Having enough money at university is always a concern for new students, but planning ahead and being sensible will help you feel more confident about your financial situation. It is important to work out your student budget before you start your studies, so that you have an idea of how much money is available for you to live off. Once you arrive at Plymouth, you should update your budget with the actual amounts that you receive and spend. It will usually take a couple of months to settle in to a spending routine so you will need to be careful, especially during those exciting first few weeks. In order to budget effectively you should work out how much money you’ll receive from loans, grants and any other funding sources such as the National Scholarship Programme. Then you can work out where this money is going to be spent.
During your time at university you will have various costs, which you will need to budget for: