Money

Cost of studying abroad

The cost of studying abroad is a very difficult thing to estimate, as it depends on many factors such as exchange rates. Obviously different students have different needs, and will spend money at a different rate.

Generally the cost of living in many of the countries where exchange students can go is lower than the cost of living in the UK. However, this will be an exciting year with many different opportunities, and students are wise to make the most of it. Therefore, some students will want to travel around the country they are studying in, or may want to make the most of local activities (such as skiing). This can all cost money.

Some of the costs to consider for your year abroad include:

  • Insurance. This is an essential element of your preparations. We strongly recommend and expect that students will take out adequate travel and health insurance for their year abroad. This has to be a single policy that will cover you for the full time abroad as a student (so an annual multi-trip will not be suitable). Students going to Europe will have the benefit of some limited health cover as a result of their EHIC card, but they should take out complete travel and health insurance in addition to this. Some partner universities (especially in the US) may require students to take out a compulsory health insurance policy provided by that institution.

    There are several companies that offer specific student traveland health insurance for a year abroad. Students can also opt to join the University's  insurance policy. To find out about this and obtain a quote please visit the Undergraduate travel insurance page.

  • Travel. Clearly the further you go the more it is likely to cost. We would recommend that you book your travel as soon as you have received confirmation of your placement from the partner university.

  • Visas. If you are studying outside of Europe you are likely to require a visa. This is also the case for Turkey, even though it is part of the Erasmus programme. It is students' responsibility to research the requirements for their visa and to ensure they apply in time. The cost of a visa can vary from a nominal amount up to in excess of £300 for Australia.

  • Accommodation and Living costs. Partner universities are usually able to give students information on these costs. However, you can also contact students who have previously studied abroad for information on their costs.

Fees

Yellow-eyed penguin, Otago, New Zealand. Copyright Sarah M Stewart.

Students are not required to pay tuition fees to their host institution. Some host universities may charge for additional non-complusory language teaching and/or nominal fees for travel, administrative or library services.

The tuition fee rate for studying abroad for a full year during 2019-20 is 15% of the tuition fee rate that you would normally pay.  For example, if you normally pay £9,250 for the year, the tuition fee for 2019-20 that you pay to Exeter is £1,385.

 

Grants and Loans

Bus in Malta. Copyright Felix O.

Students going abroad are still entitled to maintenance loans/grants from Student Finance. We recommend that students contact Student Finance to see if they are entitled for any additional financial support. Some students may be eligible for a means-tested Travel Grant. For details on this please contact your Student Finance provider directly.

For those studying within Europe, the Erasmus scheme provides students with a grant to assist with the costs of their year abroad. The amount of this grant varies from year to year, but it is not means-tested. Information can be found on the Go Abroad website.


Other grants may be available. The Go Abroad site is the best place to start looking for information on these.

 

The John Usher Memorial Fund

We are delighted to invite applications for John Usher Memorial Fund, which will grant two scholarships to two exceptional students on the LLB with European Study programme. Each scholarship is worth £1000 and can be spent on expanding your cultural, social and career horizons

Find out more about the criteria and application here.