Funding your course
What will it cost?
Prospective applicants are naturally anxious about the costs of a university education but a wide range of financial support is available, the level of which is dependent on your fee status and household income.
The details of the course fee for UK and EU students and the financial support available to you can be found on the University’s Fees and funding web pages.
- Oxford Bursaries: around 25% of Oxford’s UK and EU undergraduate students receive an annual non-repayable Oxford bursary of between £500 to £3,200, depending on household income.
- Crankstart Scholarships: if you are a UK resident and your household income is assessed as being £5,000 or less, you will receive an annual bursary of £5,000. If your household income is between £5,000 and £27,500 you will receive an annual bursary of £4,200.
- There is also significant additional support for UK care leavers and UK estranged undergraduates studying without family support.
- Potential applicants from outside the European Union should look at the section of the website dedicated to international students.
In addition to course fee you will need to budget for living costs. These include your accommodation and food, and general living expense such as books, clothes, travel, and socialising. An overview of the estimated living costs for an undergraduate at Oxford is available on the University website. For information on the accommodation and food costs at Magdalen please click here.
Financial support from Magdalen
Magdalen aims to ensure that if you are offered a place at the College, you should not be prevented from taking up that place or completing your studies for lack of funds.
We are able to offer a significant amount of financial support to students who are experiencing financial hardship and this support comes from a number of sources.
Student Support Fund: Each year, at least a quarter of our students benefit from our generous Student Support Fund, helping to cover the day-to-day costs of living and studying in Oxford. For many students, having access to the Student Support Fund is vital to ensuring they can complete their studies without financial worries. The Student Support Fund is now assisting around 100 of our current students each year.
“I come from a state school background in the north of England, so coming to Oxford was a huge change for me. But College were able to help me through the Student Support Fund. Having access to the Fund has allowed me to concentrate on my studies without the stress of money worries, and I’m really grateful for that.” (Amanda Turner (2015), BA History)
We also give a large number of Scholarships, Awards, and Prizes. These are awarded for academic excellence and range from £40 to £350. In addition, all Magdalen students are entitled to a substantial Travel Grant if they wish to undertake travel which has a direct bearing on their course of study, and all undergraduates are now entitled in addition to a Research Grant for projects related to their course, thanks to the contributions of old members of the College to the Annual Fund. The College also awards a small number of grants for travel that is less directly concerned with the course of study. Finally, Magdalen awards its students a substantial amount in Vacation Study Grants every year.