Student living expenses

[haventkilledtheorchidyet]

Just doing some planning and wondering how much people allow for student living expenses excluding rent?

For a teenage student

This just popped up on my feed - There are lots of threads on this over on "Higher Education". Have a look, and maybe get your question moved over. Lots of knowledgeable people over there. In the meantime, the answer will be anything between £50-£100 per week, depending on what you are covering, food, travel, phone, gym etc and whether the student works. Don't forget the minimum loan will not necessarily cover the rent either.

Thanks Knitted. Will head over there

I gave my DD £400 for the month at the beginning, now she has a little job and the maintenance loan ( i pay her accommodation) she doesn’t really ask me anymore, maybe the odd £50-£100 every now and then

We paid for my son’s accommodation and give him £200 a month for living expenses. He also works two days a week to supplement this. He is in his last year and is doing well financially, is enjoying his time at university and even has some savings.

MoneySavingExpert have a good calculator for what the expected parental contribution is - since the maintenance loan is means tested against parental income they work out what your child has “lost out” on and calculate what you should be topping up.

www.moneysavingexpert.com/students/student-loan-parental-contribution-tool/

Of course you then may want to think about if that’s enough to cover cost of living where your child is going to Uni; and if you’re able/minded to give them extra to help out, or if they’d need to get a job to cover any shortfall.

Our sons got the minimum loan which they lived on at uni, and we paid their rent.
£6 ish a year.

Ten years ago, DD took the loans and paid her rent out of that, and we then gave her £350 a month for food etc, plus we paid for additional expenses like train fares for visits home, prescription charges, haircuts, dentist, new pair of shoes or boots each autumn. We wanted her to be able to concentrate on her studies and enjoy herself as well. Although she did get a job for a while.

It all worked out in the end, she got a decent degree and job later and made many good friends at uni.