This page should be a guide for all those interested in the financial side of Oxford, and want to find out what help is available but don’t know where to begin! Whilst this page might be most helpful for freshers, it should also be helpful for anyone who finds themselves suddenly in need of this information. This information was correct as of March 2020, but exact figures may be subject to change over time so please check the embedded links. If you have any questions, feel free to email firstname.lastname@example.org for more information!
Home (UK) or EU course fees for 2020 entry are £9,250. How much this figure is mostly depends on the government, and may be affected by Brexit. If you apply for a student loan, you can get all of this figure loaned to you - you do not have to pay it upfront.
For more on this, please see the budgeting and Merton-specifics section for more on this! Living costs in 2020-2021 are estimated to be between £1,135 and £1,650 per month, based on accommodation, food, personal, social and study costs. However, it’s probably better to work out your own estimated living costs, as the figure varies based on which college you go to! You may also need to budget for fieldwork, a student visa, or travel to and from university.
Grants, bursaries, scholarships
Just to note at this stage, the Crankstart Scholarship, the Oxford Bursary and Oxford Travel Supplement will be automatically assessed via your application to your regional student loan company - so you don’t need to apply to them! Otherwise, you have to apply for most scholarships, bursaries and grants!
What is it? An annual, non-repayable scholarship, assessed from mid-September, that also gives you access to; exclusive internship opportunities, an internship bursary of up to £2,500, careers mentors, Crankstart community events throughout the year.
How much is it for? If your household income is less than £5,000, you will receive £5,000If your household income is £5,000-£27,500, you will receive £4,200.
Eligibility requirements? Been a UK resident for at least years (not for educational purposes), studying for your first undergraduate degree, household income of £27,500 or less, Must be prepared to do 25 hours of volunteering.
What is it? An annual non-repayable bursary, dependent on annual household income.
How much is it for? - Table
Eligibility requirements? You’re a UK/EU student, studying for your first undergraduate degree (or graduate level medicine) and not receiving/accepting the Crankstart Scholarship
Oxford Travel Supplement (for UK Bursary holders)
What is it? An annual non-repayable Travel Supplement. The University Stand Alone pledge is also in place to make estranged students’ university experience better - read more about it here. Applications to this fund are accepted on a rolling basis from week 0 of Michaelmas.
Eligibility requirements? If you live 80-150 miles from Oxford, you can receive £200. If you live more than 150 miles from Oxford, you can receive £500.
Just note: If you also have the Crankstart scholarship, the total maximum annual bursary you can receive is £7,200.
Student Support Fund
What is it? Non-repayable supplementary funding.
Eligibility requirements? If you have a shortfall in your finances or need to meet additional exceptional costs once you have started your course.
Just note: if you receive the Crankstart Scholarship, you can also apply for the Student Support Fund.
University Hardship Fund
What is it? Financial support from the university based on sudden, unforeseen changes in your financial situation. It is advised that you try to apply to the College Hardship Fund and the Access to Learning Fund first. The maximum grant is £6,000. The deadline for applications is Friday of 3rd week in Michaelmas and Hilary, and Friday of 1st week in Trinity.
Eligibility requirements? There are many exclusive criteria for this fund; please read more about the University Hardship Fund here. The application form is here.
If you aren’t sure what financial help you may be eligible for, see Oxford University’s search tool here, allowing you to input the relevant information and check what you might be able to receive!
You can also check the external scholarships available to Oxford students here.