How to Get Loan in UK for International Students

The United Kingdom is home to top-quality education and many job opportunities. However, getting a university education there can be expensive. Many courses cost more than £20,000 (about $24,830), and that’s not including rent or other daily living costs. How to Get Loan in UK for International Students.

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Because of this, many students in the UK need help with money to finish their studies.
Working while studying is one option, but what about getting education loans in the UK?

Can international students get loans in the UK?

The answer depends on your nationality.
Things may change once the UK leaves the EU.

EU Citizens/Student Loans UK

If you are from an EU country like Italy, Germany, France, Spain, or Sweden, your education costs will be similar to those of a UK student.
You will not pay more than £9,250 a year for your degree, Get Loan in UK.

You will also be eligible for a government loan.
This will cover your tuition fees and help with living costs during your undergraduate studies. The loan is not given directly to you, but instead goes to your university, and you will have to pay it back after you finish your degree.

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You can access student financial assistance for a variety of courses.
These include:

– A first degree, like a BA, BSc, or BEd
– A Foundation Degree
– A Certificate of Higher Education
– A Diploma of Higher Education (DipHE)
– A Higher National Certificate (HNC)
– A Higher National Diploma (HND)
– An Initial Teacher Training course
– An integrated master’s degree
– A pre-registration postgraduate healthcare course

If you’re an EU student studying in Scotland, you might not have to pay any tuition fees at all.
The Student Awards Agency for Scotland (SAAS) covers costs for first degrees and PGDE courses.

International Student Loans UK

Unfortunately, international students from outside the EU cannot get UK education loans.
Tuition fees can be much higher than for UK students, especially for courses with lab work, which can cost up to £30,000.

Also, you must prove you have enough money in your bank account to cover your living costs.
You need £1,015 for each month of study, up to nine months. This amount rises to £1,265 if you study in London. So, you’ll need to save between £9,135 and £11,385 before you can get your student visa.

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What can international students do to support themselves while studying in the UK?

Working While Studying in the UK

Balancing work and study can be challenging, especially if you’re not from the UK.
But it’s a great way to earn extra money if you can’t get a student loan. Your visa may limit how many hours you can work each week.

With a Student route visa (formerly Tier 4), you can work up to 20 hours per week during the school term.
Some part-time jobs that fit this include:

– Retail worker
– Receptionist
– Waiter, barista, or bartender
– Shelf packer
– Mystery shopper

During school breaks, you can work full-time.
This opens up more opportunities, such as:

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– Private tutor
– Sales representative
– Event assistant
– Call center operator
– Amusement park staff

Check out job sites like Indeed, Reed, or Monster to apply for part-time work.

Apply for an International Student Loan

Depending on where you’re from, you may still be able to get a loan to study abroad.
Countries like the USA and Australia have such programs, though they are often limited to specific students, courses, and universities. These are the closest options to an international student loan in the UK.

Consider an Exchange Program

While these don’t replace full-time study in the UK, they can be a way to experience living and studying there for up to a year.
Check if your home university has an exchange program with a university in the UK. It could be a great opportunity if you can take part.

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Apply for a Scholarship

This is likely your best option for financial help if you want to study in the UK.
There are numerous scholarships available to international students, each with its own specific requirements. They vary by country. Some examples include:

– Commonwealth Scholarship
– Saltire Scholarships
– Chevening Scholarships

If you’re determined to study in the UK, it’s best to explore all possible options to make your dream of studying in your favorite country and university a reality.