How To Have A Good University Life On A Small Budget?

By UniAcco
Mar 15, 2024 •
In this article we provide you with a detailed analysis about how to go about Understanding University Offers.

If you are a university student in a foreign country, it might be difficult to keep up with the new environment, people and you might often wonder what are the best ways to enjoy university life, but without spending a lot of money?. It is possible to have a good university life on a small budget but to do that, you need to keep a track of your spendings and be mindful of the things you spend money on, in order to enjoy. 

To help you survive and enjoy your university life, this article will suggest to you 6 ways in which you can have a good university life on a small budget. 

Join A Club Or A Society

Every college and university has student clubs and societies that are created for the exchange of interest, culture and for organising events. More often than not events are organised by the Student Union of the university. The best part about joining a club or society is that you will be constantly organising events and being involved in activities. What this means is that you can have new experiences in life by taking advantage of being a student. 

Save Money On Meals

The Good To Go app helps you find unsold food around your nearest restaurants where you can buy the food for a cheaper price. The Too Good to Go App has helped several students find free or cheap meals that are fresh. The UK did a splendid job in re-distributing approximately 3000 dishes among people who could access the cheapest deals through the online app. Initially, the extra food the shop could not sell on a particular day used to end up in the garbage box, however, this is a great way to not only save food but also save money on food as a student. This especially is a helpful deal when you are trying to save money for big-ticket purchases.

Get A Travel Credit Card

Travel credit cards save you from the burden of paying additional overseas charges, unlike the standard ones which are more expensive to use. Why I call the standard credit cards pricier in an abroad country is, because there’s an additional charge added every time you use your card abroad. Applying for a travel credit card should be your priority task if you want to enjoy being a student on a low budget. According to a survey conducted by the US News, the graph below explains the dollar equivalent of the travel rewards earned by those who have travelled in the past 12 months. 

Get Roommates And Don’t Live Alone 

One of the wisest ways to have a good university life on a small budget is not to live alone. What this means is that when you live with people you will realise that your expenditures are much lower than when you bear all your expenses alone. For example, living in a rented apartment with 2 flatmates would mean that the three of you share the bills and pay for them equally. This will reduce your individual costs and help you save a lot of money as a student. 

Moreover, when you share your apartment with like-minded people you will be able to have more fun on the weekends, rather than just spending time alone (unless that’s what you long for!). 

Looking for affordable student housing solutions near your choice of university? All you have to do is fill the form on this page!

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Consider a study abroad or student exchange program

What better time to experience the world than as a student? Most institutions offer students the opportunity to study overseas for parts of their course. This is a great way to make the most of your university life and even travel on a budget. Opportunities come in several forms, from short study tours as part of a subject to a full semester or year completed abroad. Overseas study gives you the opportunity to travel, experience a different way of life and make new friends from all around the world. If you choose to study in a non-English-speaking country, you can choose to stay in a homestay and learn a new language without actually investing a lot of money in learning.

Study With Scholarships 

One of the best ways to lead a student living on a budget is by studying with a scholarship. Scholarships, such as the ones offered by UniScholarz, will help you meet your living expenses, travel expenses and make your international study experience seamless and smooth. If you want to lead a successful student life, you must look out for scholarships that will help you cover your daily expenses. In this way, you will not have to worry much about your spendings and will be able to channelise your expenses easily. 

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