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 supportCheck 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 supportTuition feesFees for taught masters 2025-2026Budget costs to includerent foodInternet chargesutility 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 discountUniversity accommodation costsOther regular payments mobile phone billsTV licencedigital TV subscriptions or streaming servicesinsurance costsDepending 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 costsClothing ToiletriesSocialising Transport Budget planning resourcesThe University and the Students Association publish some useful resources for managing your finances: Budget planning for studentsBudgeting toolsCost of living in EdinburghThe 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 breakdownCompare the cost of living in Edinburgh with other UK cities This article was published on 2024-11-27