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The benefits of research
Going to university is a major milestone in anyone’s life. But with so many people to meet and costs to budget for, it’s natural to feel some anxiety. At a time of economic uncertainty, you’ll want to begin your studies with your eyes wide open.
The NatWest Student Living Index 2023 gives you the full lowdown on higher education in the UK. From cost of living pressures and student loans to socialising, mental health and beyond, our research can prepare you for both the opportunities and realities of university
Working out your costs
For 10 years, our in-depth survey has revealed exactly what it’s like to be a university student. It’s a valuable resource for existing students, gauging where their town or city ranks for affordability. But it’s also handy for parents and school leavers.
This year, we asked 3,052 students across 63 university towns and cities to share how much they spend on essentials and what their approach to budgeting looks like. We also looked at how they strike a balance between socialising, part-time employment and coursework. Finally, as inflation leaves its mark, our report offers fresh insights into the cost of living squeeze.
Which UK city is most affordable* for students?
Download the Student Living Index 2023
Keen to see how your city compares to other university hotspots? Or still weighing up where to apply after leaving school? Read our 2023 Student Living Index in full to discover which university goers spend the most on rent, who the most sociable are, and much more.
How could we help you manage your finances?
Managing a student budget can be difficult, no matter the wider economic picture. Visit our student support hub to see the different ways NatWest could help. Take a look at our selection of guides and tools, plus our handy products tailored specially for students.
Need a student bank account?
Our Student bank account comes with:
- A four-year tastecard. Offer T&Cs apply
- Up to £2,000 Interest-free arranged overdraft from year one (limited to £500 in your first term).
- You can apply for up to £3,250 interest free from year three onwards.
Overdraft subject to eligibility. 18+.
Apply online only. You must be 17+ and have been living in the UK for at least 3 years.
Study details: You need to be full time undergraduate student (on at least a 2 year course at a UK University/College) or you need to be completing a full time postgraduate or nursing course lasting a year or more. You can apply within 6 months of your course start date.
Overdraft details: Overdraft subject to eligibility 18+ to apply. You can add an overdraft to your account once your course has started.