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Cost of living in Coventry

For many, university may be the first time you’re fully managing your finances yourself. This can be daunting, but we can help! Check out our advice on how to manage your loan and budget yourself over each semester.

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Cost of living tips

Your monthly budget guide

The costs below are a rough idea of what you should allow for expenses. Depending on your own circumstances, they could be higher or lower than the costs stated. The below costs are calculated using the UCAS budget calculator. For more information on budgeting, check it out for yourself.

Expenses Approximate price
AccommodationAccommodation (halls of residence, bills included)* £388- £502 per month
Private accommodationPrivate Accommodation (bills not included) £329 - £452 per month
BillsBills (electric/ gas/ water) £31 - £67 per month
FoodFood / Housekeeping £80 - £200 per month
Tv LicenceTV Licence (mandatory with TV or watching BBC online) £13.25 per month
(£41 every quarter, or £159 per year)
private accommodationMobile phone £16 - £42 per month
Leisure or sportLeisure / Sport(This is calculated on membership for the Students Sport centre) £0^ - £170 per month
private accommodationBooks / Stationery £21 per month
private accommodationSocialising / Going out £45 - £170 per month
private accommodationTravel / Transport(depending on where you live and how you'd prefer to travel) £0 - £168 per month
private accommodationChildcare (if needed based on a full week of nursery fees) £900 per month

*Our accommodation options run on a 39-week agreement. This means you only pay for when you need it.

^Some of our university owned accommodation options included onsite gyms as part of your accommodation fees. Please check your option to see if this applies to you.

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If you’re facing some issues or concerns with finances, come and see one of our advisers who are more than happy to help. Get in touch by emailing or come to one of our drop-in sessions.

Grants and Bursaries

You may be entitled to a scholarship or bursary to help bring in an extra bit of money. This could include a sport or academic scholarship with us, or a range of local bursaries depending on where you live. Check out our Scholarships and Bursaries page for more information.

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