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Planning to study - do the numbers

We have put together all the tools and calculators you need to plan the money side of student life.

Get an idea of what it will cost you to live

The cost of living calculator will help you understand what it will cost to live as a student. It's intended as a guide to help first-time students who are new to living away from home. 

You can "Reality check my budget" to see what typical real world average costs are - how much you may need each week, and for a study year (40 weeks).  The figures are estimates, and you will need more: 

  • setting up your flat - bond, freight if you're moving to a new town, insurance, connecting the phone and power
  • insurance for your stuff and your car if you have one
  • trips home
  • car servicing and repairs, WOF and registration
  • dentist and doctor appointments
  • gifts
  • pets

Find out what you can get from StudyLink to help with study costs

If you are eligible for Student Allowance, find out how much you could get.

Take a detailed look at your budget to get a good understanding of what deciding to study will cost

Go the Sorted Money Planner calculator for detailed budget planning.


Make sure you understand how much you want to borrow and how long it could take to pay back

Check how long it could take to pay off a Student Loan.


Last updated: 10 August 2012
Get your future sussed. Take the StudyLink Reality Check now!
Apply now for your 2013 Student Allowance or Loan.