Student Budget Calculator
Monthly surplus or shortfall while studying.
Enter your values
ⓘ Live results
Results
- Monthly surplus
- $420
- Monthly income
- $1450
- Monthly expenses
- $1030
- Rent share of income
- 44.8%
Quick answer
A student budget works when income from loans, work and support exceeds monthly living costs.
Surplus = income − expenses
How to use the Student Budget Calculator
- 1Enter your loan amount and how many terms you receive it.
- 2Add job income and family support.
- 3Enter rent and other monthly living costs.
Worked example
Using the values the calculator loads with:
Inputs
- Loan per term3200 $
- Terms per year3
- Job income per month450 $
- Family support per month200 $
- Rent per month650 $
- Other living costs380 $
Results
- Monthly surplus$420
- Monthly income$1450
- Monthly expenses$1030
- Rent share of income44.8%
Frequently asked questions
What rent share is safe?
Keep rent under 40% of student income if you can.
Should I budget for term time only?
Spread termly loan payments across 12 months to avoid summer gaps.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.