Sample Budget
Examples are guideline budgets and should be adapted for individual use. They are shown on a weekly basis and calculated over 39 weeks (the average academic year). We also have a blank budget (.pdf) that you can complete yourself.
Weekly Income
| Item | Notes | Amount in £ |
|---|---|---|
| Student Loan | £4,950 max (72% means-tested) | 126.92 |
| Bank Overdraft | £1000 per year | 25.64 |
| Job | 15 hours @ £4.92/hr (18-20yrs) or £5.93/hr (21yrs+) during term time |
73.80 |
| Maintenance grant (if eligible) | Up to £2,906 max (means-tested) | |
| Bath Spa Bursary (if eligible) | Up to £500 max (means-tested) | |
| Parents/family contribution | ||
| Total Income: | £226.36 | |
Weekly Expenditure
| Item | Notes | Amount in £ |
|---|---|---|
| Rent | Average Bath rent | 80.00 |
| Food | Does not include eating out | 35.00 |
| Household | Cleaning, laundry etc | 7.50 |
| Utility Bills | Electricity, gas, heat | 15.00 |
| TV license | May be a shared cost | 2.50 |
| Personal toiletries | Soap, toothpaste etc | 4.00 |
| Contents insurance | Approx £3,000 cover | 3.00 |
| Course materials | Stationary, books etc | 13.00 |
| Social/leisure | 20.00 | |
| Clothes | 8.00 | |
| Phone | 7.50 | |
| Travel | In Bath-based on cost of bus pass | 6.90 |
| Travel | To and from family home x 3 | 3.00 |
| Contingency | 9.00 | |
| Total Expenditure: | £214.40 | |