Budgeting for your living and day-to-day expenses while you are studying will vary according to your personal needs and wants.
The Scholarships and Funding team held a Shopping Basket Challenge as part of National Student Money Week. Students had to guess the value of everyday branded grocery items compared with their store brand equivalent.
A total of around £322 per week is considered a reasonable
average for about a 39-week year, which includes the 30-week UCL
academic year plus the Christmas and Easter vacations.
As a guide, for a first-year student living in a UCL Hall
of Residence the cost per week of your main items of expenditure is
likely to be around:
- £145 for accommodation (average)
- £50 for food
- £8.10 for household goods
- £86 for leisure and personal items
- £21 for travel*
- £10 for books/equipment
- £1.66 for insurance.
If you are a student on certain programmes you will incur
some additional costs. For example, Architecture students will need
funds to cover drawing equipment and materials, and field trips. Fine
Art students will need to cover the cost of artists' materials. If
possible additional costs concern you, please do not hesitate to contact
the department in which you are interested for more details.
If you're travelling from outside the UK to study at UCL, you may have limits on what you can bring with you and should allow for some additional costs on arrival.