Study abroad and work placements

A year abroad as part of your studies can be an exciting and invaluable experience. Before you decide, there are cost and funding implications of a year abroad or work placement to think through.

Find out about some of the typical expenses of a period abroad, and about loan, scholarship and grant options.

Study Abroad and Work Placement funding information

Detailed information on SFE funding for a study abroad or work placement year, including facts and figures, how to apply for the loan, the SFE Travel Grant, late transfer onto a course.

Calculating the cost of work placements

Whether you thinking about a work placement in the UK or abroad, there are certain costs you should consider before you start your placement.

UK and EU student tuition fees and maintenance loans - eligibility and amounts

If you're a UK or EU student and your course includes a placement year - studying abroad or working, either abroad or in the UK - your funding will change for the year.

Applying for your student loan

You can apply for both a Maintenance Loan to help pay for living costs while studying abroad or on a work placement and a loan for the Tuition Fee.

Erasmus+ grants

If you will be on a work or study abroad placement in a European country anytime throughout the 2020-21 or 2021-22 academic year, you may be eligible for an Erasmus+ grant to supplement your student loan. There will not be Erasmus+ funding for students studying or working in Europe from 2022-23 onwards. 

Study abroad scholarships

Some study abroad students may be able to apply for a scholarship to help meet the costs of studying overseas.

18+ Student Oyster Photocard

Students living in a London borough during term-time can apply for discounted travel with an 18+ Student Oyster photocard.