Good morning everyone! We hope you’ve had a good week, our applications are still flying in and we’re pleased to see how many of you are looking forward to living with us! This week we are looking at the cost of living whilst studying and living here, as well as accommodation fees and deposits.
Cost of Living at Exeter
The University website has put together a great table of living cost examples for you to consider. Obviously you may be paying more or less than this depending on several factors. You may want to take a look at our budgeting whilst at University video for some useful tips to help manage your money.
If we look at the below tables, you can see the typical term-time living costs (32 weeks) for a first year UK student living in University accommodation:
Student A – living in catered accommodation
Accommodation | Average £209 per week for 32 weeks | £6,685 |
Books and equipment | £300 | |
Food – lunches, coffees, etc | Approx £20 per week for 32 weeks | £640 |
Clubs and societies | £300 | |
Clothing | £250 | |
TV licence | £145 | |
Travel home | £200 | |
Toiletries and haircuts | £150 | |
Telephone and internet | £250 | |
Social life | Approx £35 per week | £1,120 |
House deposit for next year | £400 | |
TOTAL | £10,450 |
Student B – living in self-catered accommodation
Self-catered accommodation for students based in Exeter
(term-time costs only – NB generally, rent is payable for 40/44 weeks of the year)
Accommodation | Average £140 per week for 40 weeks | £5,600 |
Books and equipment | £300 | |
Food – all food | Approx £35 per week for 32 weeks | £1,120 |
Clubs and societies | £300 | |
Clothing | £250 | |
TV licence | £145 | |
Travel home | £200 | |
Toiletries and haircuts | £150 | |
Telephone and internet | £250 | |
Social life | Approx £35 per week | £1,120 |
House deposit for next year | £400 | |
TOTAL | £9,855 |
If you are receiving a Student Loan, it might be worth looking into how much you will receive prior to applying for accommodation as knowing your budget could impact your residence preferences.
Accommodation costs
We list all the total contract costs online for our catered residences and self-catered residences (undergraduate and postgraduate), but you may also find it useful to look at the comparison tables which we have on our newly published accommodation guides. We have separate guides for undergraduate and postgraduate students.
What about an accommodation deposit?
Our University residences no longer require you to pay to deposit for your accommodation. However, if we make you an offer of accommodation within a nominated property, or you apply directly to a third party or private hall of residence, then you are likely to be asked to pay a deposit and/or advanced rent in order to secure your bedspace. Read any pre-contract and contractual information carefully so that you know what is expected.
When are University Accommodation Fees due?
The total cost and instalment amounts will be detailed in your accommodation offer. Accommodation Fees for undergraduate home students are due in the following instalments:
- Term one – 4 October 2021
- Term two – 17 January 2022
- Term three – 9 May 2022
If you are unable to make this payment schedule or if you’re having any financial difficulties then we encourage you to get in touch with our Finance team who are very helpful and understanding.
For the 2020/21 year our payment dates were moved back due to the Covid-19 situation, we will review this as we move through next year and keep you well-informed of any changes.
We hope that this has been useful for you, enjoy your week!
Accommodation Shannon