UNIVERSITY of GLASGOW

Registry

Budget calculator

This calculator enables you to type in your monthly income from a number of sources. You can then type in all of the things you spend on and the calculator will calculate whether you are in surplus or defecit.

The figures on the right hand side of the page gives you a rough estimate on how much you should spend on a particular item.


Monthly income

     
This is either a rough estimate or a link to further information.

Student Loan

Divide your total loan amount by 12!
£
£385
(This is the maximum loan entitlement divided by 12 to correspond with the months.)
Part-time Job
£
Family Support
£
 
Savings available monthly (i.e. divided by 9) 
£
 
Bursary/Grant
£
 
Other
£
 
Total Monthly Income =
£
 

Monthly spending

Housing Costs
This is a realistic estimate of how much you should spend on an item in a month.
Rent
£
£240
Electricity
£
£10
Gas
£
£10
Insurance
£
£10
TV Licence
£
£10
Phone Bills
£
£25
Food
£
£155
Travel in Glasgow
£
£25
Travel to Home Address
£

Living costs

Clothes
£
£40
Laundry
£
£15
Credit Card/Store Card payments
£
Informal Childcare Costs
£
£15
Books
£
£20
Fees
£
Stationery
£
£5
Course Equipment
£
£15
Entertainment/ Going out
£
£40
Alcohol
£
£20
Sports/Interests
£
CDs/Records/Games/DVDs
£
Medical/Dental/Optical Costs
£
Ensure that you have a HC1 form for help with health costs.
Other
£
 
Total Monthly Expenditure =
£
This is the total amount that you spend each month

Grand Total

Monthly income - Monthly expenditure =
£
If this is a negative number, you may need to re-think your spending patterns.
 

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