Skip to main content Skip to navigation

Budgeting Tips

1. Apply for your funding early!

Be sure that your money will be paid on time and you’ll know how much you have to live on.

2. Shop wisely

  • Always shop with a list
  • Keep your budget in mind
  • Make good use of student discounts and special student discount events
  • Buy supermarket own brands where you can
  • Shop around for the best deal on a product. Some shops will price match a product if you find it cheaper elsewhere

3. Travel cheaper

  • Plan ahead and buy your tickets in advance
  • Invest in a termly travel pass and consider a rail or coach card for extra savings
  • Cycle or walk where you can, it saves you money and is healthier
  • If you need to have a car, consider carsharing
  • If you regularly drive onto campus you can save 10% off your parking costs by purchasing a book of 10 'Flexi-pay' scratch cards at Senate House Accommodation reception or Gibbet Hill Cafe
  • If you are aged 30 or under and travel regularly by train consider buying a railcar for discounted fares

4. Pack a snack

  • Save money by bringing a packed lunch or use your Eating at Warwick card for savings in the food outlets around campus
  • If you know you are likely to buy a hot drink out then remember to bring your own reusable cup. Some coffee shops offer a discount if you bring your own
  • Some food and drink outlets offer a loyalty scheme so you may want to take advantage of these to save money on food and drink

5. Don’t forget your course costs!

  • Remember to budget for stationery, printing and other costs
  • Buy second-hand books where you can
  • Discuss your book list with your tutors and prioritise

6. Going out

  • If you think you'll want to attend several events at the Students' Union then it may be cheaper to buy an annual pass than pay as you go.
  • Many museums, art galleries, cinemas and other leisure venues offer a discounted rate for students with a valid NUS Extra card so carry it with you at all times so you don't miss out!

7. Consider part-time work

Boost your income and gain some valuable experience to add to your CV. Try Unitemps ( for job opportunities on campus and in the local area. Check your tax code!

8. Student bank accounts

Shop around and choose a bank account that is right for you. Try not to be influenced by the freebies on offer as the interest-free overdraft or bank charges are likely to be much more important in the long run.

9. Be safe, don’t be sorry!

If you are bringing valuables with you to University such as a mobile phone or laptop, consider buying insurance. Make sure you read policies carefully to be certain that it fulfils your needs.

10. Do you have healthcare costs?

Prescriptions, dental treatment and eye tests cost money. If you are liable for charges, remember to budget for them. Complete form HC1 to see if you are exempt from charges.

11. Always read the small print

From your mobile phone contract to your student loan, always read the small print on any contract before you sign on the dotted line.