Student budget calculator
This calculator from the Sorted website helps you do a budget for the period when you're actually studying. It works out the difference between money you have coming in and money you spend.
When you click "continue" the calculator will take you to the Sorted website to complete your budget calculation.
These flash calcs require JavaScript and the latest version of Flash Player installed and enable to function correctly. You can download Flash Player here.
Income from part-time work
Depending on how demanding your course is, you could be working 10 hours a week for $12 per hour (after tax).
$12 x 10 hours = $120 per week
or
$120 x 37 weeks = $4,440 for the academic year
Student Loan - living costs
You can borrow up to $163.38 a week for living expenses for the weeks while you're studying, or on a study break of three weeks or less (less any amount you get from Student Allowance) (e.g 37 weeks is the average academic year). This is direct credited to your account each week. Remember you have to pay this pay so only borrow what you need.
Your Student Loan course fees or course-related costs have not been included as categories. This is because you are looking at your day-to-day spending as a way to balance your student budget. You don't pay your weekly bills with money you borrow for tuition fees or textbooks.
