge Trusts.. others may be less fortunate and may only offer Cambridge Trusts..you need to write and ask I'm afraid.... erm.. there isn't a best.. though Trinity Rocks when you need financial backing!
http://www.dfes.gov.uk/studentsupport/eustudents/index.shtml
This is the website for you on the tuition fee support. There's loads of stuff on the changing top-up fees and how they relate to EU students from the old and new EU countries.

I'm an EU national not from a wealthy family. I didn't get anything from the DfES, though, towards my tuition fees. They pay for my college fees. My parents' income was a bit over the limit but that doesn't reveal their overall financial status.

I got a generous bursary from the CET (Cambridge European Trust) that just covers my tuition fees throughout my course. There are some rules, but I think they're not that strict about that - more willing to give the money than not. I'm under the impression they give basically every EU students at least a grand per annum. I wouldn't have been able to accept my place at Cambridge without this bursary.
What impresses the CET trustees are your academic results and the reference(s) they ask for. But don't worry, you'll be sent the forms if you meet your offer immediately.

I'm sure spending some £70 on your application - which, I know, may be a big sum of money for you - won't turn out to be a waste of money at all. The application process to Cambridge is a pleasant challenge (at least that's how I took it), and my experience after my interviews was that I would've been happy if they hadn't accepted me at all; the interviews were such a pleasant and rewarding (also exotic for a Nordic guy like me) experience as such!
Before my application, I was able to visit the place and ask the people of the Admissions Office at my college about the financial help, expressing my true need for it and showing them my academic papers (having already been a sixth form graduate). Their approach was, 'Don't worry a bit, if you get an offer, there is no way the finances will be a hindrance for your taking up the place!'

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