There's a lot to consider before going abroad, and financing your experience is a big one! Just like during your time at Newcastle, you will need to be able to afford to live independantly during your time abroad.

Key considerations

Any funding you receive is likely to only be a contribution to your living and travel costs, so we recommend you save as much as you can and budget carefully. If you meet widening participation criteria, you will likely be able to access additional funds.

We do ask you to consider the costs of going abroad very carefully before you apply. Though an international experience is hugely beneficial, choosing destinations that are affordable is crucial. 

Consider your budget well ahead of time - What will the big costs be, like flights and accommodation? How will you travel around? Doing a bit of homework will help you feel prepared and in control of your financial year. 

Likely costs

You'll need to factor in:

• Flights and visa fees
• Insurance
• Vaccinations
• Accommodation
• Living costs

Most destinations – including EU countries – will require a student visa. In addition to paying for the visa, you may incur other costs (e.g. travel to visa appointments, postage, notary or service fees) and it is likely you would be asked to show proof of sufficient funds for your planned duration abroad. Some countries will not grant you a visa unless you prove you can afford their expected living costs and some countries may also insist you transfer money to a secure account at the host university as part of the visa application process.

Managing your money

• Please do not plan or rely on part-time work during your placement to make it affordable. Student visas for most countries – including those in the EU – will restrict or prohibit you from working.
• We strongly advise you not to rely on any external funding, such as Turing, covering all your costs. Turing aims to help offset the additional costs of studying abroad, but they will not fully fund your international experience.
• Often our exchange partners have average cost of living detailed on their websites.
• You could consider splitting any funding or grants you have into monthly chunks so you don't run out of money towards the end of your time abroad.
• If you've not built a budget before, there are some great resources and advice on our Student Finance webpages. They can also offer you some financial advice before you go, or while you are abroad.

Make sure you explore the Fees and Funding section of our website.