Studying costs money
Learning doesn't stop when you close your books or put your
tools down for the day. Learning how to afford to pay for your
education is part of it. Get your money organised early so you have
time and energy left over for your course.
What do you need to
You can save money if you buy longer-term train and bus tickets.
They can also save you time buying tickets every time you
Being a student can be expensive because there are so many
things you may need to pay for: tuition fees; books and other
learning materials; tools if you're an apprentice.
On top of your study costs, you may also have to pay for rent,
mobile phone and utilities, petrol and car costs or public
transport and childcare fees if you have children.
The costs associated with studying can seem endless. Even if you
spend a modest $300 per week on all your expenses, that's more than
$15,000 per year.
Take control of your money by doing a budget. Once you know your
regular expenses, you can see how much is left over for the things
you want such as a holiday, going out with friends, buying a car or
just saving. If you are leaving home to study, you will have
expenses you haven't had to think about before.
Our budget planner can help you calculate your weekly and
monthly living expenses and see where your money is going. Remember
to include any allowances.
You can also track your spending using the TrackMySpend
And our savings goals calculator can motivate you to stick to
your budget plans.
Savings goals calculator
Read our case study about Katie, a uni
student who gets a reality check when she uses our budget
Last updated: 13 Jul 2016