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About postgrad study: Costs and funding |
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How much is postgraduate study likely to cost?The two main expenses you will incur are tuition fees and living expenses (maintenance costs). The figures below are intended to give a rough idea of the scale of costs involved. Tuition fees- For UK and EU students, fees are typically between £3,000 and £6,000 per year, with the majority of courses in the lower half of this range. Courses involving laboratory work are usually more expensive.
- Some courses are significantly more expensive, for example, fees for MBA courses range from £18,000-£45,000.
- Details of fees can be found in an institution’s postgraduate prospectus.
Maintenance costs- You should budget an average of £12,700 per year for institutions in London and the South East, and £10,500 a year elsewhere. Investigate all costs involved and calculate realistic figures.
Grants for postgraduate study do exist, and can cover both fees and living expenses but they are not automatic. Have a look at funding my further study for detailed information about the availability of funding for postgraduate study and potential sources of income.
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