Budgeting

How to work out a budget for your life at university

It's important to spend some time thinking about how to manage your money and a good way to begin is by drawing up a budget. 

  1. You can start by taking a look at our estimated living costs.
  2. Then think about what income you will receive from different sources such as student loans, awards, family and part-time work.
  3. You will then be able to work out whether there is likely to be a shortfall between your income and expenditure.

There is a range of online tools and resources that may also help:

Save the Student

A student money website for university students on all things to do with money and student finance

The International Student Calculator

A tool to help you build a budget for studying and living in the UK.

You Need a Budget (YNAB)

Take control of your money..... sign up for a free year and get your finances under control

UCAS

Offers advice and tips on student budgeting

MoneySavingExpert

A budget planner with advice on how to cut your outgoings

Blackbullion

A student money guide for all new students