Cost of living
When travelling to the UK to start your degree, remember to bring enough funds to cover the cost of living plus all your fees (including tuition and accommodation fees).
You will need access to funds until you have registered at the University and opened a bank account. Having a UK account means that you can take up a mobile phone contract, get paid for part-time work and pay your utility bills in a much more straightforward way
It can take 2 – 4 weeks to open a bank account in the UK, so bring a small amount of British pounds (GB£ sterling) for your day-to-day expenses. Once your bank account is opened, managing your day-to-day expenses will become a lot easier.
Living expenses
As part of your visa application, you will need to show £1,023 per month (for up to 9 months) for courses outside of London, however your actual living expenses may vary depending on your personal spending habits. We estimate that you can expect to pay up to £1,600 a month, to cover accommodation, bills, food and other living costs.
Below is a breakdown of this figure showing average costs.
- Food £200
- Laundry £40
- Telephone £20 (dependent on provider and contract)
- Travel £80 – £200
- Entertainment £60
- Rent £500 – £966 (dependent on location and quality of accommodation
Cost for rent will vary depending on if you live on or off campus and in a shared or single room. Some properties, including living on campus, will include the utility bills in the cost of your rent, so ensure you check to see what is included to get yourself an affordable contract.
If you are looking for family accommodation you will need around £1,150 – £1,450 + bills.
- Utilities (Lighting/Heating) £80 off campus £0 on campus (included in accommodation cost).
- TV License £13.25 (£159 per year for the whole residence)
- Childcare Costs 2 year oldtwo dayon campus
- Miscellaneous costs £80
You should also consider the cost of one-off purchases throughout the year, such as;
- Warm Weather Clothing £300 – £400
- Personal Computer or Laptop up to £1000
- Trips or holidays £500
Budgeting
There are many resources to help you keep on top of a budget plan. Once you have enrolled, you will find lots of budgeting tips and tricks on your student Infohub.
Here are some tips for managing your money when you arrive in the UK:
- Carry a water bottle and refill from the tap – lots of public spaces now offer free refill stations
- Set up direct debit bills – just make sure you always have the correct amount in your account, otherwise you could be charged an overdrawn fee.
- Look into which transport is the most convenient and cheapest, and make sure you use concession ticketing
- Buy a British SIM card for your phone
NUS Card can be applied for via the NUS website for student discounts in many major high street stores.
You can apply for a rail card or coach card for discounted travel tickets.
By entering your university login details on the Unidays website, you can unlock a multitude of discount codes for retail stores.
Similar to Unidays, Student Beans offers discount codes after logging into your university portal via their website.