Studying in Britain is so expensive, why are you still there?

1. Application fee for studying in the UK

UCAS application fee for one school 12, 2-5 school 23. The application fee for a master's degree is generally 25-50 pounds each (some top4 majors are more expensive, and the highest one is 150 pounds for an MBA in Oxford and Cambridge).

2. IELTS registration fee

Registration fee 1980, UKVI 2000. IELTS registration is generally online, and there are test sites in major cities across the country. For the IELTS test of 65,438+0-3 every month, it is generally necessary to register in advance, so that students can have an adequate preparation plan to avoid the embarrassment of being ready but the examination room is full.

Obtain a passport

The cost of applying for a passport in the cost of studying in the UK is 250 RMB. General students bring their household registration ID cards to the local public security bureau and go to the exit-entry administration department of the public security bureau for handling. Passports are usually issued in 8- 15 days, but students who want to go abroad are advised to apply in advance to prepare.

4. Visa fee

The cost of studying in the UK is 2980 RMB. The medical examination fee is 500- 1000 RMB (some people need vaccination, but those with certificates don't need it).

5. security deposit

To study in the UK, you need to prepare a deposit certificate of the guarantee fund to prove to the British government that students can afford the tuition and living expenses during their study. Generally, 32-35W RMB is guaranteed, and the specific algorithm is one year's tuition+nine months' living expenses. Students are required to deposit in a bank that can issue a deposit certificate at least 28 days before applying for a visa. Parents are advised to deposit the deposit in the student's name. If it exists in the parents' name, some proof is needed.

6. Living expenses, accommodation and air tickets

The cost of living in London is generally 1000/month, and it is 800/month in non-London areas. This is the average standard, depending on the students' lifestyle. )

London accommodation 150- 190, non-London accommodation 80- 150. Different rooms charge different fees, so students need to choose their favorite rooms according to their own situation. General airfare costs 6000-7000 RMB (one way).

7. Mortgage payment

Since all students will apply to many schools together, the school needs students to pay a deposit and determine the location provided. The deposit fee is 600-2000 pounds, depending on the requirements in the quotation.

8. British tuition fees

Generally, the tuition fee of British universities is 1W- 1W7. Most schools pay tuition fees by semester after students enter school, and very few schools need students to pay them in one lump sum. (Generally, the tuition fee for the first semester will be deducted from the deposit, which is not enough to make up)

The above introduction is for the convenience of everyone to understand the various expenses of studying in the UK, but don't think that getting the offer will be done once and for all! Next, let's look at ten things about the deposit for studying abroad.

9. Deposit as early as possible.

Studying abroad is something that must be prepared in advance. For example, the deposit you prepare for studying abroad is not only the expenses spent abroad during your study abroad, but some foreign schools will require you to submit a certain deposit certificate when applying, usually for half a year.

Therefore, if the necessary funds are not prepared in advance, the deposit period is too short to meet the requirements of others, so everyone must make plans for studying abroad as soon as possible. After getting the admission notice from the school, you will enter the stage of applying for a visa. Proof of deposit is very important for visa approval. Under normal circumstances, international students need to provide proof of bank deposits for 6 months to 1 year, and deposit them in the bank as required, including time and current savings deposits, voucher-type government bonds, etc.

Therefore, it is best to start a passbook for studying abroad one year before applying for a visa, and it is best to have records of multiple deposits and expenditures, rather than a large deposit of several hundred thousand at a time. Moreover, large-scale capital injection will inevitably make visa officers feel dazzled, and the motivation for visas is too impatient.

They may think: How can you get so much cash at once? Are their sources legal?

In addition, when submitting the deposit certificate to the embassy or consulate, you can submit some materials to prove the family income to explain the legitimacy and source of funds. If you can also provide additional proof of family property, such as real estate, cars, etc. , naturally more secure.

10. Make up the loan for studying abroad

If you decide to study abroad in a hurry, you don't have enough time to deposit or the amount of deposit is insufficient, you can make up for it by applying for a loan for studying abroad. Generally speaking, the loan amount for studying abroad cannot exceed the sum of the school's registration fee, tuition, living expenses and other necessary expenses within one year, with a maximum of 500,000 yuan and a maximum loan period of 6 years.

Some countries that like to accept foreign students are very concerned about the economic problems of international students. They don't like more poor people going to their own land, so they demand a high amount of deposit for studying abroad. Generally, international students need to provide financial proof for several years when they expect to study abroad, which is a big problem for many China families with ordinary living conditions.

Even for some wealthy families, the problem of high liquidity and high security deposit has not been well solved. Therefore, these people can choose to apply for a loan for studying abroad, but it is best to prepare from the time they apply for a school, which will help you apply for a visa smoothly.

1 1. Purchase foreign exchange, in large quantities or in batches?

Have more preparation after getting a visa. The first is to purchase foreign exchange. Due to the influence of foreign currency exchange rates and foreign student policies in different countries, the total cost of studying abroad is constantly changing. How to reasonably purchase foreign exchange according to the change of foreign exchange rate and reduce the cost of studying abroad is also a problem that has to be considered. In fact, this problem is somewhat similar to the fixed investment fund, except that the fixed investment fund is to stabilize the income, while the fixed investment in foreign exchange is to stabilize the cost of studying abroad.

If you want to buy a certain amount of foreign exchange for a long time, you need to keep an eye on the trend of foreign exchange and make a complete budget for your study abroad expenses. In recent years, the continuous appreciation of the renminbi has led to the relative reduction of the cost of studying in the United States, Britain, Australia, Canada and other countries, which may also be a reason for the increase in the number of students studying abroad, because everyone thinks that "studying abroad now is very cost-effective."

Although this statement seems utilitarian, the high cost of studying abroad forces people to think on this issue. Regarding the method of purchasing foreign exchange, we can operate in stages according to the exchange rate trend, purchase foreign exchange on dips in batches, and stabilize the summary cost of purchasing foreign exchange. Try to make an appointment with the bank before buying foreign exchange to confirm whether there is such business and whether there is enough foreign exchange, because sometimes it may take several days.

12. Take money abroad by wire transfer.

In addition to preparing foreign exchange before leaving the country, you should also know how to take money out of the country safely. Wire transfer is the most common way for funds to leave the country. The biggest feature of telegraphic transfer is fast, safe and large, and funds can reach overseas accounts within a few working days. Nowadays, many schools require students to remit tuition fees directly to designated accounts.

Bill remittance has also become a common remittance method for international students. Suitable for international students who have gone abroad for the first time and have not yet opened a bank account abroad. As long as they provide their own names and the names of their cities, international students can take money orders abroad and collect money from foreign banks.

The bill of exchange is convenient to carry, the cost is relatively low, and the time of receipt can be flexibly controlled. Moreover, some schools also require students to pay tuition fees by bill of exchange. T/T and remittance are safe and the handling fee is low, so they can be the first choice to go abroad.

13. international credit card, let parents supervise "paying the bill"

Now many banks have launched dual-currency credit cards for international students. Dual-currency credit cards are mostly settled in dollars. In terms of repayment methods, you can use the original currency to avoid currency exchange losses, and you can also let your family repay in RMB at home.

Most of these credit cards have primary and secondary cards. International students use secondary cards to spend overseas. Parents can use the main card RMB to automatically purchase foreign exchange for repayment in China. You can also set the consumption quota of the secondary card, and there is a SMS reminder for each consumption.

In addition, the bank will send back the bill of your consumption abroad on time every month, so that your parents can know your consumption abroad at home and help you establish the habit of rational consumption. Although international students may not be willing to be "monitored", if your spending abroad only involves some simple consumption, this way can save a lot of remittance costs and is more convenient to operate. Still the choice of most people.

It should be reminded that it is not cost-effective to use international credit cards to withdraw cash abroad. The bank will charge a certain handling fee according to the withdrawal amount, which is about 18% interest every year. For a family, it is better to use this dual-currency credit card cautiously if the children usually have no self-control ability and poor self-control ability.

14. Preset overseas accounts to solve the problem of overseas cash withdrawal.

Although credit cards are convenient to use, they are not so cost-effective when withdrawing cash. Before going abroad, you can also open an overseas account in China in advance and remit the funds needed for studying abroad, such as tuition and living expenses, to this account in advance. You can activate it and use it directly after going abroad. This agency business is mainly for domestic banks to cooperate with overseas branches to help international students handle overseas bank accounts in advance.

As long as you submit the application materials for opening an account to an overseas branch through a domestic bank before leaving the country, the overseas bank will help you open an account in an overseas bank in advance after it is approved. This study abroad account has no minimum deposit requirements and will not charge account management fees. This is the best way for students studying abroad for the first time to carry funds, which can avoid the trouble of finding a bank account after they have just arrived abroad.

15. Traveler's check, one of the options in the transition period.

Traveler's checks have the characteristics of cash and money orders, and there are many denominations to choose from, ranging from $20 to $500. Currency also covers all major foreign currencies, which is more convenient to use than wire transfer and draft. In foreign countries, you can not only pay tuition and daily consumption, but also exchange cash in major banks around the world. In many countries, it is completely equivalent to cash use and can even be used to buy newspapers. Traveler's checks are registered in real-name registration system and can be settled free of charge once lost.

When international students arrive in a country, it usually takes some time to arrange housing, banking and other affairs. In the meantime, if you don't want to carry too much cash with you, traveler's checks are a possible choice. However, the handling fee for purchasing traveler's checks is relatively high, generally around 5%, and 7.5% will be charged during use.

16. foreign currency cash, the right amount is better.

If you have the habit of carrying a lot of cash with you, be careful when you leave the country. According to the regulations of China Exit-Entry Administration, citizens of China must apply for a foreign currency carrying permit if they want to carry the equivalent foreign currency out of the country at most $6,543,800+0,000, as long as it exceeds $5,000.

Carrying too much foreign currency cash will also lead to a greater risk of loss. The amount of cash is about 10% of the sum of tuition and living expenses. If you open an account after going abroad, you can bring an appropriate amount of cash for the transition, because it usually takes two to three weeks to open an account smoothly.

17. "10 minute remittance" is an emergency measure.

In addition to the above remittance methods, there are several channels of instant remittance, such as "Western Union Remittance", "MoneyPay" and "BTS". These remittance methods will be received in about 10 minutes. When remitting money, the remitter designates a withdrawal point for this business, and the payee can withdraw money at the designated withdrawal point according to the "password".

Although the arrival speed is fast, the handling fee is relatively high, and remittance can only be made in US dollars, so their usage rate is not universal. In case of an emergency that requires a lot of money, and there is no money around, it is a suitable choice to use these services.

18. study abroad insurance is essential.

After handling relevant financial services, you should also consider purchasing study abroad insurance to provide more protection for your health and property during your study abroad.

When applying for a visa, the embassy will identify the assets and risks of the students applying for studying abroad according to the requirements of the destination country. If you need proof of insurance, in order to increase the success rate of visa, you can buy insurance that meets the requirements of visa application first.

The risk of accidents of international students abroad will increase, and medical expenses will be expensive. Therefore, insurance is a necessity for studying abroad, and buying insurance in the destination country is the basic requirement for international students in most developed countries. When buying insurance, you must ask about the requirements of the country of study abroad.

Different countries have different medical security systems. In some countries, such as Australia and New Zealand, the tuition for studying abroad already includes certain insurance, so there is no need to buy it again. In addition, international students who have studied in Britain for more than half a year can enjoy national treatment and medical expenses can be reimbursed as long as they buy British medical insurance.