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 financial support

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

Tuition fees

Fees for taught masters 2025-2026

Budget costs to include

  • rent 
  • food
  • Internet charges
  • utility bills (gas and electricity)
  • council tax bills (some students are eligible for exemption or discount from council tax bills)

How to register for a council tax exemption or discount

University accommodation costs

Other regular payments 

  • mobile phone bills
  • TV licence
  • digital TV subscriptions or streaming services
  • insurance costs

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.  

Lifestyle costs

  • Clothing 
  • Toiletries
  • Socialising 
  • Transport 

Budget planning resources

The University and the Students Association publish some useful resources for managing your finances: 

Budget planning for students

Budgeting tools

Cost of living in Edinburgh

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.

Read an average cost of living breakdown

Compare the cost of living in Edinburgh with other UK cities