Managing Your Money – After Arrival

Student bank accounts

It is important to be able to access money while studying as an international student.

  • Most banks in the UK offer a student account and the services they provide are very similar.
  • However, it is still important to research the different accounts available to find one that best suits your needs.
  • A number of high street banks in the UK offer an account specifically for international students.
  • The British Bankers' Association has a helpful guide on opening a bank account for international students.

Living costs

Accommodation and living costs will depend on where in the UK you have chosen to study, but will range from £5,000 to £8,000 per year. 

Some of the general costs include:

  • £25 to £30 – a typical weekly food bill.
  • £19.30 – seven day Oyster travel card on the London underground, Docklands Light Railway and London Overground (includes 30% student discount).
  • £6.55 – peak hour cinema ticket (but there are super saver tickets available at other times).
  • £5 – English breakfast at a café or pub.
  • £2.80 – premium take-away sandwich.

Student discounts

Always look out for student discounts and check websites such as lastminute.com for cheap deals.