Student finances

Budgeting

During your time as a student, there might be a range of expenses you have to budget for – and these can really add up.

See the monthly cost of living table below to estimate some of your expenses for 2024:

 Student living in on-campus collegeStudent living off-campus / student accommodation*Family (two adults, one child) living off-campus***
Rent$2050-$3000*$840-$2480$2640-$3000
Utilities (gas, electricity, water)Included in rent$170-$215**$200-$415
FoodIncluded in rent^$560-$1120$1300-$1600
Mobile phone / internet$45-$125$45-$125$90-$320
Public transport$90-$120$90-$120$270-$360
Total $2185-$3245$1705-$4060$4500-$5695

*On-campus and off-campus accommodation costs are usually lower in Gatton. The cost for a standard resident room in the Halls of Residence in Gatton is from $378 per week.

**Many student accommodation providers include electricity, gas and internet costs in rent. Check with your provider to be sure.

***These costs assume that the dependent child is not of school age and does not factor in childcare costs. View fees for school-aged dependents.

^Catered meals are included at UQ Residential Colleges. UQ RES (Kev Carmody House and Walcott Street) does not include catered meals.

This table should be taken as a guide only. Study Australia provides a helpful online cost of living calculator to estimate your weekly, monthly, and yearly living costs in greater detail.

Saving money

While these numbers can seem intimidating, it’s possible to save money, even at the lower end of the estimated costs table.

Student Services and UQ Union have budget workshops and advisors to help you with your finances.

You can book an appointment with an advisor for one-on-one help, or sign up for a workshop.

UQ Union can also help eligible students apply for Centrelink payments, or arrange for a one-off emergency loan.

Whether you’re trying to establish a budget, or you’re finding it difficult to manage your expenses, we encourage all students to make use of the support resources on campus.

Student discounts

More generally, student discounts or concessions are available for a range of goods and services, including:

  • software and technology
  • public transport
  • cinema tickets
  • museums
  • banks and financial services
  • select food and drink venues
  • select hairdressers and barbers.

Discounts are usually only available to full-time students, but you should check with each service provider for more information.

If you're an international student, we highly recommend you open an Australian bank account. Many Australian banks offer accounts with no withdrawal or account fees for international students.

Public transport 

Once you enrol, and if you're eligible, you can apply for public transport concessions through the Translink website.

Read the Translink terms and conditions carefully. It will be helpful to know that:

  • Yes, UQ is registered with the Department of Transport and Main Roads.
  • Yes, our courses have been developed and accredited under the Australian Qualifications Framework.
  • If you are enrolled to study on a campus, you are an internal student.
  • You are a full-time student if you enrol in 6 units or more each semester.

Public transport concessions are only for the state of Queensland – if you travel interstate, you may not be allowed to claim student concessions.

Read more and apply on the Translink website

You'll need a student ID to apply for concession fares. We'll tell you where to collect your ID at the next step: 'Prepare for Semester'.

How can we help?

Learn how to live on a student income and get some support:

Student Services workshops Meet with a Welfare OfficerFunding opportunities


Report any problems you experience with the Starting at UQ website.