When you become a student in Edinburgh, you are responsible for managing your living costs, so estimating your expected expenditures and planning a realistic budget is a good idea. Funding and tuitionCheck the guidance on how much funding you will receive from the UK government and/or through the Education Beyond Borders scholarship first. Once you have an estimate the funding you will receive, you will be able to calculate your budget.Funding and financial support Make sure you also understand the tuition fees involved with your chosen programme. This may change depending on your year of study.Fees for taught Masters 2025 to 2026Cost of livingThe cost of living is a little higher in Edinburgh than in some other cities in the UK. This is something to consider before applying to the University of Edinburgh and for this scholarship.Average cost of living breakdownCompare the cost of living in Edinburgh with other UK citiesExpensesWhen creating a budget, consider your essential living expenses, your regular payments and your lifestyle costs. These may include:rentfoodinternetutility bills (gas and electricity)council tax bills (some students are eligible for exemption or discount from council tax bills)mobile phone billsTV licencedigital TV subscriptions or streaming servicesinsuranceclothingtoiletriestransportsocialising.Depending on whether you are living in University-managed or private accommodation, you will need to check what is included in your monthly rent and what services you need to pay for separately. University accommodation costsHow to register for a council tax exemption or discount Budget planning resources The University and the Students Association publish some useful resources for managing your finances: Budget planning for students Budgeting tools Before you apply – checklist The checklist will help you understand and apply for the scholarship. Please ensure that you have read through each page in the checklist before you apply. View the full checklist Go back to Step 5: Attend an information session Move on to Step 7: Apply to the scholarship This article was published on 2024-11-27