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How to Save Money with Increased University Fees

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How to Save Money with Increased University Fees

With university fees on the increase, more and more students are looking for ways to save a bit of extra cash. Students are increasingly taking on part time work and making savings by budgeting on food, transport, course material, and rent. It's also important to get the best possible deal on your mobile, and a lot of companies have special deals for sim only for students.

One way of making your student loan go further is to make a realistic budget. Make a note of all of your necessary weekly outgoings – food, rent, bills, course materials, train tickets and so on. Then compare this with what's coming in – your student loan payments, any part time work you're doing. Every so often you'll find an emergency pops up that you haven't accounted for, so in your budget it's a good idea to put a little aside each week for a rainy day.

Buy food together with your housemates. You'll find it's much cheaper (and less wasteful) to pool your resources than to go it alone.

For course materials, try and see if you can get books cheap from students in the year above you. New text books can be expensive, but you can often get a good deal on a second hand copy or through eBay.

There are lots of ways to save on travel. Make sure you're taking advantage of any student discounts that are available. The NUS card can also get you lots of discounts, so it can be a good idea to register for that.

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