Students and graduates

How to budget as a student

Setting a student budget

Planning your budget isn’t always easy, but it’s an important part of student life. Seeing a big figure land in your Student account for the first time can be misleading.

Once you know how much you'll have to spend, you can start looking at what you need to spend it on. Try to work out what your expenditure will be over the same period – weekly or monthly. Our budget calculator is a great place to start. The trick is to make sure that your income is either more or the same as your expenditure. If expenditure is higher, you’re going to run out of money.

Helpful tips on budgeting

Ever wonder how much it will cost? Wonder no more.

For nine years now, our in-depth survey and data have shed light on what it’s really like to be a university student.

 This year, we asked 2,964 students across 21 university cities to share how much they spend on essentials, their budgeting methods and how they manage their time between socialising and studying. We also asked them about the impact of the UK’s cost of living crisis.

Online and Mobile banking

App available to Online Banking customers with a UK or international mobile number in specific countries. Online Banking available to NatWest account holders aged 11+.

5 reasons why you should use our Mobile App

View statements and available balance quickly and easily

Instantly make payments to friends and family already saved in your online banking

Pay someone new without the need for a card reader (limits apply)

Pay your bills directly without the need for a card reader

The quickest way to transfer money between your accounts is through your mobile app

Online Banking is a secure, easy to use and convenient way to manage your account

View your balance

Make payments

Transfer money between your accounts

Set up and manage your regular payments

View your transaction details

Set up and go paperless


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