Setting a Student Budget

University is often the first time you are responsible for your own finances, such as rent, utility bills and weekly food shops. Combined with Student Finance maintenance loans and/or a part-time wage, setting a weekly student budget can help you stretch your pennies, and make the most of student life.

If you are using a UK student loan to study, your Student Finance maintenance loans and grants will arrive in instalments: it’s up to you to manage your money throughout each semester.

If you're worried about managing your money during your time at university, there are lots of resources available on our fees and funding page to help you budget. We also have a bespoke budgeting page that you can access once you’re a UEA student, as well as a dedicated Student Services team to support you when it comes to financial advice.

How to create a student budget planner for university

Topping up your uni budget

One of the most common ways to increase your monthly budget is to take on a part-time job. Restaurants, cafes and retail shops all commonly hire students on flexible contracts to fit around their studies, and any working visa requirements international students might have.

Students that find themselves in need of new clothes might benefit from selling their old wardrobe on Vinted or Depop. These services can help you top up your bank account, help you stay sustainable, and put some pounds towards your next shopping trip.

To help you stretch your budget even further, many eateries and shops offer student discounts. Apps such as UNiDAYS and websites like Save The Student offer discounts at retail stores, on food and drink, and even gym memberships, all exclusive to university students. Keeping an eye out for these discounts can help you save as you settle into your student life.

Budgeting for international students

It’s possible for international students to face additional challenges when it comes to uni budgets, accounting for flights and visa applications. Some students may also find it hard to manage their finances in an unfamiliar currency, with exchange rates to also consider.

Make sure to plan these expenses into your budget before you move to university, so you aren’t hit with unexpected costs on arrival. Building up a solid understanding of UK currency and banking will help you learn how the UK system works before you arrive.

Support from Student Life Finance

Once you’ve registered as a student at UEA, you’ll have access to our Student Life Finance team, who are dedicated to supporting you with your financial situation. Our finance advisors can offer guidance on setting a student budget, and hold budgeting workshops throughout the year to help you balance your finances.

With a bit of practice, budgeting will become a natural habit in your everyday life. If you’re still worried about student budgeting, our cost-of-living guide also offers support and guidance to those in need.