How much should accommodation cost?
Some universities have dedicated international halls or guaranteed accommodation places for international students, but this varies so check with them if you're interested in this.
Research transport options to ensure you're able to get to your classes on time.
Most private accommodation providers require a financial guarantor based in the UK. If you don’t have someone who can do this, there are companies that can do this for you.
Note: Some accommodations require a guarantor, who is a person you nominate that will pay the rent if you're unable. This normally needs to be someone living in the UK, although some companies offer this as a service. Alternatively, you may be asked to pay for a longer period of time up front if you don't have a guarantor.
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Student banking
If you plan to transfer or receive money, research good international transfer rates – you can also check this when you set up your UK bank account. International students can usually only set up a student bank account in person once you've arrived in the UK, as the bank needs to see ID documents and a letter from their university.
How can I work out what I can afford?
If rent accounts for about half your spending, what exactly are all the other things you’ll need money for? Create yourself a budget, starting with your outgoings.
If you haven’t had to budget before, it doesn’t have to be complicated. It’s about knowing what cash you’ve got coming in and out – then understanding how much is left over after your essentials, like rent and bills, are paid.
Try making a list of everything you’ll spend in a typical month, some typical outgoings might be:
- course equipment or books food,
- drink and home supplies utilities – gas, water, electricity
- internet and phone bills
- university kit for sports courses or teams
- gym membership
- travel costs at uni and for visiting home
- nights out, parties, society events
Once you’re clear on all these other outgoings besides your rent, you can start thinking about how to make your money work for you.
If you know your outgoings will exceed your funds, you can adjust – maybe you can find accommodation with a lower rent. Or you could see where some additional cash can come in – perhaps find part-time work, bursaries, savings etc.