The annual expense in a good British University varies from £7000 to £18000 and in private colleges, (There are many independent colleges in London with affiliation to universities in UK and abroad). It should also be noted that there are many so called educational institutes, without proper recognition who could be dubious and fly by night operates, whose sole interest is purely commercial.

International students are allowed to open a bank account in the UK, and some universities require their students to have a UK bank account. In any event, a bank account is very helpful to have in managing your finances,So you should plan to open a UK account.

Travellers Checks are useful to make transactions in UK till you open a bank account in the country. It may take a few weeks of time to open a new UK account and transfer money into it from your home country bank account.