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Studying in the UK can be great value for money. UK courses are generally shorter than in the US and Australia, becauase they are more intensive. For example, full-time postgraduate master's courses are only one year, compared to two in many other countries.

Student finance basics

UK currency

The pound sterling (£) is the unit of currency in the UK. For current exchange rates, visit:


To help you manage the costs of your study, you can opt to pay your fees in instalments, once you have set up a UK bank account. If you are a prospective student who has accepted an unconditional offer to study on a taught master's course at Manchester, you will need to pay a £1,000 deposit (full details on how to do this will be sent to you directly).

Find out more about fees.

UK banking system

The UK has a national banking system and all the main banks have branches on our University campus. Most banks have officers with specific responsibilities for students, and often have special promotions to encourage students to bank with them.

Find out more about bank accounts.

Browse the rest of this section to get to grips with all aspects of student finance.