Learning to budget and being aware of available resources can be really helpful when trying to manage your money while at university.
Get money smart
The Australian government website has lots of information and advice about a range of financial issues, including a on how to live on a student budget.
Discounts and concessions
USU Membership
Make the most of . Members can sign up for clubs and societies, participate in USU programs and services, sit on committees, apply for student employment roles and grants, and take advantage of paid job or volunteering opportunities.
For an additional $45 you can join USU Access Rewards, giving you a 10% discount at food and retail outlets all over campus.
Travel costs
- You may be eligible to apply for a travel concession, giving you cheaper public transport fares.
- Department of Human Services helps with travel costs between your permanent home and your place of tertiary study in Australia.
Rebates and allowances
- The helps eligible low income NSW households cover the costs of their energy bills. It is paid once each financial year.
- helps people experiencing a short term financial crisis or emergency pay their electricity or natural gas bill, with $50 vouchers.
Reducing costs
Here are some useful links and resources to help you cut your overall living costs as a student.
Food options
Reduce costs by cooking at home and seeking out affordable grocery options.
- , a low cost affordable grocer, located in Marrickville, that rescues fresh fruit, vegetables, bread and other good quality food from being thrown into landfill and passes them on at highly affordable rates to the community.
- , provide immediate practical assistance if you are having difficulty to pay for food and household bills.
Computers
Consider these alternative options for purchasing computers.
- , a not-for-profit social enterprise specialising in refurbished computers.
- , located in Ultimo, specialises in refurbished Apple products.
Household goods
Find cheap or free furniture, clothing and household goods on these trading sites.
Books
Purchasing new text books can be expensive, so borrow or purchase pre-loved books to keep costs down.
- Get to know the , it’s free to access and they have an abundance of resources and study spaces.
- is a website where students from across Australia trade text books and provide advice, including tips on getting around campus.
Loans
While the University does offer interest-free loans to eligible students, there may be times when you need to explore external options.
- The is a $1077 loan for eligible students who get Youth Allowance, Austudy or Abstudy. Loans can be accessed each semester and are repaid once you start earning a certain amount of income.
- No Interest Loan Scheme () offers loans for people on low incomes which can be used for educational expenses or to purchase household items and pay for some medical and dental services. You can borrow up to $1500 with up to 12-18 months to repay.
- provides interest free loans to assist with rental bonds.