Education Loan for UK
Get accustomed to the benefits, cost and opportunities
to study in the UK
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Do you dream of pursuing your studies in England? Pursuing higher education overseas can be enriching. England has been a preferred study destination for most students because of the presence of prestigious educational institutes. Only receiving an admission letter from your dream university won’t suffice. Although scholarships cover 20 to 50% of study expenses, you also need to manage the remaining expenses. This is where education loan for UK play an important role in deciding your future. It eases your finances and lets you pursue your academic dreams.
Types of Education Loan for UK
Different types of education loans are available for those who dream to pursue academics in England. The education loan for UK interest rate can vary. To get detailed information about the various types of student loans, reach out to Qck Loans. The table below shows the loans available to turn your dream of studying in the UK into reality:
Secured Education Loan for UK
Unsecured Education Loan for UK
Collateral required: Commercial or residential property/assets
No requirement of collateral
Low interest rate
High interest rate
Long repayment period
Short repayment tenure
Cost of Studying in UK
When you board your flight to fulfill your dream of studying in England, expenses like groceries, travel, and accommodation can quickly add up. Even though you have an education loan for UK from Qck Loans, there are some expenses that such loans do not cover. For covering those expenses, you need part-time employment. Here is a rundown of all such expenses:
- Tuition Fees
Tuition fees depend on the course and the university you have selected. On average, tuition charges range from Rs.1,092,614–Rs. 4,151,933 yearly.
- Transportation
The cost of transport in public vehicles or ocassional travels are based on how frequently you travel. The expenses can be somewhere around Rs. 7,648 to Rs. 10,926 monthly on average.
- Living Expenses
Living expenses in the UK range from Rs. 86,000 to Rs. 2.2 lakh per month, covering accommodation, groceries, utilities, and personal expenses. The costs may vary depending on lifestyle, location, and usage.
- Books and Study material
The price of books and learning materials can range based on your selected course. You can expect expenses of approximately $1000 to $2000 yearly on average on textbooks and study materials.
- Health Care
The price of health insurance can vary from $500 to $2000 yearly based on your chosen university and the provided coverage.
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Documents Needed to Apply for an Education Loan for UK Studies
The list of documents needed to apply for an education loan in the UK varies. Mentioned below are some basic documents:
- Duly filled application form
- Proof of Identity
- Residence Proof
- Proof of Income
- Passport-size Photographs
- School and University Marksheet
- Copy of Your Scholarship Letter
- Admission Letter
- List of Other Expenses
- Foreign Exchange Permit Copy
Eligibility Criteria to Study in UK Universities
Every educational institute in England has its eligibility criteria, and some require passing entrance tests. Here are basic eligibility criteria that will help you understand the documents you need for studying in England:
- Age Criterion
Tuition fees depend on the course and the university you have selected. On average, tuition charges range from Rs.1,092,614–Rs. 4,151,933 yearly.
- Educational Qualification
Applying for a study VISA in UK need you to complete 12 years of education with proper marks. As an international student studying in England, you need to score a minimum of 60%. When applying for a master’s degree, you need a bachelor’s degree with a portfolio.
- English Proficiency Certification
All universities in England need you to appear for the English Proficiency Test. TOFEL, IELTS, and Duolingo are some accepted tests, but every educational institute may have certain prerequisites and conditions regarding these examinations. These tests show how proficient you are in their native language.
- Entrance Test
Some UK universities may require entrance exams based on your course. Common tests include GMAT for MBA, GRE for postgrad courses, STEP for Mathematics, and LNAT for Law
- Recommendation Letter
Leading UK universities ask for recommendation letters from a teacher’s perspective. An individual who has mentored you, like your teacher, professor, principal, or department head. They will elucidate your strengths, weaknesses, and character.
- Statement of Purpose (SOP)
SOP is a letter through which you present yourself in words. Besides concentrating on academic achievements, include personal interests, as universities use this to know you beyond your academic achievements.
Top Universities in England 2025
Although an exceptional academic record is a must-have for applying for an education loan for UK, an offer letter from a prestigious educational institute quickens the entire approval process. Below is a list of the top universities in England you can aim for, regardless of which course you apply for:
- Imperial College London
- Oxford University
- Cambridge University
- University College London
- University of Edinburgh
- University of Manchester
- King’s College London
- London School of Economics and Political Science
- University of Bristol
- University of Leeds
- University of Glasgow
- University of Birmingham
- University of Warwick
Part-Time Jobs While You Study in UK
You can cover your cost of study in England with the help of part-time employment opportunities. Both on-campus and off-campus part-time jobs are available for students. You can work 15 to 20 hours per week as per your schedule, but maintaining your academic performance is equally important. Besides your education loan for UK that covers your education expenses, you can work part-time to cover your other purchases.
Click below to learn more about part-time jobs available in the UK.
What to Do After Completing Studies in the UK?
Post-completing your course in England, you can return home and start working or stay back in the country and explore ways to extend your stay. Listed below are some options that can help you make an informed decision:
- PSW (Post Study Work) VISA
After finishing your studies in the United Kingdom, you can opt for a Post Study Work VISA, also known as PSW. This allows you to stay in the country for a year or two after your study VISA expires. During this time, you can search for a job and gain experience.
- Graduate VISA
A graduate VISA lets you stay in England for two years after completing your course, giving you an opportunity to gain skills and experience.
- Skilled Worker VISA
If a company has hired you and the UK Home Office has approved it, you are eligible for the Skilled Worker VISA. After you get this VISA, you can stay in England for two years and gain practical experience. Moreover, the Skilled Worker VISA can extend your stay for around 5 years and offers additional perks.
Our free tools will help you out
Our advanced tools, such as the EMI calculator and loan eligibility checker, streamline the process of obtaining quick student loans for studying abroad by eliminating complex procedures.
EMI Calculator
Determine your EMIs and repayment schedules before committing to a student loan.
EMI Calculator
Determine your EMIs and repayment schedules before committing to a student loan.
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Everything you need to know
You first need to fill out the application form as per the given instructions to get an education loan for studying in England. Then attach the relevant documents and send the same to your loan provider.
Yes, education loans cover full tuition fees for the whole duration of your course. This ensures that you can concentrate on your academics without worrying much about finances.
Since educational institutes set the tuition fees, the education loan for UK is paid directly to them. If you are studying full-time, you can get approximately £9535, whereas if you are enrolled in an accelerated degree program, you can get around £11,440.