How to Save Money While Studying in the UK

13-May-2025

Pollstereducation

Study Abroad

How to Save Money While Studying in the UK

Studying abroad in the UK is a fantastic opportunity, but managing expenses can be a challenge, especially when you are living in one of the most expensive countries for international students. However, with careful planning and smart choices, it’s possible to save money while ensuring that your academic and social experiences remain top-notch. Here’s a guide to help you save money while studying in the UK.

1. Budget Wisely

Creating a budget is one of the most effective ways to control your finances while studying in the UK. Outline your monthly income and expenses to determine how much you can spend. Include:

Tuition Fees
Accommodation
Food and groceries
Transportation
Entertainment and leisure

Tracking your spending will help you avoid overspending and give you a clearer picture of where you can cut back.

2. Save on Accommodation

Accommodation will likely be your biggest monthly expense. However, there are a number of ways you can minimize this cost:

Student Halls vs. Private Rentals: Opt for university-managed student accommodation, which is often cheaper than private rentals, and you’ll avoid the hassle of dealing with landlords. Additionally, many student halls offer bills included in the rent, which can help with budgeting.
Shared Accommodation: If you prefer a private rental, look for shared accommodation. Renting a house or flat with other students can reduce the rent per person and split other costs such as utilities.
On-Campus Accommodation: Many universities offer affordable on-campus accommodation options. These often come with utilities included, which can help you save money on heating, electricity, and water.

3. Cook at Home

Eating out in the UK can quickly eat into your budget, especially in cities like London, where restaurant meals can be pricey. Instead, cooking at home is an excellent way to save money:

Buy Groceries in Bulk: Purchasing items in bulk is a great way to save on everyday essentials like pasta, rice, canned goods, and snacks.
Plan Your Meals: Planning meals for the week helps you avoid unnecessary spending. You can prepare your meals in bulk and store them in the fridge or freezer for later use.
Student Discounts: Many supermarkets, such as Tesco, Sainsbury’s, and ASDA, offer student discounts on groceries or special deals. Keep an eye out for these offers to save even more.

4. Use Public Transportation

Public transportation in the UK is well-developed, and there are several ways you can save money on travel:

Student Travel Cards: Many cities offer student-specific travel passes, such as the Oyster card in London or the Railcard, which offers 1/3 off train fares for students. These can be used for buses, trains, and even some metro services.
Cycle or Walk: Many universities are located in walkable or cycle-friendly cities. Consider biking or walking to campus to save money on bus fares or parking fees.
Discounted Travel Options: If you need to travel outside your city, look for discounted bus or coach services such as National Express, Megabus, or trains using the Railcard for cheaper tickets.

5. Take Advantage of Student Discounts

Being a student in the UK opens the door to a wide range of discounts. Many retailers, restaurants, and services offer deals for students, including:

Student Discount Cards: Get a TOTUM card or UNiDAYS, which gives you access to a wide range of discounts from popular brands like Apple, ASOS, and Starbucks.
Cinema Discounts: Students often get discounted tickets for movies at cinemas like Odeon or Cineworld. Check local cinemas for student offers.
Technology and Software Discounts: Many companies, including Adobe, Microsoft, and Apple, offer special pricing for students. Take advantage of these discounts for your academic software and gadgets.

6. Shop Smart

When it comes to buying clothing, electronics, or other essentials, be strategic with your shopping:

Charity Shops and Second-Hand Stores: Charity shops, such as those run by Oxfam and British Heart Foundation, are great places to find affordable clothes, books, and household goods.
Sales and Offers: Make use of seasonal sales, particularly the Boxing Day or Black Friday sales, where you can get significant discounts on everything from clothing to electronics.
Avoid Impulse Purchases: Stick to your shopping list and avoid making unnecessary purchases. Taking time to compare prices will also help you get the best deal.

7. Use Free and Low-Cost Entertainment

While it’s important to enjoy your time in the UK, entertainment can be expensive. Here are some ways to save while still having fun:

Free Events and Activities: Keep an eye out for free events and festivals in your area. Many museums, galleries, and exhibitions offer free entry or student discounts.
University Societies and Clubs: Joining university societies and clubs is an inexpensive way to meet new people and participate in fun activities. Many universities offer a range of free or low-cost events, including movie nights, sports events, and cultural festivals.
Explore Nature: The UK offers many beautiful parks, gardens, and outdoor spaces that are free to explore. Take advantage of these to spend time outdoors without spending money.
Discounted Student Theatre Tickets: Many theatres in the UK offer discounted tickets for students. Check with local theatres for special student rates.

8. Look for Part-Time Jobs

A part-time job can help you cover your living expenses while studying. The UK allows international students to work up to 20 hours per week during term time, which can significantly improve your finances.

On-Campus Jobs: Universities often offer on-campus jobs that are ideal for students. These include roles in libraries, cafés, or as research assistants.
Retail and Hospitality Jobs: Many students find part-time work in retail or the hospitality industry. Jobs in shops, cafés, or restaurants can offer flexible hours that fit around your studies.

9. Apply for Scholarships and Grants

Scholarships are one of the best ways to reduce the financial burden of studying abroad. Many UK universities and external organizations offer scholarships for international students:

University Scholarships: Check with your university to find out if they offer any scholarships for international students. Some institutions offer merit-based scholarships, while others provide need-based aid.
Government Grants and Scholarships: The UK government offers several scholarships for international students, such as the Chevening Scholarship and the Commonwealth Scholarship, which cover tuition fees, living expenses, and travel costs.

10. Cut Back on Unnecessary Subscriptions

In the digital age, subscriptions to streaming services, gym memberships, or apps can add up quickly. Consider cutting back on subscriptions you don't need or sharing them with friends to reduce the cost.

Streaming Services: If you're a student, some streaming platforms offer student discounts (e.g., Spotify, Apple Music, Netflix). Consider sharing services with friends or using free trials to save money.
Gym Memberships: Many universities offer low-cost gym memberships for students. Alternatively, consider using free workout apps or outdoor exercise options.

Studying in the UK can be an enriching experience, but it’s crucial to manage your finances carefully. By following these tips and staying disciplined with your spending, you can enjoy everything the UK has to offer while keeping your costs under control. Start budgeting early, seek out discounts, and take advantage of the many resources available to students to ensure a successful and affordable study experience in the UK.