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UK Student Living on a Budget: Tips for Saving Money and Finding Student Discounts 2023

8 min

Ultimate Guide to Student Life Budget in the UK: Tips to Save Money and Find the Best Discounts

As an educational consultant at UNIQ Study Hub, one of the most common questions we receive from international students planning to study in the UK is about the cost of living. It’s no secret that studying in the UK can be expensive, and managing your finances can be a daunting task for many students. However, with the right approach, it’s possible to make your money stretch further and enjoy a fulfilling student experience without breaking the bank.

In this article, we’ll explore the various living costs that students can expect to encounter in the UK, as well as some tips for saving money and making the most of student discounts. We’ll cover everything from accommodation and transportation to food and entertainment, providing practical advice that can help you manage your finances and achieve your academic goals without worrying about money. So, whether you’re a new student or a seasoned veteran of university life, read on to discover how you can make the most of your time in the UK without overspending.

Student Expenses: How to Manage Your Finances as an International Student in the UK

As a student, managing expenses can be a challenging task. Whether it’s tuition fees, accommodation costs, or day-to-day living expenses, the financial burden of studying can add up quickly. For international students studying in the UK, the cost of living can be particularly high. In this paragraph, we will explore some of the common expenses that students face while studying in the UK and provide some tips on how to manage these expenses effectively.

As an international student, there are several expenses you may incur when planning to study in the UK. These can include:

  1. Tuition fees: This will vary depending on the university, course and level of study. For undergraduate courses, tuition fees can range from £10,000 to £30,000 per year, while postgraduate courses can cost between £10,000 to £40,000 per year.
  2. Accommodation: International students have the option of living on-campus in university accommodation or off-campus in private accommodation. The cost of university accommodation can range from £5,000 to £12,000 per academic year, while private accommodation can cost around £6,000 to £10,000 per year.
  3. Living expenses: This includes food, transportation, books, and personal expenses. As mentioned in my previous answer, this can vary depending on the location, but international students should budget around £900-£1200 per month for living expenses.
  4. Health insurance: International students are required to have health insurance coverage while studying in the UK. This can cost between £150-£300 per year.
  5. Visa fees: International students will need to pay for a student visa, which currently costs £348 for a Tier 4 (General) student visa.
  6. Flights: The cost of airfare will depend on your home country, but international students should budget for a round-trip ticket to the UK.
  7. Other fees: Additional fees may include application fees, exam fees, and other administrative fees.

It is important to note that the above costs are estimates and will vary depending on the university, location, and personal spending habits. It is recommended that international students thoroughly research and budget for all potential expenses before studying in the UK.

Student Living Expenses in the UK: Save Money on Everything from Fashion to Travel”

As a student, finding ways to save money is essential. One way to do this is by taking advantage of student discounts. Many retailers, restaurants, and businesses offer discounts exclusively for students, which can help you save a significant amount of money on your everyday expenses. In this paragraph, we will explore the benefits of student discounts and provide tips on how to find them.

There are several ways to search for student discounts while studying in the UK.
Here are a few methods:

  1. Student discount websites: There are several websites that offer a range of discounts and deals for students, such as UNiDAYS, Student Beans, and NUS Extra. These websites require you to create an account and verify your student status with a valid student ID.
  2. Student union: Your university or college may have a student union that offers discounts on various products and services. Check with your student union to see what discounts are available.
  3. Retailers: Many retailers offer student discounts, but they may not advertise them prominently. Ask at the checkout or customer service desk if they offer a student discount.
  4. Local businesses: Check with local businesses in your area to see if they offer student discounts. This can include restaurants, cafes, and shops.
  5. Social media: Follow your favorite brands on social media and keep an eye out for special offers and discounts. Some brands may offer exclusive discounts to their social media followers.
  6. Public transport: Many public transport companies offer discounted rates for students. Check with your local transport provider to see what discounts are available.

By using these methods, you can find a range of student discounts that will help you save money while studying in the UK. Always remember to carry your student ID with you to take advantage of these discounts.

Student Life Budgeting in the UK: How to Stretch Your Budget and Save on Living Expenses

As a student in the UK, it’s important to manage your finances carefully to avoid overspending and ensure you have enough money to cover essential expenses. This is especially true for international students who may face additional costs such as visa fees and travel expenses. However, there are many ways to save money and make your budget go further. In this paragraph, we will explore some of the best money-saving tips for students in the UK, including how to budget effectively, find affordable accommodation, and take advantage of discounts and free activities.

Money-Saving Tips for Students in the UK: How to Stretch Your Budget and Save on Living Expenses

Here are some money-saving tips for international students in the UK:

  1. Budget wisely: Plan out your monthly expenses and stick to a budget. This will help you avoid overspending and ensure you have enough money to cover your essential expenses.
  2. Cook your own meals: Eating out can be expensive, so try to cook your own meals at home. Buy groceries in bulk and plan your meals in advance to save money.
  3. Use student discounts: Take advantage of the various discounts available to students, such as discounts on travel, food, entertainment, and shopping. Make sure to always carry your student ID with you.
  4. Shop smart: Look for deals and discounts when shopping for essentials like clothes, toiletries, and school supplies. Shop at budget stores or thrift stores to save money.
  5. Use public transport: Public transportation in the UK can be expensive, but buying a travelcard or using a student discount can help you save money. Consider walking or cycling when possible to save even more.
  6. Take advantage of free activities: Many museums, galleries, and parks in the UK are free to visit. Take advantage of these free activities to explore the city without spending money.
  7. Find a part-time job: If your visa allows it, finding a part-time job can help you earn extra money to cover your expenses. Many universities have job boards or career services that can help you find part-time work.
  8. Share accommodation: Consider sharing accommodation with other students to save on rent and utilities. This can also be a great way to meet new people and make friends.
  9. Avoid unnecessary expenses: Try to avoid unnecessary expenses like impulse purchases, excessive drinking or partying, and expensive hobbies. Focus on your studies and enjoy the many free or low-cost activities available to you in the UK.

By following these money-saving tips, you can enjoy your time studying in the UK without breaking the bank.


In conclusion, being a student in the UK can be expensive, but it doesn’t have to be. By following the tips discussed in this article, you can manage your living expenses, save money, and make your student life more enjoyable. Budgeting wisely, finding affordable accommodation, taking advantage of student discounts, and enjoying free activities are just a few ways to make the most of your time as a student in the UK. With careful planning and a bit of discipline, you can manage your finances effectively and enjoy a fulfilling student life in this vibrant and diverse country. Remember, there are always ways to save money and make your budget go further, so don’t be afraid to explore new opportunities and try new things!

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