The cost of student life: how do you work out your budget?

Leaving home and becoming a student means learning how to manage your budget properly. What with rent, food and the cost of studying: your student budget can quickly get out of hand! It's really important to keep track of your expenses, so you don't blow your budget. How much does student life cost? How can you work out your budget? Nemea Appart'Etud has everything you need to know.

How do you work out how much student life will cost? Expenses to consider

To stay within your student budget, you need to anticipate your spending especially on the things you need to pay for every month.

Your biggest monthly expense will be your rent. The amount depends on the city and the type of accommodation: shared, studio, one bedroom flat etc. Water and electricity charges will be on top of your rent, unless they are already included. These vary according to your lifestyle and the energy performance of your accommodation.

Looking for student accommodation? Nemea Appart'Etud residences offer students fully-equipped, furnished flats throughout France.

Once rent and utilities have been deducted, students also have to think about food shopping. On average, this costs around €200 per month. Then you'll have telephone and internet bills of around €50 per month, as well as transport costs. Finally, those with a student loan must repay their credit.

Once all the monthly expenses have been deducted, you can decide how much you want to allocate to leisure activities and outings, such as a gym membership.

Becoming a student: how much does it cost to study?

In addition to recurring expenses, there are also the costs of your actual studies: university or school registration fees. It differs according to many factors: private or public institution, type of training, etc. In public institutions, fees are lower. In the private sector, the cost of training can reach several thousand euros a year.

Your student budget will also depend on other factors, such as student accommodation grants, scholarships, your location and the level of family support your have. To help makes student life a bit simpler, Nemea Appart'Etud has a wide range of furnished, fully equipped accommodation options in residences designed for students. Take a look at our residences!