Studying at the University of Oxford one of the world’s most prestigious universities is a life-changing opportunity. Known for academic excellence, rigorous research, and global networks, Oxford attracts top students from every corner of the globe. However, the cost of study can be a major concern for many applicants. This is where scholarships, bursaries, and student loan options play a crucial role.
This guide explains:
- The cost of study at Oxford
- Available scholarships and financial awards
- Student loan options for domestic and international students
- How to apply and maximize your chances of funding
Whether you’re pursuing undergraduate or graduate study, this article provides everything you need to plan your finances and get the best possible support.
Oxford Tuition & Living Costs: What Scholarship Students Should Know
Tuition Fees (2025/2026 estimates)
Undergraduate Students:
- UK students: £9,250 per year
- International students: £28,000 – £45,000 per year (varies by course)
Graduate Students:
- Master’s programs: £17,000 – £40,000+
- Doctoral programs (DPhil): £19,000 – £42,000+
Tuition costs depend on the course, department, and student status (UK/EU & Overseas).
Living Costs (Accommodation, Food & Personal Expenses)
Oxford is not a low-cost city. Students should budget for:
- Accommodation: £8,000 – £12,000 per year
- Food & daily living: £3,000 – £5,000
- Books & materials: £500 – £1,000
- Miscellaneous (transport, social): £2,000 – £3,000
Total estimated living costs can range from £13,000 – £22,000 per year depending on lifestyle.
Why Scholarships at Oxford Matter
Even before tuition and living costs are considered, applicants often search for:
- Oxford University scholarships for international students
- Fully funded scholarships Oxford
- Financial aid Oxford cost of study
Oxford offers a suite of scholarships that can dramatically reduce or even eliminate your cost of study.
Oxford University Scholarships: Types & Key Awards
1. Rhodes Scholarship (Fully Funded)
One of the most prestigious scholarships in the world, the Rhodes Scholarship covers:
- Full tuition fees
- Living stipend
- One-year travel stipend
- Settlement allowance
It is highly competitive and awarded to outstanding international students.
Who can apply? Exceptional students from eligible countries with strong academic records and leadership credentials.
2. Clarendon Fund Scholarships
The Clarendon Fund supports graduate students with:
- Full tuition fees
- Annual stipend for living costs
- No separate application (automatic consideration with Oxford graduate application)
Clarendon is one of Oxford’s largest scholarship schemes and extremely competitive.
3. Reach Oxford Scholarships
Designed for international students from low-income backgrounds, Reach Scholarships provide:
- Full tuition fees
- Living costs
- One return airfare ticket
This award targets students who would otherwise be unable to study in the UK.
4. Commonwealth Scholarships
Funded by the UK government, Commonwealth Scholarships support students from Commonwealth countries with:
- Tuition fees
- Living stipend
- Travel costs
These scholarships help strengthen educational links between the UK and Commonwealth nations.
5. Weidenfeld-Hoffmann Scholarships and Leadership Programme
This global scholarship targets future leaders and offers:
- Full or partial tuition coverage
- Maintenance grants
- Leadership training opportunities
It is open to outstanding graduate applicants with clear leadership potential.
5. Weidenfeld-Hoffmann Scholarships and Leadership Programme
This global scholarship targets future leaders and offers:
- Full or partial tuition coverage
- Maintenance grants
- Leadership training opportunities
It is open to outstanding graduate applicants with clear leadership potential.
How Much Can Scholarships Reduce Your Cost of Study?
Depending on the scholarship:
| Scholarship | Tuition Coverage | Living Costs | Other Benefits |
|---|---|---|---|
| Rhodes | 100% | Full stipend | Travel + allowances |
| Clarendon | 100% | Annual stipend | – |
| Reach Oxford | 100% | Full stipend | Travel |
| Commonwealth | 100% | Stipend | Travel stipend |
| Weidenfeld-Hoffmann | Full/Partial | Varies | Leadership support |
| College Awards | Varies | Varies | – |
Scholarships can eliminate tuition costs entirely and provide support for living expenses, making Oxford affordable for many students.
Student Loan Options: Filling the Gap
Not all students receive full scholarships. For those who need additional funding, student loans are another key part of financial planning.
Loans for UK Students
UK students can access government-backed loans for:
- Tuition fees
- Maintenance (living costs)
These loans are repaid after graduation based on income thresholds.
How to Apply for Oxford Scholarships
Step 1 – Choose Your Course
Start by applying to an Oxford undergraduate or graduate program.
Step 2 – Check Scholarship Eligibility
Review eligibility criteria for each scholarship.
Step 3 – Prepare Supporting Documents
Common requirements include:
- Academic transcripts
- Personal statement
- Letters of recommendation
- CV/Resume
- Standardized test scores (if required)
Step 4 – Submit Applications on Time
Deadlines vary by scholarship and course early preparation is critical.
Tips to Maximize Scholarship Chances
🎯 1. Apply Early
Many Oxford scholarships close months before the academic year begins.
📑 2. Craft a Strong Personal Statement
Highlight your goals, academic excellence, leadership, and financial need (if applicable).
🧑🏫 3. Get Strong References
Oxford values academic endorsements that speak to your potential.
🌍 4. Focus on High-Impact Scholarships First
Awards like Rhodes and Clarendon are intensely competitive but provide the highest funding.
Final Thoughts: Turning Oxford Dreams into Reality
Studying at the University of Oxford is one of the most competitive yet rewarding academic goals in the world. Financial concerns should not deter talented students with a range of fully funded scholarships, partial awards, and loan options, it’s possible to fund your degree with minimal personal cost.
Whether you’re a high-achieving undergraduate applicant or a dedicated graduate student, careful planning and early application can unlock funding that makes Oxford affordable.