Your finances

Our ambition is to ensure that no one is deterred from studying here because of their personal circumstances or finances. Very few of the costs are paid upfront, and there is lots of financial support available for those from the UK, not just from government but also generous funding from Oxford.

Oxford is... sharing the cost

Costs

The two main costs you will need to think about are living costs, which include food, accommodation and your social activities, and course fees, which are what you pay for your academic teaching and facilities.

Course fees

Did you know that an Oxford degree costs the same as most UK universities? If you are a Home student undertaking your first undergraduate degree, current University policy is to charge fees at the level of the cap set by the government, which for 2026/27 will be £9,790. In the 2027/28 academic year, course fees for Home fee status students will rise to £10,050 (in line with the government fee cap). You can apply for government funding, which covers course fees and contributes to living costs. These loans are not expected to be paid back until after graduation, if you earn above a set amount, and there is a greater level of funding available for those from lower-income households.

Living costs

Your living costs can vary significantly dependent on your lifestyle. These are estimated to be between £1,405 and £2,105 per month in 2026-27. Each academic year usually consists of three terms of eight weeks each, but you may need to be in Oxford for longer.

Funding

Oxford offers one of the most generous financial support packages available to UK students from lower-income households providing over £11 million of financial support. Around 1 in 4 UK students currently receives an annual, non-repayable bursary or scholarship from Oxford.

Crankstart Scholarships

Students starting their studies here in 2026 with a household income of £7,500 or less will receive an annual bursary of £6,270. Those with a household income of between £7,500 and £23,500 will receive an annual bursary of £5,410. Extra support of up to £3,500 is available for students with additional needs such as those who are care-experienced or studying without family support.

Oxford Bursaries

If you are a UK resident studying for your first undergraduate degree and you are not eligible for, or do not take up a Crankstart Scholarship, you will be eligible to receive an annual non-repayable Oxford Bursary of up to £4,320 to help with the cost of studying and living in Oxford.

Travel supplement

If you live more than 80 miles from Oxford within the UK, we will help with your travel costs between your stated home address and Oxford. If you are a Crankstart Scholar or an Oxford Bursary recipient, you will automatically receive a non-repayable annual Oxford Travel Supplement of £220 if you live between 80 and 150 miles from Oxford. If you live more than 150 miles from Oxford, you will receive an annual Oxford Travel Supplement of £550.

Do you know how much funding support is available for our UK students?

Around one in four UK students at Oxford currently receives a non-repayable annual bursary.

Read about Oxford's student funding

Is your household income £23,500 or less?

From mid-September each year, all students who have been resident in the UK for a period of at least three years (not for the purposes of education), commencing their first undergraduate degree and with a household income of £32,500 or less will be offered a Crankstart Scholarship.

Find out if you are eligible for a Crankstart Scholarship