How to Finance Your Studies at Cambridge

If you want to study abroad, Cambridge is a great choice. It is a highly respected university.
There are also plenty of opportunities there to network and get involved.
Not only your grades play a decisive role, but you also need the money to match.
Financing Your Studies at Cambridge - the Costs
Generally, to apply there you only have to cover your travel costs.That can already add up to quite a bit, but it is worth it.
A bachelor's degree there costs 10,500 euros (roughly $11,500) per year.
Accommodation comes on top of that, at around 3,500-6,500 euros. Other living expenses should not be neglected either.
Since Brexit happened in Great Britain, this could also mean higher costs for students from EU countries.
Fortunately, there are several ways to finance your studies at Cambridge.
Financing Your Studies at Cambridge - Government Options
First, there are the so-called British scholarships for international students.
These are awarded by the government or private institutions.
Various study programs are available.
They are meant above all to support excellent students as much as possible.
Depending on other factors, there is a wide range of different scholarships.
For one, there is the Chevening Scholarship. It is funded and offered by the Foreign Office and its partners.
It mainly applies to international master's students. This would cover your Cambridge costs, provided of course that it is a master's program.
You also need to check whether your country is actually eligible.
In addition, you need a bachelor's degree and at least 2 years of work experience.
The English language requirements must also be met.
There is also the Commonwealth Scholarship.

This one is used for master's programs and PhD courses. That also only includes taught master's programs.
US students can also receive a special scholarship. It is called the Marshall Scholarship program. This also applies to master's programs and PhD courses.
Financing Your Studies at Cambridge - Non-Government Scholarships
Besides all the government support, you can also get a scholarship without it.
There are also British scholarships that apply to several universities, or to one in particular.
For the University of Cambridge there are the so-called Gates scholarships.
This is an attractive study program for international students.
The Gates Scholarship program is part of this program. It offers financial support above all for very good students.
It is suitable for those who want to study full-time at the university.
But the Gates scholarships are not the only option. For international students aiming for a bachelor's or master's degree, there is also the IELTS Award.
This is a scholarship that was applied for through the British Council.
The range is between £3,000 and £10,000.
There are no restrictions. So financing your studies at Cambridge is entirely possible.