Students facing university costs of up to £50,000

Living costs in London approach £9,760 per year as students seek ways to make ends meet

Four in 10 students are taking up full- or part-time jobs to help lessen the blow of an increasingly pricey university experience.

Research conducted by YouthSight has revealed that students on three-year courses are facing an average total cost of £50,411, forking out £8,123 on tuition fees and a further £8,681 on other living expenses each year.

Alison Clark, director of the National Association of Student Employment Services said: “We have seen a big increase in the number of students looking for part-time work. Last year our jobshops reported a 50 per cent increase in the number of freshers looking for work - both to earn money but also to acquire essential skills required by graduate employers.”

Other than working to earn some much-needed cash, many resourceful undergraduates are making use of cashback offers and charity shops, with a quarter selling items on eBay. Another quarter shop for second-hand clothes and books or use recycling websites such as MySkip and Freecycle.

Excluding tuition fees, London is the most expensive place to study, with the average student racking up £9,760 in annual living costs. Birmingham, Edinburgh, Liverpool and Bristol are the next priciest, while Glasgow students spend £7,020 on average - around 28 per cent less.

But it’s not just location that makes a difference to students’ coffers. Students on medicine and dentistry courses tend to spend the most on living expenses at £10,229 per year, while those studying business and administrative subjects have tighter purse strings, spending around a fifth less at £8,149.

Aside from tuition fees, accommodation and bills are the biggest money drain, costing the average student £3,882, while in an attempt to combat food prices, 78 per cent regularly head to the ‘reduced price’ shelf of the supermarket. With transport and social life other notable outgoings, 83 per cent of the 1,000 students surveyed make use of student cards and 16-25 railcards.

Worryingly, despite funding available to most students in the form of loans and grants, one in 10 has taken out an extra personal loan to help cover costs, with 15 per cent using credit cards.

Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Ben Stiller as Derek Zoolander in the leaked trailer for Zoolander 2
film
Sport
footballArsenal take the Community Shield thanks to a sensational strike from Alex Oxlade-Chamberlain
Arts and Entertainment
Gemma Chan as synth Anita in Humans
film
News
Keeping it friendly: Tom Cruise on ‘The Daily Show’ with Jon Stewart
people
Arts and Entertainment
Ensemble cast: Jamie McCartney with ‘The Great Wall of Vagina’
artBritish artist Jamie McCartney explains a work that is designed to put women's minds at rest
News
Republican Presidential Candidate Donald Trump
people
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
iJobs Job Widget
iJobs Student

AER Teachers: Graduate Primary Teaching Assistant

£65 - £75 per day + competitive rates: AER Teachers: A good primary school in ...

AER Teachers: Graduate Secondary Teaching Assistant

£65 - £75 per day + competitive rates: AER Teachers: A good and improving scho...

Recruitment Genius: Graduate Software Developer - Entry Level

£20000 - £22000 per annum: Recruitment Genius: A Graduate Software Developer i...

Guru Careers: Graduate Print Producer / Account Executive

£18 - 25k + Benefits: Guru Careers: A Graduate Print Producer / Account Execut...

SPONSORED FEATURES
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin
Blairites be warned, this could be the moment Labour turns into Syriza

Andrew Grice: Inside Westminster

Blairites be warned, this could be the moment Labour turns into Syriza
HMS Victory: The mystery of Britain's worst naval disaster is finally solved - 271 years later

The mystery of Britain's worst naval disaster is finally solved - 271 years later

Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
Survivors of the Nagasaki atomic bomb attack: Japan must not abandon its post-war pacifism

'I saw people so injured you couldn't tell if they were dead or alive'

Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen