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. We strongly recommend and expect that students will take out adequate travel insurance for their year abroad. This has to be a single policy that will cover you for the full time (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 insurance in addition to this. Some partner universities (especially in the US) may require students to take out a health insurance policy provided by that institution.

    There are several companies that offer travel insurance for a year abroad. Students can also opt to join the University's staff insurance policy. To find out about this and obtain a quote please visit
    http://www.exeter.ac.uk/campusservices/insurance/insurancepolicies/travel/undergraduatetravelinsurance/.

  • 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 language teaching, but these courses are never compulsory. There will, of course, be various costs for things such as accommodation. Further details of this can be found on the International Office website.

The tuition fee to Exeter for the year abroad in 2016/17 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. Previous students have been able to claim for some of their expenses, including airfares, through a 'Travel Grant' that Student Finance provides in some circumstances. For details on this please contact Student Finance directly.

For those studying within Europe, the Erasmus scheme provides students with a grant to assist with the costs of their year abroad (provided they are are EU citizens). The amount of this grant varies from year to year, but it is not means-tested. Information can be found on the International Office website.


Other grants may be available. The International Office website is the best place to start looking for information on these.

 

To find out how to apply click on Applying to Study Abroad.