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If I do not get a fully funded scholarship, what is the expected budget I should prepare for studying abroad in UK for a Master's?

22 Jul 2026 · Answered by Mahalakshmi K · 1 min read
Mahalakshmi K
Mahalakshmi K Verified
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You should plan for a significant budget if you pursue a master's in the UK without a fully funded scholarship.

- Tuition fees: £15,000 - £38,000/year (about ₹15 - 31 lakh), depending on your course.
- Living expenses: £12,000 - £18,000/year (about ₹12 - 15 lakh), higher in London.
- Visa fee: £490 (about ₹49,000), subject to change.
- Immigration Health Surcharge (IHS): £776/year (about ₹77,000), subject to change.

Total estimated annual cost: £27,000 - £56,000 (about ₹27 - 46 lakh), depending on university, course, and lifestyle.

For a personalized cost estimate or guidance, connect with your LeapScholar counsellor.

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Gagandeep Singh
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If you miss out on fully funded scholarships for a UK Master's, you can typically expect partial scholarships ranging from £1,000 to £15,000 off your tuition fees.

Amounts and eligibility depend on the university and program, and most awards are based on academic merit, financial need, or your country of origin. Scholarship values and availability are subject to change each year.

Some universities automatically consider you for these scholarships when you apply, while others require a separate application. For guidance on finding and applying to suitable scholarships, connect with your LeapScholar counsellor.

Abhishek Mehta
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Leap Scholar's Counsellor
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Expect to budget for tuition fees, living expenses, visa costs, health insurance, and initial settlement costs when planning to study abroad for your master's in the UK.

- Tuition fees: £14,000 - £30,000/year for most master's programs; specialized programs may be higher.
- Living expenses: £1,400 - £2,100/month in London, £900 - £1,300/month in other cities (includes accommodation, food, transport, utilities, and leisure).
- Visa and health insurance: Proof of funds required for the UK Student Visa; Immigration Health Surcharge (IHS) applies (amount subject to change).
- Other costs: Application fees, IELTS test fee (about £170), flights, study materials, and accommodation deposits.
- Emergency fund: Set aside 5 - 10% extra for unexpected expenses.
- Funding options: Personal savings, family support, education loans, scholarships, and part-time work (up to 20 hours/week during term).

Start financial planning 12 - 18 months before your course to manage costs and arrange funding.

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