Student Budget Calculator

Managing your finances

Studying at university is a life-changing opportunity. Broadening your horizons, developing new skills and making lifelong friends are just a few of the priceless benefits you’ll experience.

Careful budgeting is key to making the most of your time at university. By keeping on top of your finances, you’ll have a more enjoyable and eye-opening experience.

Student budgeting

Budgeting is an essential part of financial independence, and it’s important for students to understand the need for budgeting. Budgeting helps students stay on top of their expenses and provides them with a better understanding of where their money is going.

Creating a budget gives you control over your finances and helps ensure you don’t spend more than you can afford. It also allows you to plan for future purchases or investments in order to reach financial goals.

Understand your income

The first step to planning your finances is to work out your total income, this includes any money you receive from scholarships, loans, grants, part-time work, savings and contributions from parents or guardians. The next step is to subtract your essential expenses away from your total income. The remaining money is what you can afford to spend on non-essential items and services.

For international students, tuition fees are likely to be the most expensive part of studying abroad. Other expenses include transportation, phone bills, health insurance, food expenses, holiday expenses, accommodation and more. Depending on your visa status, you may be able to have a part-time job whilst studying. This is usually for up to 20 hours per week during the semester and full-time during holidays. This is a great way to bring in extra income to help with your daily expenses. For extra support, most international students will have a dedicated advisory office at their university. They are there to help students with budget plans, part-time job information, and other related information. It’s a great idea to get their advice before making any decisions relating to your finances.

Student Budget Calculator


Mobile Phone & Internet

Travel & Transport

Food shopping


Going out

Interests & Hobbies


Personal Appearance

Other Expenses