{"id":1814,"date":"2021-04-21T15:25:02","date_gmt":"2021-04-21T15:25:02","guid":{"rendered":"https:\/\/unischolarz.com\/blog\/?p=1814"},"modified":"2024-09-06T10:09:39","modified_gmt":"2024-09-06T10:09:39","slug":"student-finance-for-postgraduate","status":"publish","type":"post","link":"https:\/\/unischolars.com\/blog\/student-finance-for-postgraduate\/","title":{"rendered":"This Is Why You Need Student Finance For Postgraduate Studies"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-flat ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/unischolars.com\/blog\/student-finance-for-postgraduate\/#Student_Finance_For_Postgraduate_Studies_in_the_UK\" >Student Finance For Postgraduate Studies in the UK<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/unischolars.com\/blog\/student-finance-for-postgraduate\/#Student_Finance_For_Postgraduate_Studies_in_Singapore\" >Student Finance For Postgraduate Studies in Singapore<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/unischolars.com\/blog\/student-finance-for-postgraduate\/#Student_Finance_For_Postgraduate_Studies_in_Australia\" >Student Finance For Postgraduate Studies in Australia<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>If you Google \u201cthe most expensive countries to study in\u201d the top 3 results that display are the UK, Singapore and Australia. If you are thinking of pursuing your postgraduate studies in one of these countries, you might have to make arrangements for your finances. Student finance for postgraduate studies is available in all three countries in the form of scholarships, government grants, studentships, educational loans and more.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Student_Finance_For_Postgraduate_Studies_in_the_UK\"><\/span><strong>Student Finance For Postgraduate Studies in the UK<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>Most students prefer studying in the UK because the degrees offered by its higher educational institution (HEIs) are renowned and reputed worldwide. A number of world ranking universities call the country home and are known to offer challenging and creative curriculums that prepare students for the real world beyond the walls of the classrooms.\u00a0<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cost Of Postgraduate Studies In The UK<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>The cost of your postgraduate course will vary depending on a number of factors. This includes the duration of your course, the field of research and the university you are choosing to study in. Moreover, the costs for international students are much higher than for domestic students. For example, where a simple Masters in Finance for a domestic student would cost \u00a38000, the same course for an international student would cost somewhere between \u00a316000 to \u00a318000.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cost of Living For Students In The UK<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>The UK&#8217;s cost of living for international students is significantly higher than the rest of the countries. The Government of the UK recommends you to have a budget of \u00a31270 per month to live in London or other parts of the UK. The living costs in the UK depend highly on your lifestyle, choice of residence and budget. However, there are some basic costs that you need to consider and prepare for and these are as follows:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Cost of&nbsp;<\/strong><\/td><td><strong>Amount Per Month<\/strong><\/td><\/tr><tr><td>Rent (without bills)<\/td><td>\u00a3500-\u00a3550&nbsp;<\/td><\/tr><tr><td>Bills (gas, electricity, water, heating)<\/td><td>\u00a3100-\u00a3130<\/td><\/tr><tr><td>Food<\/td><td>\u00a3200-\u00a3220<\/td><\/tr><tr><td>Travelling (without Oyster)<\/td><td>\u00a3300-\u00a3400&nbsp;<\/td><\/tr><tr><td>Travelling with Oyster<\/td><td>\u00a3150-\u00a3200<\/td><\/tr><tr><td>Dinner at a restaurant&nbsp;<\/td><td>\u00a320-\u00a330<\/td><\/tr><tr><td>Stationary&nbsp;<\/td><td>\u00a340<\/td><\/tr><tr><td>Medical Insurance @ NHS<\/td><td>\u00a3150<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Finding student finance for postgraduate studies in the UK can be a challenge but it certainly is not unachievable. The <a href=\"https:\/\/unischolars.com\/blog\/what-is-the-cost-of-studying-in-the-uk-for-indian-students\/\" target=\"_blank\" rel=\"noreferrer noopener\">cost of studying in the UK for Indian students<\/a> is as expensive as it is for any other foreign national. The UK Government encourages all students to be financially sound before flying to the country to study further. For this, the Immigration Department of the UK also asks students to submit their financial documents while applying for a visa. The financial document, such as the bank statement, should reflect that the student is able to support themself financially throughout the course of their study in the UK.\u00a0<\/p>\n\n\n\n<p>There are several modes you can take in order to receive student finance for postgraduate studies in the UK. These include studentships in the UK, UK Government Scholarships such as the Chevening Scholarship and more.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Student_Finance_For_Postgraduate_Studies_in_Singapore\"><\/span><strong>Student Finance For Postgraduate Studies in Singapore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>Singapore has been ranked as one of the best cities in the world to study in since 2013. Singapore is the rising star amongst the Asian economies when it comes to education and resources relating to education. The HEIs of Singapore invest in offering the students a world-class student experience through education and technology. Moreover, the country also has ample work opportunities after graduation.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cost Of Doing Postgraduate Studies In Singapore&nbsp;<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>Singapore may seem a more expensive country to study in as compared to other Asian countries. Moreover, the country gives a tough competition to the UK and Australia when it comes to the cost of tuition fees for specific subjects relating to STEM and Medicine. The cost of pursuing a postgraduate degree in Singapore is different for international and domestic students. For domestic students, the average tuition fees for a postgraduate degree is S$8000 to S$ 9000. Whereas, the cost for the same course for an international student would be around S$30000 to S$35000.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-1024x683.jpg\" alt=\"Student Finance For Postgraduate\" class=\"wp-image-514\" srcset=\"https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-1024x683.jpg 1024w, https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-300x200.jpg 300w, https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-768x512.jpg 768w, https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-1080x720.jpg 1080w, https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-980x653.jpg 980w, https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1-480x320.jpg 480w, https:\/\/cdn.unischolarz.com\/blog\/wp-content\/uploads\/2021\/03\/10155800\/https___blogs-images.forbes.com_alexcapri_files_2018_09_Singapore-1200x800-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cost Of Living In Singapore For International Students&nbsp;<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>Just like the UK, Singapore also has a high standard of living. Moreover, finding part-time jobs in Singapore for international students is a challenge. International students can only work 16 hours per week on a student visa. This is 4 hours less than what the UK offers to its international students. If you wish to <a href=\"https:\/\/unischolars.com\/blog\/the-top-singapore-scholarships-for-indian-students-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\">study in Singapore with a scholarship<\/a>, the cost of living might seem more bearable, as working part-time in such a case would not be absolutely necessary. The following is a breakdown of the cost of living in Singapore as a student:&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Cost Of&nbsp;<\/strong><\/td><td><strong>Amount Per Month<\/strong><\/td><\/tr><tr><td>Rent (including bills)<\/td><td>S$450-S$500<\/td><\/tr><tr><td>Food&nbsp;<\/td><td>S$300<\/td><\/tr><tr><td>Bus Transport (without concession)<\/td><td>S$70 -S$100<\/td><\/tr><tr><td>Public Transport (with concession)<\/td><td>S$43-S$45<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Student finance for postgraduate studies in Singapore needs to be thoroughly planned and executed. The country offers some of the best postgraduate scholarships in the world with high quality of education and financial aid. Moreover, the Government of Singapore aims to attract talented students from all over the world to help them get access to world-class education facilities. <a href=\"https:\/\/unischolars.com\/blog\/top-5-singapore-government-scholarships\/\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore Government Scholarships<\/a> have made it possible for international students to harness the best modes of education.\u00a0<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Student_Finance_For_Postgraduate_Studies_in_Australia\"><\/span><strong>Student Finance For Postgraduate Studies in Australia<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/unischolars.com\/blog\/apply-for-ms-in-australia\/\" target=\"_blank\" rel=\"noreferrer noopener\">Applying for MS in Australia<\/a> is a tedious procedure because of the number of documents, proof of funds and English proficiency evidence you need to produce in order to get enrolled into an Australian university. However, Australia is still one of the top destinations for international students. There were approximately 4,00,000 international students enrolled on postgraduate and undergraduate degrees in Australia in 2020.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cost of Doing Postgraduate In Australia<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>Just like Singapore and the UK, the cost of studying in Australia depends on several factors. One of the most prominent factors it depends on is if you are pursuing an undergraduate or a postgraduate course. The cost of undergraduate courses for international students is way more crucial than the cost of postgraduate courses. Moreover, while the cost for a postgraduate course for a domestic student is AUD 8000, the same course will cost an international student approximately AUD 23,000.&nbsp;<\/p>\n\n\n\n<p>Finding student finance for postgraduate students in Australia is a process as meticulous as taking admissions into an Australian university of your choice. This is because the country aims to attract and retain only bright and talented minds and make them a part of the country\u2019s workforce.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">C<strong>ost Of Living In Australia For International Students&nbsp;<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>The cost of living in Australia will highly depend on the city you are choosing to stay in. However, the basic cost of living in Australia as an international student is as follows:&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Cost Of&nbsp;<\/strong><\/td><td><strong>Amount Per Month<\/strong><\/td><\/tr><tr><td>Rent&nbsp;<\/td><td>AUD 750 &#8211; AUD 1000<\/td><\/tr><tr><td>Food &amp; Groceries<\/td><td>AUD 450 &#8211; AUD 700<\/td><\/tr><tr><td>Utilities&nbsp;<\/td><td>AUD 200<\/td><\/tr><tr><td>Transportation&nbsp;<\/td><td>AUD 70 &#8211; AUD 100<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The cost of living and studying in Australia may not seem a challenge if you are studying in Australia with a scholarship. <a href=\"https:\/\/unischolars.com\/blog\/fully-funded-phd-scholarships-in-australia-for-international-students\/\" target=\"_blank\" rel=\"noreferrer noopener\">Australia offers international students with fully-funded scholarships<\/a> to help them find student finances for postgraduate studies, as well as scholarships that are partially funded.&nbsp;<\/p>\n\n\n\n<p><em>Thanks for reading this blog on <\/em><em>This Is Why You Need<\/em><em> Student Finance For Postgraduate<\/em><em> Studies<\/em><em>. If you are curious to learn more about the scholarships offered from around the world, the following may be of interest:&nbsp;<\/em><\/p>\n\n\n\n<p><em>1.<\/em><a href=\"https:\/\/unischolars.com\/blog\/famous-courses-in-oxford\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>You Can Easily Study The Famous Courses In Oxford<\/em><\/a><\/p>\n\n\n\n<p><em>2.<\/em><a href=\"https:\/\/unischolars.com\/blog\/apply-to-the-2021-sports-scholarships-for-international-students\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Apply To the 2021 Sports Scholarships For International Students<\/em><\/a><\/p>\n\n\n\n<p><em>3.<\/em><a href=\"https:\/\/unischolars.com\/blog\/international-scholarship-test\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>The Ultimate International Scholarship Test For 2021<\/em><\/a><\/p>\n\n\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>If you Google \u201cthe most expensive countries to study in\u201d the top 3 results that display are the UK, Singapore and Australia. If you are thinking of pursuing your postgraduate studies in one of these countries, you might have to make arrangements for your finances. Student finance for postgraduate studies is available in all three [&hellip;]<\/p>\n","protected":false},"author":80,"featured_media":1778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[84],"tags":[],"class_list":["post-1814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-study-abroad"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>This Is Why You Need Student Finance For Postgraduate Studies - unischolars blog<\/title>\n<meta name=\"description\" content=\"Student Finance For Postgraduate: In The UK, Australia and Singapore. 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