Facts:

• Mr. A is a resident Indian.
• He wants to remit GBP 300,000 to the UK for medical studies.

What does the law say?

• Liberalised Remittance Scheme (LRS):
  Resident individuals can remit up to USD 250,000 per financial year (April to March) for permitted transactions including education abroad.
• Remittance beyond USD 250,000:
  Normally, remittances exceeding the LRS limit require prior approval from the RBI.
• Exception for education abroad:
  According to RBI Master Directions, Authorised Dealer (AD) banks (Category I and II) may allow remittances exceeding USD 250,000 without prior RBI approval, if supported by an estimate/fee structure received from the foreign educational institution.

Conclusion

• Mr. A can remit GBP 300,000 for his studies abroad.
• He must obtain an official fee estimate from the university or institution abroad.
• Submit this estimate to the authorised dealer bank while making the remittance.
• The bank can allow the remittance without needing prior RBI approval based on the estimate.

If you want, I can help draft the request to the university or guide you on documentation needed for the bank.