Coming to study at Cambridge doesn’t mean you have to break the bank! Cambridge charges the same tuition fee rate for home/EU students as most universities, £9250. Student finance can help you cover these costs, find out more here. On top of this, the university and colleges have plenty of financial support to help you out.
Bursaries
The college and university have bursaries to help you to afford the cost of living in Cambridge. These are based on your household income when assessed by Student Finance. To be clear - these do not have to be repaid. The best thing about all of this, if you are a home student, all of this will be assessed and applied for automatically, you don’t have to do anything! (Just be sure to agree to share everything with the university when applying for student finance).
Both the college and university also have a number of hardship funds to help with any unexpected financial problems that come up during your time here. The university has committed that no home/EU student will be disadvantaged from coming to, or studying at Cambridge because of financial barriers.
HOW EXPENSIVE IS MAGDALENE?
Magdalene provides on-site accommodation for the duration of your degree, and is reasonably priced with a banding system. Magdalene's central location also means that you have no transport costs. You only pay for 30 weeks’ accommodation per year, in 3 instalments, and if you need to stay outside of term time, you can apply for Out of Term Residence (OTR).
“The college accommodation, especially in the lower rent bands, is very affordable and is provided for the entire length of your degree.”
While students are strongly discouraged from having a part-time job during term time at Cambridge, our terms are shorter than most universities, 8 weeks each. This means we have plenty of time to earn money during the vacations, and there are many internships and placements advertised to students each year for the summer vacation in particular. Find out more about affording Cambridge below: