Costs to consider
- Travel to and from your exchange or placement destination
- Accommodation and bills (including deposit and other start-up costs)
- Visas (if required)
- Insurance for personal travel (e.g. if you're travelling before/after/during your placement)
- Medical insurance (if required by your host institution - most non-European destinations require this)
- Vaccinations (if required)
- Local transport whilst you're in country
- Books/study materials
- Personal expenses (food, clothes, etc)
- Administrative fees at the host institution
Some countries require you to evidence in advance that you have sufficient funds for your time abroad. Evidence of funds can include things like copies of either your own or your parents’/guardians’ bank account; a notification letter of a scholarship/grant, and/or proof of accessible savings/investments. It often excludes things like your parents’ salary - it has to be funds you have readily available.
The amount you need to show may vary across countries and institutions but can be as high as £30,000. Please research the required amount for your chosen destination before applying.
Budgeting for your time abroad
To help you figure out what costs you can expect and structure your income considerations, we have put together some budgeting tools. These may help you prepare for your time abroad and include resources to support your research – we hope you’ll find it helpful in working out your budget: