Budgeting for student life
Your living costs in the UK will vary according to your individual circumstances. These include how much your accommodation and travel costs are, what you spend on groceries and other household items, and how much money you plan to spend on personal costs like clothing and entertainment. You may also have costs associated with your course, such a text books or materials.
Read about the typical costs for accommodation and other items.
You can watch Felipe's video (on the right) as he shares his best money-saving tips for budgeting through both undergraduate and postgraduate study.
As part of your Student visa application, you’ll need to demonstrate that you have sufficient funds to cover your monthly living costs. Please note that living in Âé¶¹´«Ã½AV may be more expensive than in other parts of the UK, so we recommend planning your budget carefully.
We strongly recommend you make a budget to help you plan your finances. You may wish to use a to do this. Some online bank accounts like Monzo and Revolut allow you to set up ‘pots’ or ‘vaults’ to divide your money into. This can be helpful if you will be receiving your funding all in one go, or every three months.
Cost of living in Âé¶¹´«Ã½AV
We know the cost of living is an important part of your student experience. That’s why we’ve created a number of useful guides packed with practical tips, advice, and resources to help you manage your money and make the most of your time in Âé¶¹´«Ã½AV.
You can explore practical ways to budget by reading our budgeting for student life page, with videos and cost breakdowns to help you start planning your finances while you are in the UK.
You can also watch international student Ally's shopping on a budget in Âé¶¹´«Ã½AV video (on the right). Ally shows you the best places to shop for household items as a student on a budget.
Working during your studies
If you are studying a degree level course at the university you will be permitted to work a maximum of 20 hours per week during term time. If you are studying at below degree level you will be permitted to work a maximum of 10 hours per week during term time. See our guidance on Student Route and the right to work for more details.
Many of our international student community work, and we have a Careers Service who can advise you on applying for part time work. However, the main purpose of your visa is to undertake full-time study and any paid or unpaid work you undertake should not interfere with your studies.
It is not viable to rely on income from paid work to fund your studies and you should ensure that you have made adequate provision to fund your course in advance. This is because you are not guaranteed to find part time work which offers you up to the permitted number of hours a week as this kind of work is in high demand in the UK currently.
Hardship funding
We have a small hardship fund for international students who experience short-term financial difficulties once they have begun their course. In all cases, you will be expected to demonstrate that these difficulties are unexpected and temporary.
Read more about our hardship fund: International Student Hardship Fund.
Myth busting
We have included below some of the ‘myths’ we have heard from our international students about the cost of living and working in the UK.
Myth: You only need to have the money required by UKVI to get your visa – you don’t really need to have the full amount available when you get to the UK.
Busted: Aside from the requirements of the visa application, You will need the full amount and more. Check our information on the cost of living in Âé¶¹´«Ã½AV to help you draw up a realistic budget while you are studying in Âé¶¹´«Ã½AV.
This means in reality you will need to have access during your course to much more money than you have demonstrated in the visa application.
Myth: There is an abundance of well-paid, part-time work in the UK.
Busted: You cannot rely on being able to work to pay for your studies. Part-time work is available in Âé¶¹´«Ã½AV, but it is in high demand due to the cost of living increase. You are not guaranteed to find work, and you cannot rely on being able to work to pay for your studies.
Myth: I am a postgraduate student, I know I can work 20 hours per week in term time, and full-time hours in the university vacation.
Busted: Postgraduate courses do not follow the same term dates as undergraduate students do. For postgraduate students starting in September you will be limited to working 20 hours per week until you have completed your course. See our guidance on working with a Student visa for more details.