Living costs
Before coming to university, it’s important to consider the costs associated with university life.
Know your income
Before you work out how you are going to spend your money, you will need to understand what level of income you are going to have.
As a student, you may receive income from a range of sources, including funding from the government (home fee-paying students), bursaries (home fee-paying students), scholarships, family or friends, your own savings, or a part-time job. You can visit our funding web pages or use our Student Funding Calculator to help you work out how much you may be entitled to if you haven’t done this already.
Undergraduate fees and funding
Funding for postgraduate taught courses
Costs
Your living costs will vary depending on your lifestyle but we do have some guidance to help you work out what your own expenses may look like. It's important to be aware that prices may change during your studies for a range of reasons, such as the rate of inflation or due to increased demand.
Accommodation
If you are moving away from home, the cost of accommodation is a really important factor to consider when looking at your finances.
Most students are guaranteed a room in our University accommodation, as long as they apply before the deadline. Your rent covers your utility bills, contents insurance and internet. There is a range of accommodation to choose from to suit different budgets; rent figures can be found online.
University of 91̽»¨ accommodation - rents
A TV Licence is not included in your rent and you should check whether you need to pay for one.
You can also choose to live in private accommodation; many students choose to do this after their first year of university. Smart Move 91̽»¨ is run by the University and all properties on their search facility have been inspected by 91̽»¨ City Council.
Remember, if you choose to live in private accommodation, your bills may not be included - make sure you factor this into your budgeting.
Even if you are planning to live at home, your family may be expecting you to contribute financially - make sure you discuss this with them before planning your budget!
Travel
Depending on where you live, you may need to catch public transport to travel to University.
If you are planning to commute via train, consider whether it would save you money to buy a railcard. It’s worth noting that some student bank accounts may include this when you open a student bank account with them - please refer to the section subtitled ‘Opening a student bank account’ for more information.
There are also a range of student tickets for the bus and tram in 91̽»¨ that may be suitable for you. Find out more information on the local travel websites.
When looking at the type of student tickets you can purchase, consider how often you will need to be on campus - remember that our University accommodation is within walking distance!
You can earn rewards for travelling to the University on foot, by bike or by using public transport using the BetterPoints app.
If you commute by car, you may also want to consider car sharing: you could share with a coursemate or check out apps like Spareseat, a ride-sharing app for UK students. You could also use an app like this when planning journeys to family or friends.
Course-related costs
For clarification about what is included in your tuition fee and what costs are excluded from this that you may need to consider, you can find out more information on our website.
Tuition fees and additional costs
Don’t forget that you may be able to use University resources to help reduce costs, ie check the University Library’s catalogue for textbooks you may need for your course which may be available to borrow at no cost.
You could also check out book shops or online stores to see if textbooks are available second-hand.
You may also find it useful to visit your department or course page to check for details of any specific costs.
Other costs
You should also consider any other costs, such as food, toiletries, clothes, laundry, social activities, your mobile phone and insurance. If you have children, childcare costs or nursery fees also fall into this category.
Costs can vary depending on where you shop, what you buy, and the other ways that you spend your money. Save the Student publish the results of their annual National Student Money Survey, providing figures for expected average living costs based on information that current students have provided. Some key average costs are highlighted below:
| Expense | Cost per month |
|---|---|
| Groceries | £144 |
| Transport | £65 |
| Going out | £51 |
| Takeaways and eating out | £48 |
| Clothes and shopping | £32 |
| Mobile phone | £16 |
Please refer to their website for more details about the figures and tips and advice on spending.
Tips:
- Check out the different loyalty schemes available at different supermarkets and compare supermarket prices.
- Try to plan your meals and stick to a shopping list, rather than doing your shop on an empty stomach or spontaneously ordering food often.
- Use a Community Fridge, a space where anyone can share food to combat food waste, either by bringing food to leave in the fridge or by taking food from the fridge to use themselves. We have some in residences and at the Student’s Union.
University of 91̽»¨ accommodation - Community Fridge
- The University’s cafes and bars use the GeniUS reward scheme; sign up and keep your eye out for offers and discounts.
- Buy second-hand where you can; it’s better for the environment too! Our Students’ Union also has a clothes Swap Shop where you can refresh your wardrobe at no extra cost.
- You may be eligible to apply for the NHS Low Income Scheme (LIS), which may help you cover prescription costs. You may also wish to buy a NHS Prescription Prepayment Certificate (PPC) if you need multiple items over the course of a year. Find out more information about help with prescription costs on the NHS website.
- Make sure you check what, if any, insurance is included with your accommodation and get additional cover if required - particularly for things like a mobile phone and/or laptop.
- Refer to the ‘Managing your money’ section for more information about how you may be able to benefit from a student bank account and student discounts to help reduce your spending.
Information for international students
If you are an international student, you will also need to consider additional costs, such as those for a visa or travel to another country.
The British Council provides some information on their website for international students considering coming to the UK to study.
Managing your money
Budgeting
Once you know your income and have considered what outgoings you are going to have, you can start to plan your budget in more detail. When making a budget, it’s important to work out what you need to spend your money on first before considering what you may want to spend your money on.
- Add up your income.
- Deduct your essential outgoings.
- Whatever is left over is for you to spend on the things that you want.
If you find that your outgoings exceed your income, consider whether this can be increased, eg through part-time work, or whether you can reduce your expenditure in some areas.
We have a Money Planner that you can use to help you with your budgeting.
Alternatively, your bank may have a tool you can use or there are various platforms online that have budgeting tools available; there is also a lot of great support online to help you with budgeting and provide advice on how to be financially savvy.
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It's also important to consider what you may do in the case of an unforeseen issue or emergency: having some emergency savings helps you to prepare for unexpected expenses, so we'd encourage you to account for putting some money away into savings on a regular basis within your budget if you can.
Opening a student bank account
Student bank accounts are designed for those in higher education. It’s worth checking out what is available as student bank accounts can often include benefits which can really help you out.
Students from the UK
Sites like Money Helper, Money Saving Expert and Save the Student have useful web pages to help you compare the accounts that are available.
If you do change your bank account, remember to keep your student finance details updated so that any money you’re expecting goes to the right place!
International students
The offers available to international students may vary so check terms and conditions for full details.
Student discounts
Student discounts are offers on a product or service that are only available to students. Usually you will need to show a student ID or Totum card, or sign up using a university email address.
You can find student discounts at a range of shops and services, including streaming services such as Spotify. Have a look online to see what’s available - if in doubt, ask!
Cost of living support at the University of 91̽»¨
The University provides information and updates from the University in response to the rising cost of living. Find out more information about all the support on offer from the University and Students’ Union on the University web pages, including details about free facilities and Students’ Union offers and discounts.
Cost of living support for students
Scams
Scams can come in many forms but generally they involve someone trying to steal something (often money) from you.
It’s important that you know how to spot the signs of a scam and the most effective methods to protect yourself and your money. The University has some information for our students about protecting yourself from scams on our web pages.
Protecting yourself from scams and fraud
Money Helper also has a really helpful beginner’s guide to scams.
You may also find the following information useful:
- is the UK’s national reporting centre for fraud and cybercrime. Their web pages include information about types of fraud to look out for and how to report fraud if you have been scammed, defrauded or experienced cyber crime in England, Wales and Northern Ireland.
- Your bank will normally provide information and guidance about how to protect yourself from fraud; search their website for more information.
Further information and advice
The latest edition of the Student Money Matters magazine by the National Association of Student Money Advisers (NASMA) can be found on their web pages: this usually includes articles related to student finance, budgeting, and managing your money.
If you need to discuss your financial situation with someone, you can contact the Student Advice Centre in the Students' Union (both prospective students with an offer and current students).
They have also provided some useful money management information online, available to all.
If you are a prospective student and have any other general enquiries, you can find out more information about the different ways of contacting us on this web page.
International scholarships
We offer a generous package of financial support for international students, including undergraduate and postgraduate taught scholarships worth £10,000 towards the annual tuition fee.
Applications are open for existing offer holders for programmes starting in autumn 2025.