Plan your budget

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 tuition

Check 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 2026

Cost of living

The 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 breakdown

Compare the cost of living in Edinburgh with other UK cities

Expenses

When creating a budget, consider your essential living expenses, your regular payments and your lifestyle costs. These may include:

  • rent
  • food
  • internet
  • utility bills (gas and electricity)
  • council tax bills (some students are eligible for exemption or discount from council tax bills)
  • mobile phone bills
  • TV licence
  • digital TV subscriptions or streaming services
  • insurance
  • clothing
  • toiletries
  • transport
  • socialising.

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 costs

How 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:

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.