The two diagrams give information about British student income and spending in 2016. The pie chart illustrates the amount of money spent on six categories in one month, while the bar chart gives a breakdown of how common different funding methods are.
The pie chart indicates that students spent the most on rent, which accounted for nearly half of all expenditure at £385, while spending on travel made up the smallest proportion at £52. The second highest monthly cost was food, which was nearly double that of socialising. Apart from rent and food, spending on all other areas; socialising, bills and other expenses, was under £100.
With regards to income, a large majority of students obtained money from their student loans, at around 80%. However , the diagram clearly shows that the majority of students had more than one source of income, with family and part-time jobs registering around 65% on each. The other three sources – savings, bank overdraft and grants and funding – accounted for a significantly lower proportion of students, at roughly 40% in each case.
Overall, students spent approximately half of their £800 budget on housing and the most common means of financing studies was through student loans.