The United Kingdom is the favorite nation of a large number of students from around the world. For more than a century, international students have been visiting the UK to acquire higher education. Numerous top-class universities are available here whose degrees and diplomas are recognized in all countries. Besides, world-class facilities are available in most of the cities in the United Kingdom.
But, apart from so many good things, there are some financial challenges also that students may face in the UK. Here, you will know about those challenges with a few possible ideas to resolve them.
High Tuition Fees
Since you are going to the UK for higher education, the high tuition fees can be a major financial challenge for you. The UK is one of the most developed nations in the world. Besides, it is one of the nations that most number of international students visit. So, tuition fees in many cities in the UK are high.
There are some cities, where the high tuition fees can be more challenging. We can take the example of London, the capital city, in this regard. London is ranked at second place after New York among the global cities and financial hubs. Some agencies keep it at the first place, and as a matter of the fact, it remained at the first place for a long time. So, it is quite obvious that you may have to pay a high tuition fee.
- Solution
There are many ways to cope with this challenge. First, many scholarships and funding arrangements are provided by universities in the UK. You may also find some organizations in the UK which do the same for students. Moreover, you can also get education loan to study in the United Kingdom. Some online student accommodation service platforms also help you in getting education loan.
High Accommodation Costs
Due to the same reasons, you may find student accommodations at high costs in the United Kingdom. In accommodations, you get plenty of facilities but you are required to pay a high amount for this.
- Solutions
you have to visit the websites or mobile apps of student accommodation service platforms. Then on next step you have to enter the city name where you need an accommodation and you will get the complete list of accommodation properties in that city. For example, if you want to book “student accommodation Gloucester”, you need to enter “Gloucester” in the search box and a list of properties in this city will appear in front of you.
You can visit the page of each property by clicking its name or image and you will find the details of properties including prices, amenities, distances from universities, etc. So, you can know the prices of accommodations available in all the properties and can find the one that is under your budget. You can get it more easily with the help of some features available on the platforms. You can find a filter feature through which you can set the price range in which you want accommodation. Besides, you can also select the option to sort the list according to prices. Some platforms also offer a comparison feature through which you can compare the prices of multiple properties on a single webpage.
Another solution in this regard is that you can book accommodation in a private apartment. In some private apartments, you can get accommodations at low rates.
Currency Fluctuations
Currency fluctuations can also be a problem for students from time to time. If the price of the pound or euro in the local currency of students’ countries goes high, it may affect their purchasing power.
- Solutions
Being prepared for this situation and planning the expenses with some margin while keeping this in mind can be the solution to such problems.
Endnotes
Apart from everything, deciding budgets and planning expenses can be the solutions for everything for students. International Students can also do some part-time jobs in the UK available for them if it is suitable.
