Advantages of Living at Home During University

Many students dream of stocking up and shipping out for life at university, even if it comes complete with a grotty, cold flat that practically forces them to the pub each evening. Or maybe that should be especially if it comes with a grotty, cold flat that practically forces them to the pub each evening? Yet for a significant number of UK students this is hardly the case. A 2006 NatWest Student Money Matters survey found that 20%, or 1 in 5, university students now live at home during their studies and that this has been a steadily rising trend. Are you worried about finding, and inhabiting, your own grotty, cold flat? Before you go on the hunt consider all of the advantages of living at home during university!
Financial Advantages
Living at home during university comes with major financial savings. When you aren’t paying accommodation costs you should be responsible enough to put most of these savings away so that you can pay your university fees, pay off your student debt or have a nice cushion to do with what you will after graduation. Most students who live at home during university save (at least a little) on:- Rent and deposit.
- Renters insurance.
- Utility costs.
- Parking costs.
- Setting up and using a telephone and broadband line.
- Buying and delivering furniture.
- Investing in electronic equipment.
- Kitting out a kitchen with appliances, dishes and utensils.
- Sheets and towels.
- Groceries and meals.
Convenience Advantages
Not only does living at home during university generate financial savings, but it frees up a lot of spare time for students as well. Students living on their own must organise their entire lives by themselves – including travel plans to see family and friends that can involve quite a bit of detail – but students living at home have a built in support system to help them out. Living at home during university often means that students have someone who will, at least sometimes:- Do the grocery shopping for them.
- Prepare meals for them.
- Help them with their laundry and ironing.
- Post letters as needed.
- Drop off items such as library books, rented DVDs, dry cleaning and more.
- Be available to meet deliveries or repair people.
- Take messages from important phone calls.
- Keep a tidy living space – at least in communal areas.
Emotional Advantages
The benefits of a built in support system extend far beyond the material. A September, 2003 study reported in NeuroPsychiatry Reviews states that first year university students in America rated significantly higher mental health scores if they lived in their family home. Though this rating did not continue into second year, a host of emotional advantages will follow students living at home throughout their university careers. Consider that living at home during university:- Provides strong relationships with people who care about you.
- Requires no adjustments to your personal living quarters.
- Takes away the anxiety of being assigned/living with strange flatmates.
- Offers multiple people who will listen to you when you need to vent.
- Supplies a host of differing viewpoints to any problem you may discuss.
- Gives you a haven away from the stresses of university life.
Related Articles in the 'Staying at Home' Category...
- The Open University
- Fees for Commuter Students
- Online University Courses
- Commuter Services Available at University
- Building up Financial Credit While Living at Home
- Get Involved In Student Life if You Live Off-Campus
- Independence While Living at Home
- Stay Healthy as a University Commuter
- Ground Rules for Living at Home During University
- Make the Most of Your Commute to University
this was so helpful because i am a student in a secondary school and so this was the best website for me to complete my work about university budgeting.
DON - 30-Apr-12 @ 6:35 PM
Re: Questionnaire: Do You Budget Wisely?
Good day Ma'am/ Sir, I would like to seek permission to use this questionnaire in our Research Paper. Thank you.
Re: Questionnaire: Do You Budget Wisely?
Hi! May I ask permission to use this for our thesis?
Re: Questionnaire: Do You Budget Wisely?
Hi! May I get your permission to use this questionnaire for our thesis?
Re: Questionnaire: Do You Budget Wisely?
hi, can i use some of the questions for our research? thank you! please respond i need this asap
Re: Questionnaire: Do You Budget Wisely?
Greetings! May I ask permission if this questionnaire can be use in our research study for educational purposes? Thank…
Re: Questionnaire: Do You Budget Wisely?
greetings! May I ask permission if this questionnaire can be use in our study? Thank you
Re: Questionnaire: Do You Budget Wisely?
Good day ma'am/sir! Can I ask permission to use this survey for educational purposes? Thank you.
Re: Questionnaire: Do You Budget Wisely?
Good day ma'am/sir! Can I ask permission to use this survey for educational purposes? Thank you.
Re: Questionnaire: Do You Budget Wisely?
Good day, Ma'am/Sir. I would like to ask permission to use this survey for research purposes. Thank you.
Re: Questionnaire: Do You Budget Wisely?
I am interested in designing a budget for my survey research on assessing Farmer's knowledge, attitude and practices in…