Budgeting advice
Whilst at university it is advisable to try and manage your money and get in the habit of doing this early on.
It's a good idea to set yourself a budget. Try our simple
budget planner| to get an idea of your income and expenditure whilst you're at university.
Your income as a student
This is generally made up of:
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Maintenance Loan
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Maintenance grant
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University bursary
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Extra grants (if have dependants)
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Benefits (if have dependants)
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Part time work
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Student overdraft
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Help from family/friends
General expenditure whilst at university
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Rent
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Bills / utilities
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Food
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Clothes
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Course equipment / trips
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socialising
All will depend on individual circumstances.
When you have an idea of costs, you can begin to work out your own personal budget to ensure you can pay for the essentials without worrying.
You should:
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be realistic about your spending patterns and avoid underestimating
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include occasional payments such as haircuts
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write things down in a 'spending diary' each week
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spend more time balancing your budget
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remember your overdraft is a limit and not a target
If you need help with your budgeting, please come and see either our Money Adviser| or Student Funding Advice team|. We also have a range of leaflets| providing information from debt collectors to using credit.
Discounts and ways to save money
As a student you will be able to obtain discounts on many different things. For details of discounts available for students visit:
Suggest a link
If you know of a good website relating to finance and money matters (students or otherwise), email us at student.funding@solent.ac.uk| and we'll try to add it to our list.
Disclaimer
Please note: The external links are intended as additional sources of information. Southampton Solent University does not endorse and accepts no responsibility for the content of any external links. Every effort has been made to ensure that the information contained on these sites is correct. However, Southampton Solent University cannot accept responsibility for situations, events or circumstances arising out of any individuals acting on information contained therein.
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