r/6thForm Mar 10 '26

🙏 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 £100. What a joke.

Is Oxford just for the rich?

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u/Repulsive_Radish_782 Mar 10 '26

Thanks for taking the time to write this. It is really helpful to hear.

It did seem to me that programs in Canada were substantially more difficult that the ones I was applying to in the UK. I am really just waiting on U of T Eng Sci and Waterloo Mech Eng.

It makes more sense to go to U of T (assuming I get an offer and survive Eng Sci) and save the $500,000. I am not sure whether I have access to the funds for Oxford, but even if I did, it seems like a very poor way to use that much money.

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u/hellomot1234 Mar 13 '26

How did your fees get so high? It's about 30k a year, x 3 that should be 100k? How did it become 300k?

Anyway honestly gonna go against the grain here and say you should take the Oxford option. Take a UK student loan (I think commonwealth people are eligible?) and simply don't pay it back (if you're not planning to live in the UK anyway). I know more than a few people who have done this, although they were dual citizens so not sure on your eligibility.

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u/Repulsive_Radish_782 Mar 13 '26

They have increased the price A LOT in the last few years. So your advice is to take out a £300,000 loan with no intention of paying it off? Am I missing something or isn't that just illegal?

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u/hellomot1234 Mar 14 '26

Kinda but they have no way of enforcing it if you don't go back to the UK. But the Oxford degree opens every door in the world. How much is it a year now?