The world is your university - it may be cheaper

The world is your university - it may be cheaper

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Many British students may have abandoned hope of studying abroad after the EU referendum. However, there may still be affordable opportunities for young people to study abroad.

A passport to your future

Research shows that studying abroad can also make people more employable, not only because of additional language skills, but also due to the confidence and coping skills gained during the experience. Nothing may change before the close of the Brexit negotiations due to conclude by March 2019. For now, EU students studying in the UK will have the same access to loans and grants as is currently available throughout the duration of their course. The British government has pledged to keep this same promise for the academic year 2017/2018 and these positive steps mean it’s likely that, in the short-term at least, universities in EU countries will follow suit.

Post-Brexit studying abroad

British universities are not expected to sever strong ties built up through research collaborations and the government has already suggested that some study programmes such as the Erasmus scheme may continue “subject to negotiation.”   This means that there are still opportunities to study abroad and this looks set to continue in the near future.

Popular places to study in Europe

Germany has recently been confirmed as the best place to study in Europe and fees of just a few hundred euros a year are part of the attraction. However, while Germany offers over 1,000 post-graduate courses in English, few undergraduate courses are available so it may not be a practical option for those who aren’t already fluent. 

The Netherlands is popular with British students because the universities charge relatively low fees and many more courses are taught in English. Amsterdam is proving very popular with students from the UK due to frequent, low-cost flights, a progressive culture and fees on the wide range of courses available costing €1540 per year. The government has warned that post-Brexit, these costs may rise to something between €6,300 and €8,360. This is still lower than the current cost in the UK of £9,000 but it underscores that now could be good time to register for university overseas, in case the rules change permanently. 

University study in China

China is slowly gaining traction as a popular location to study. It is of course further to travel than the short flight to Amsterdam or Berlin, but with 40% of British students receiving some form of support or sponsorship from the Chinese government and the growing prestige of a range of courses, young people could broaden their horizons even further and opt for affordable, high quality further education in China. 

We can help you to pay for your studies abroad. By opening an international payments account, we can provide you with specialist guidance on negotiating the foreign exchange market and ensuring you make the most of every penny during your studies. 

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