How am I going to afford studying in the UK? [Australians?] Watch

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EbonyG
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So, I've only just started looking at costs for full-time undergraduate study (I'm using Edinburgh Uni for a lot of the information at the moment as it's currently my first choice). I'm looking at about £11,100 per year for tuition alone. Then I need to look at living costs (maybe £400 per month at the least?). Moving/visas/etcetera is not going to be free or cheap, either.

How am I going to pay for this?

- The likelihood of me getting a scholarship is low, and all the scholarships for international students I've found seem to be only for students from the US/Canada/EU/select countries in Asia.
- I would be willing (in fact prefer) to work during my degree, but the work/pay/hours I'd get wouldn't cover all my living costs, right? If someone can disprove this I'd be very happy...

I'm so undereducated in student finance/loans/grants/etcetera that I'm not really sure what my options are. Can anyone throw out a few options/ideas that I can look into further?

Any Australians who have studied/are currently studying/are going to study in the UK out there? How did you pay for everything?

I don't really want to be draining my dad's account and owing him money until I'm old and grey...
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DAFOne
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I am coming to England from Canada and I am applying for a student loan maybe you should try the same - its not out of question for them to loan you a good 10k to help you with your studies - even if you are going abroad.
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EbonyG
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(Original post by DAFOne)
I am coming to England from Canada and I am applying for a student loan maybe you should try the same - its not out of question for them to loan you a good 10k to help you with your studies - even if you are going abroad.
Extent of my ignorance - from whom are you applying for a student loan?
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DAFOne
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(Original post by EbonyG)
Extent of my ignorance - from whom are you applying for a student loan?
I am going to ask the bank I have an account with - hopefully mum's good credit history will help. If I were you, I would just call them and set up an appointment with the account manager (we all have one) and then take your dad/mum to apply for a student loan.

Also, in Canada we are a bit socialist so the government offers some sort of help to certain students. Maybe the same applies in Australia.

Hope that helps.
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neodymium
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Yeah I am studying on student loans too. However, the loan amount isn't exactly high, plus the interest rate is kinda scary. I understand your pain OP.
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EbonyG
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(Original post by DAFOne)
I am going to ask the bank I have an account with - hopefully mum's good credit history will help. If I were you, I would just call them and set up an appointment with the account manager (we all have one) and then take your dad/mum to apply for a student loan.

Also, in Canada we are a bit socialist so the government offers some sort of help to certain students. Maybe the same applies in Australia.

Hope that helps.
It certainly helps, thanks a lot
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EbonyG
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(Original post by neodymium)
Yeah I am studying on student loans too. However, the loan amount isn't exactly high, plus the interest rate is kinda scary. I understand your pain OP.
Student loans? Plural?

Yeah I saw a couple from my bank and the interest rates were a bit :eek: . I'm not too stressed about it all just yet, but I want to know every option I have ASAP so I can make decisions before it's too late.
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neodymium
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(Original post by Ykljdsfdg)
student finance england? in real terms there's no interest...

or do they only help EU people?
Only EU people.
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Ayla Phoenix
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I'm in exactly the same situation - the scholarships generally offered to international students are directly aimed at countries like China and Malaysia (&etc.). In addition, all the commonwealth trusts are for phD students, which really gets me riled up. The UK is great in terms of supporting its own students, but as been stipulated, the rest of us either have to forfeit the opportunity, or take out massive loans.

I think I'm going to try for the loan if I get accepted in any case.
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nadnerb
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It is possible to survive solely on a part time job while at uni, but it is tough.
My gf did it as she couldn't get student loans from the UK or back home so basically had no money except what she earned each week which just about covered rent/bills/food.
However, since she was an EU student she got a course fee loan and therefore doesn't have to worry about paying for that just yet.
Do you know if you have to pay the £11k up front?

Have you looked into HECS? I know some countries pay loans/grants to their students even if they study overseas, but not sure if Australia is one of them.
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EbonyG
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(Original post by Ayla Phoenix)
The UK is great in terms of supporting its own students, but as been stipulated, the rest of us either have to forfeit the opportunity, or take out massive loans.
I would love to say 'hear, hear!', but I've no idea what the system is like for an international student wanting to study in Australia, so I'll keep my mouth shut for the time being :rolleyes: .
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EbonyG
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(Original post by nadnerb)
It is possible to survive solely on a part time job while at uni, but it is tough.
Reassuring though, thanks.

(Original post by nadnerb)
Do you know if you have to pay the £11k up front?
Kind of. I think (in Edinburgh's case) I can pay it in three installments, but for visa purposes it is advised I pay at least fifty percent before study commences.

(Original post by nadnerb)
Have you looked into HECS? I know some countries pay loans/grants to their students even if they study overseas, but not sure if Australia is one of them.
Ah, my ever-growing already extensive HECS debt...
I'm not sure if they'd do this unless it was exchange or somehow connected with my uni here, but I'll look into it, thanks
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1721
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you wont need £400 a month
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EbonyG
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(Original post by 1721)
you wont need £400 a month
OK, well can you elaborate a little then? How much do you think?
(I took a ballpark figure for flat rent in Edinburgh and added a little...)
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1721
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(Original post by EbonyG)
OK, well can you elaborate a little then? How much do you think?
(I took a ballpark figure for flat rent in Edinburgh and added a little...)
didnt realise you were including rent in that then maybe £400 a month.
but
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nadnerb
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Not sure how much rent is in Edinburgh but in Bath I usually spend about £500 a month.

£315 rent
£60 Food
£60-80 Bills
Then £xx on bits and bobs, going out etc.
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Bree_E1994
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Hi EbonyG, I just found this post and reading it, even though it is dated back in 2009, I am now in the EXACT same situation as you. Please tell me, years down the track, what ended up happening with this issue? Did you end up studying at Edinburgh, and if so, HOW did you afford this? It breaks my heart to think finances are the only thing standing in my way. Literally cannot wait for your reply
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parentlurker
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don't know about the situation in 2009 but now I'd expect you to show you can pay at least a year before you get a visa.
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PopABottle
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(Original post by Bree_E1994)
Hi EbonyG, I just found this post and reading it, even though it is dated back in 2009, I am now in the EXACT same situation as you. Please tell me, years down the track, what ended up happening with this issue? Did you end up studying at Edinburgh, and if so, HOW did you afford this? It breaks my heart to think finances are the only thing standing in my way. Literally cannot wait for your reply
PM if interested and I can message you the info as well.
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itsvaleryb
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(Original post by PopABottle)
PM if interested and I can message you the info as well.
Can you message me some info too, please? Thank you
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