Student Money Survey 2024 – Results - Save the Student

Sep 17, 2024 · As is to be expected, surveyed students in London reported the highest monthly living costs, spending an average of £1,264 per month. Not far behind, the South West has a monthly average of £1,189 and in the South East it's £1,187. Northern Ireland has the lowest …

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Student Money Survey 2024 – Results - Save The Student

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savethestudent.org

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Student Living Costs In The UK 2025 - Save The Student

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In our latest annual National Student Money Survey, we asked over 1,000 students where their money goes. The results were very interesting. The average student's living costs are about £1,104 a month, but our findings reveal that Maintenance Loansoften fall far short of covering students' living expenses. It's probably no surprise that rent takes t...

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National Student Accommodation Survey 2024 - Save The Student

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Feb 7, 2024 · As a result, the challenges from the cost of living crisis are essentially getting extended for the foreseeable future for many students. Instead of improving the situation for the next academic year, the government announced in January 2024 that Maintenance Loans in England will increase by just 2.5% in 2024/25.

savethestudent.org

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THE STUDENT COST OF LIVING CRISIS - University Alliance

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• According to the National Student Money Survey 2023, the average student’s maintenance loan falls short of covering their living costs by £582 per month (up from £340 in 2021). • In December 2023, the Sutton Trust found that for 57% of students, their essential spending was higher than the current maximum maintenance loan (£9,978 ...

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Cost Of Living And University Choices Report Final - The …

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somewhat or very worried about the rising cost. of living and 49% felt they had financial. difficulties. The money-saving website Save the. Student reports that the average university. student’s living costs in 2024 are around £1078. per month, with the average student receiving. only £496 per month from their maintenance. loan (Murray 2023).

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Students In The UK Face Tougher Housing Choices As Financial …

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Nov 9, 2024 · NatWest’s 2024 Student Living Index highlights that sacrifices made by students extend to food, with 38% reporting that they had made cuts to the number of meals eaten each day. Online shopping (59%), nights out (55%) and subscriptions (22%) are other areas where students have been forced to make cuts. Increased importance of part-time work

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Student Cost Of Living In The UK 2024 - British Uni

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Accommodation. The cost of student accommodation can vary greatly depending on the type of accommodation you choose and the location. According to the NUS/Unipol Accommodation Costs Survey London has the highest average weekly rent of £157.48 per week and the cheapest rooms are in Northern Ireland for £83.01 per week.It’s important to look at the length of the contract, …

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Student Money Survey 2023 – Results - Save The Student

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Sep 5, 2023 · The regional averages of student living costs across the UK look very different now than they did in 2022. In the 2022 survey, we highlighted that each region's average was above £800. The West Midlands was at that point the cheapest region for students, with average living costs of £822 per month. London, meanwhile, had average living costs ...

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Average Student Rents In London Overtake The Maximum …

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Dec 10, 2024 · The maximum student loan (£13,348) is now less than the average student rent (£13,595), leaving students unable to afford basic living costs; Rents for Purpose-Built Student Accommodation (PBSA) have risen by 18% over the past two academic years; and; 14% of Purpose-Built Student Accommodation rooms in London now cost more than £20,000 per year.

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Student Cost Of Living In 2024 – A Survival Guide

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Jan 16, 2024 · For instance, a 2023 Save the Student Money Survey found that the average student’s monthly living costs have increased by 17% since 2022 to £1,078. They also discovered a monthly shortfall of £582 between the average student’s maintenance loan and living costs in 2023, up from £439 in 2022.

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National Student Accommodation Survey 2023 - Save The Student

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Feb 8, 2023 · Key findings. Here's an overview of the key findings from the National Student Accommodation Survey 2023: Energy bills cost an average of £85 per month for students, which is an increase of £276 per year compared to the 2022 survey.; The vast majority of students in halls and around half of those with private landlords have not benefitted from the £400 …

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Annual Report On Education Spending In England: 2024–25

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Jan 8, 2025 · In 2023–24, total public spending on education in the UK stood at £116 billion (including the net cost of issuing student loans and in 2024–25 prices). This represents an 11% or nearly £15 billion fall since 2010–11 and represents the level in real terms as in 2006–07.

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University Student Statistics 2025 - Save The Student

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Sep 19, 2024 · Student population statistics. These are the key stats about the UK student population: There was a total of 2,937,155 higher education students in the UK in 2022/23, which was around 2.77% higher than in 2021/22. (HESA, 2024)Among all higher education students in the UK in 2022/23, 758,855 (26%) were international students. 95,505 of these students were …

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Ask A Question Or Make A Comment - Sky News

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4 days ago · UK inflation fell, but US prices rose to 2.9%, a high last seen in June. The pick-up had been expected, so markets reacted positively. That matters to the UK as government borrowing tracks the US.

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Student Money Survey 2022 – Results - Save The Student

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Sep 20, 2022 · Living costs around the UK. This includes students who live away from home and with their parents. In our 2021 survey, 10 of the 12 regions had average student living costs of £800 per month or less. The most expensive two regions in that survey had been the South West of England (£866 per month) and London (£896 per month).

savethestudent.org

FAQs about Student Money Survey 2024 – Results - Save the Student Coupon?

How much does student living cost in the UK?

In 8 out of 12 regions, the average was over £1,000 per month. Stats on student living costs show that London is still the UK’s priciest region. Students there spend an average of £1,211 per month, or £14,532 per year. This is 1.5% more than the next most expensive region, the South West, and a third (33%) more expensive than Northern Ireland. ...

How much does a student spend a month in London?

Students are experiencing inflation that is higher than the national average. Living costs have seen a 14% increase since our 2021 survey, with the average student now spending £924 per month. In London, the average is £1,089 per month. The average student's Maintenance Loan falls short of covering their living costs by £439 every month. ...

How much do students spend a month in 2023?

In 2023, around 44% of a typical student’s expenditure on activities was for going out, with just over a quarter (26%) on pursuing hobbies. On average, students spend £1,078 each month. Average student spending statistics show that, due to the cost of living crisis, student spending rose by close to a fifth (17%) from 2022. ...

How much money do students need to live in London?

HEPI and Technology One’s 2024 report showed that students need £18,632 outside of London and £21,774 inside of London to have an acceptable minimum standard of living. The current support on offer is nowhere near this figure (Hill et al. 2024). ...

How much does student rent cost in the UK?

London has the most expensive student rent in the UK by far, costing an average of £663 per month. This is over £100 more a month than the next most expensive region, which is Yorkshire (£550 per month). Northern Ireland, on the other hand, has significantly cheaper rent for students, costing an average of £319 per month. ...

Are UK students feeling a cost of living crisis?

UK students are feeling the pinch as much as other groups. Given the current cost of living crisis, we’ve collated a range of student cost of living statistics for 2024, including: According to our survey, more than half (58%) of UK students don’t have contents insurance while at university. ...