If you're coming to the UK to study for the first time, or are returning to university after a break from full-time education, it's sensible to set up a budget to help you manage your finances once you get here.
The information below is designed as a guide to your living expenses at university. You will be able to calculate your own personal budget once you know your outgoings.
|Expenditure||Per month||Per year||Notes|
|Rent (if you are living in university accommodation, this is paid in three equal instalments)||£6,684 - £9,812||Average rent for a standard room on a 50-week tenancy. Private rented accommodation tenancy agreements are usually 11 months. You can compare BU accommodation prices here.|
|Bills (gas, electric, water, sewerage and internet)||£0 (university accommodation)
£50 (non-university accommodation)
|£0 (university accommodation)
£525 (non-university accommodation)
|All of these bills are included in the cost of your rent if you are living in halls of residence/Unilet accommodation.
Otherwise, expect to pay around £50 per month.
|Local bus travel||£0 (university accommodation)
£25 (non-university accommodation)
|£0 (university accommodation)
£250 (non-university accommodation)
|An annual bus pass is included in your rent if you are living in halls of residence/Unilet accommodation.
Otherwise, it costs £250 for unlimited travel on specified BU and more bus routes for 90 days.
|Food, toiletries and household items||£245||£2,200||These figures are based on the National Union of Students cost of living survey. This figure will vary depending on the person and personal basic living costs.|
|Laundry costs||£13 - £26||£156 - £312||Launderette facilities in halls of residence are coin/card operated. Unilet houses are fitted with washing machines, so this is included in the rent.|
|Insurance for personal possessions||£70||We recommend you insure your personal possessions. This can also be paid monthly by direct debit.|
|TV licence||£157.50||You can also pay for your TV licence in weekly, monthly or quarterly instalments. Check whether you need one at the TV Licensing website|
|Course materials||£18 - £53||£210 - £630||For example, core textbooks, photocopying, stationery and other consumables. Please note that most facilities are available on campus and buying textbooks is not a mandatory for your course. Textbooks should be available in the library to hire for free.|
These figures are based on a 12-month period and have been gathered from a range of sources.
You may find one of the following online calculators can help you work out your budget:
If you're moving to Bournemouth to study, don’t forget that there are certain things you’ll need that won’t be provided by your accommodation. If you need to buy them, make sure you set aside some money to cover the cost. They include:
- Bedding (sheets, pillows, duvets)
- Towels and tea towels
- Cups, bowls and plates
- Cooking utensils and saucepans.
If you're moving into university accommodation or a shared house, you may just want to bring the bare minimum of kitchen equipment, cutlery and crockery as you and your housemates may decide to buy some of the essentials together and split the cost.