UK universities are fifth most expensive in the world for Brits to attend - Finder UK

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UK universities are fifth most expensive in the world for Brits to attend

31 August, 2018, LONDON

Attending University in the UK is the fifth most expensive destination in the world for British students, according to new research from personal finance comparison site finder.com.

With every public university in the UK charging £9,250 per year for British students to attend, these students are paying almost four times more than they would in most developed countries.

The minimum cost of a year’s tuition at a public university around the world is £2,536 on average, with most European countries charging under £1,000 per year for UK students.

Particularly attractive options include Denmark, where it is free to study and over 700 courses are taught in English, France, with Paris being voted the best city in the world for students and courses costing £170, and the Netherlands, where it costs £1,752 for a year’s study and 60 per cent of their courses are taught in English.

America is the priciest of the four countries where it would be more expensive for British students to study than the UK, with minimum yearly costs at a public university averaging £19,968. This could rise as high as £36,000 at more prestigious universities such as the University of Michigan.

The 10 most expensive countries for UK students to study in

CountryMinimum yearly fee for students from the UK
United States£19,968
New Zealand£14,335
Australia£11,453
Canada£10,376
United Kingdom£9,250
Hong Kong£8,963
Singapore£7,794
Israel£7,015
Lebanon£6,266
Cuba£5,250

To see the full list of global tuition costs for British students, the average cost of living in each country and an interactive map, visit: https://www.finder.com/uk/world-cost-of-university

Jon Ostler, UK CEO at finder.com, said: “The rise of technology and cheap flights has made the prospect of studying abroad much more realistic and less daunting than it was for previous generations. A large amount of international courses are being taught in English, and if British students don’t feel like our universities offer them value for money then they won’t hesitate to consider alternatives.

“However, something worth keeping an eye on is whether Brexit leads the UK to leave the European Economic Area (EEA) as well as the EU. In this scenario, it is likely that tuition fees for Brits would have to be negotiated with each country, increasing the likelihood that they might shoot up.

“Also bear in mind that traditional student loans aren’t available when studying abroad, although some countries do offer schemes to help foreign students fund their stay”.

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Disclaimer

The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on finder.com's review pages for the current correct values.

About finder.com

finder.com is a personal finance website, which helps consumers compare products online so they can make better informed decisions. Consumers can visit the website to compare utilities, mortgages, credit cards, insurance products, shopping voucher codes, and so much more before choosing the option that best suits their needs.

Best of all, finder.com is completely free to use. We’re not a bank or insurer, nor are we owned by one, and we are not a product issuer or a credit provider. We’re not affiliated with any one institution or outlet, so it’s genuine advice from a team of experts who care about helping you find better.

finder.com launched in the UK in February 2017 and is privately owned and self-funded by two Australian entrepreneurs – Fred Schebesta and Frank Restuccia – who successfully grew finder.com.au to be Australia's most visited personal finance website (Source: Experian Hitwise).

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