Dundee is Scotland's most 'cost-effective' student city, report finds

Dundee is Scotland's most 'cost-effective' student city, report finds
Dundee is Scotland's most 'cost-effective' student city, report finds

Dundee is the most "cost-effective" student city in Scotland, while Edinburgh is the least, according to research released on Monday.

The RBS Student Living Index said Dundee also beat Glasgow for how far money can go. The most "cost-effective" city is measured on the basis of expenditure and what can be earned.

Students in Dundee spend the least in the UK at £175.24 per week, but students in Edinburgh spend nearly £25 more per week - or £743.70 more during a year.

The research also revealed students in Scotland spend £186.04 a week, more than £15 less than the UK average of £201.77.

Nearly a quarter, or 24%, of undergraduates in Scotland are choosing their place of study based on factors such as the cost of living, proximity to home and earning potential in their chosen city, up from 18% last year.

Tom Adamson, head of RBS student banking, said: "The results from this year's RBS Student Living Index clearly show that savvy Scottish students are keeping their finances in check. As well as working hard at their academic studies, they're also working hard to offset the costs.

"Taking these proactive steps to manage their finances is enabling them to continue to enjoy university life and prepare for their future."

Students in Dundee are also the hardest working in the UK, bringing in £125.84 per week and working around 19.3 hours per week, according to the survey.

In Edinburgh students make £94.33 per week but top the Scottish rankings for the amount of time spent studying at 27.4 hours per week.

Overall, a third, or 34%, of students in Scotland said they are receiving less in parental contributions than last year, with 10% stating it is more than £500 less.

A total of 48% of students in Scotland expect to have a job within their first year out of university without it necessarily being the "right" job and 74% are focusing on activities such as applying for internships, working during the holidays instead of travelling and working harder in preparation for the graduate job market.

London tops the RBS Student Living Index University City League Table, with Dundee second, Manchester third, Glasgow fifth and Edinburgh in 17th spot.

The table ranks the UK's major university cities by plotting average student expenditure on living and housing costs against income from term-time employment.

The research was conducted in June and July by The Survey Shop among a sample of 2,500 undergraduates in 25 university cities and towns in the UK. Around 300 students in Dundee, Edinburgh and Glasgow were included in the survey.

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