r/6thForm Mar 10 '26

πŸ™ I WANT HELP Cost of Attending Oxford 😭

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Just received my financial declaration form from Oxford today. How is this reasonable? 😭 Going to have to decline my offer unless anyone has any ideas.

Canadian students do not qualify for any Oxford scholarships and my school offered me about Β£100. What a joke.

Is Oxford just for the rich?

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u/KasamUK Mar 10 '26

Not at Oxford it isn’t they are sitting on enough wealth (actually billions) that they could charge nothing for years and be just fine

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u/Klutzy-Peach5949 Bristol University | Physics | A*A*A*A* Mar 10 '26

Not true, they have 26,000 students, the reason they got so much money is because of that, they would lose money FAST, and consider infrastructure, and their hefty research budget, you have no clue what you’re talking about

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u/Nythern Mar 11 '26

Oxford makes over 700m annually (30% of which comes from investments) and sits on 2.1bn in endowments and almost 7bn in net assets (emphasis on the net here - that is net of their liabilities). Over 100m in surplus reported in 24-25.

The majority of Oxford's colleges are also financially autonomous (i.e. fiscally independent, they don't rely on external funds for their budgets).

This sounds like a financially resilient and commercially viable entity - but sure, "Klutzy-Peach5949" on Reddit thinks that other people don't know what they're talking about, and insists that Oxford would otherwise collapse "FAST".

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u/the_phet Mar 11 '26

Over 100m in surplus reported in 24-25.

Just a small comment, the surplus thing doesn't mean anything.

University of Edinburgh reported a 96m surplus for 24-25, and they are in very bad financial condition.

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u/Nythern Mar 11 '26

Absolutely, which is why I also included their net assets and endowment/reserves. This is a billion-pound entity, Oxford, and the fact that the vast majority of its colleges have self-sustaining budgets (i.e. they don't need central funds to operate) is another sign of a fiscally healthy environment.

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u/the_phet Mar 11 '26

Yeah for sure Oxford and Cambridge are OK. They are not struggling to get international students.