How much does it cost to live as a student?

On average, the cost of living for UK students is £765 per month, according to a National Student Money Survey of 3,385 students conducted by Save The Student. Those monthly living costs include rent, food, social activities, travel, bills, clothes, books, mobile phone bills and other miscellaneous spending.

We have put together the infographic below to help you, the student, to understand your budget better and offer advice on how you can make savings during your time at university.

Smart-Pig loans cost from £2.00 to £5.60 per month per £100 borrowed, for up to 180 days or until your next student loan payment.

Representative Example: £200 loan for 30 days. Interest 292% p.a. fixed. Total to repay £248.00. Representative 1270% APR

Student living costs

Life as a university student can be expensive. Whether you're struggling with accommodation costs, late library fees or just need advice on how to manage your money better, you can always seek advice from Step Change. If you just need a small amount of money to tide you over until the next student loan, find out how Smart Pig can help you here.

What they’ve said about us

If you have to get a loan, use Smart Pig

Smart Pig is so easy to use and fast! It’s easy to be approved and they allow a grace period. The system is set up with low-interest rates and for short terms so that their clients are more protected than with other loan agencies. I highly recommend Smart Pig.



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Honestly the best loaning website

Honestly the best loaning website for students, there is honestly no way you can get bad credit from using smart pig due to the requirements for you to apply for a loan. They even give leeway with payback time which is so considerate. Have used smart pig for the three years I’ve been at uni and had NO PROBLEMS WHATSOEVER



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Honestly a lifesaver

Honestly a lifesaver, as a student when you apply for accommodation you usually have to pay some rent for August, before you get student loan. This can always be difficult to raise if you don’t have a job and having an option for a loan is so useful and what you pay back is pretty decent.



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Excellent customer service

Excellent customer service, quick and easy too use and low-interest rates. Perfect for students. I am very happy with this service and will definitely be using them again



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Amazing Idea!

As a student, you can't get a standard loan and student finance will happily watch you starve. This really helped in those last couple of weeks before my student finance loan came in! As long as you pay it back on time it's fantastic and super easy!



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Highly Recommend

Student loan not due for a week & I was desperate for funds to pay month-end bills and for transport. Thank you to smart pig who I found through google just before applying for a rip-off payday loan. The entire process took 30mins (from applying to having funds in my account).



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