Student Finance

Student Budget Calculator

Students can use this calculator to compare their actual income and expenditure to help them prepare a realistic personal financial budget.

Step 1 Student Expenditure

Monthly Accommodation costs

On campus accommodation  prices on the Canterbury campus range from £103 to £219 per week (2014/15).

Medway campus accommodation is £139 per week (2014/15).

Off campus accommodation prices are usually between £75 and £125 (per room). Prices can be higher depending on the facilities provided.


£
 
If you live off campus, you will have to pay for utility bills. This is usually between £10 and £20 per week.

Students do not need to pay council tax but they will need to get an exemption certificate.
£

Monthly Student living costs
On average, students can expect to spend around £35 a week on food.
£
On average, students spend around £35 a week on leisure and £150 a term on clothes.
£
Bus fares travelling in and around Canterbury can mount up, for cheaper alternatives, visit East Kent Fare Guides.

For students living on campus or locally to the University, cars are an unnecessary expense where the benefits do not outweigh the financial burden.
£
On average course costs are around £470 per year.
£

Other Monthly Student costs
For help with reducing your debt repayments please contact the student advice centre to book an appointment.
£
£  
   
£  

 

back to top

Step 2 Student Income

Student Support
Make sure that when you open a bank account it is a student bank account. These accounts normally offer an interest-free overdraft facility and often offer other perks such as railcards etc.  As with any bank account it's worth researching which bank is offering the best deal to suit you.
£
£  
e.g. Maintenance Grant, Special Support Grant, Parent's Learning Allowance, Disabled Students' Allowances, etc..
£
£  
£  

Other Income
£  
Students should work on a part-time basis to suppliment their income. Check the local papers for job opportunities. Alternatively you can join the Students' Union Job Shop for both on and off campus jobs.
£
£  
   
£  

 

 

back to top

Financial Summary

Monthly Income:
Monthly expenditure:
Monthly surplus:

 

Your lowest bank balance in the year will be

You must try and obtain additional funds to meet this shortfall, alternatively you should try and reduce your expenditure or increase your earnings.

 

Please see following links for budgeting and money saving tips:
Budgeting and Money Saving Tips

 

 

back to top

Financial Summary Table

Opening Bank Balance:

  Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Income (£)

Government Loans and Grants 

Kent Bursary/NSP or Scholarship

Parental income

Earnings Income

Other income 

Vacation income

 

                   

Total

 

                   
Expenditure (£)

Accommodation costs

Student living costs

Other student costs

Vacation costs

 

                   

Total

 

                   
Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Surplus/Deficit funds

 

back to top

Finance Department, The Registry, University of Kent, Canterbury, Kent, CT2 7NZ

Contact us - Students | Staff | External, or Fax: +44(0)1227 827024

Last Updated: 24/07/2014