What Can £1,000 Buy You as a Postgraduate Student? | FindAMasters.com
Don't miss our weekly Masters newsletter | Sign up now Don't miss our weekly Masters newsletter | Sign up now
Living room with a book and hot drink on the table

What Can £1,000 Buy You as a Postgraduate Student?

Santander are giving away 50 Research Awards, worth £1,000 each, to UK postgraduate students! The competition is open to UK residents studying a Masters, PhD, or other postgraduate qualification, and winners will be able to use the money towards research-based expenses such as equipment or attending conferences.

This got us thinking – what could £1,000 buy you as a postgraduate student? We’ve taken a look at some examples.

#1 A long-distance research trip

£1,000 is a comfortable budget for a at least couple of nights abroad in most locations. For example, a return flight from London to New York, which hosts 100s of academic conferences each year, might set you back £600. This will leave you with £300 for two nights in a decent hotel and £100 worth of spending money.

Degrees in Geography and related disciplines will often include some type of fieldwork. £1,000 could buy you a significant stretch in some of the world’s most unique locations. A flight to Iceland can come in at less than £100, for example, leaving you with enough budget to spend several days exploring its volcanic landscapes, glaciers and outwash plains.

#2 A new laptop

There couldn’t be a more sensible investment for someone embarking on a postgraduate degree than a good piece of tech to do it with – and if the laptop you used during your Bachelors is soon to draw its last breath, now could be the moment for an upgrade.

£1,000 could buy you a laptop on the flashier end of the spectrum – Apple’s latest MacBook Air currently retails for around this price, for example. Or if you need a more heavy-duty laptop that can handle complex tasks or specialist software (if you’ll be studying a Computer Science subject, for example), then you may also benefit from a more expensive model.

#3 One to two months’ worth of rent in a UK city

According to our most recent estimates, it costs less than an average of £1,000 per month to rent a room in a shared house in every UK city (with the exception of London), and in 33 locations, less than £500. In some of the UK’s cheapest cities, you’ll be able to squeeze even more out of £1,000 – in Huddersfield, for example, average rent is just £250, meaning you’ll be set up for four months.

#5 A year’s worth of streaming services

We’ve calculated that a year’s worth of Netflix, Spotify and Amazon Prime (with student discounts applied) will come in at just under £910. That should keep you plenty entertained in your downtime – and with £90 to spare!

#6 (Almost) enough pot noodles for a year’s worth of meals

If you’re looking to lean hard into the student stereotype, £1,000 will buy you a £1 pot noodle for breakfast, lunch and dinner every day for one year (well technically this will set you back £1,095, but we hope even the most devoted pot noodle enthusiasts among you might take a break over the holidays).

#7 4,000 Freddos

The rising cost of the Freddo bar has long been used as a benchmark for how horribly unaffordable everything else is. We’re happy to report that you can still purchase a single Freddo for 25p, a price that has largely held steady since 2016 (though still a 150% increase from the heady days of 2005). This means that a £1,000 budget will by you 4,000 of these delicious frog-themed snacks.*.

*FindAMasters does not take responsibility for any chocolate-induced illness.

So there you have it – some sensible (and less sensible) ways to spend £1,000 as a postgraduate student. To enter Santander’s giveaway, apply online before 11 July.

You may also like...

The Cost of a Masters – How Much is a Masters Degree in the UK?

The average cost of a UK Masters degree is £8,740, but fees vary by course and university, with some programmes costing more than others.

Read more
2024 UK Masters Funding Guide

A simple guide to student loans, university scholarships, charitable grants and other postgraduate funding.

Read more
Masters Scholarships – A Guide for 2023

Our quick guide gives an introduction to the different kinds of Masters scholarship on offer, as well as providing some handy postgrad funding application tips.

Read more
UK Masters Funding for International Postgraduates in 2024 – A Guide

Our guide explains the different postgraduate scholarships available for international students in the UK, as well as overseas eligibility for Masters loans.

Read more
Where Can You Study a Masters for Free?

This guide covers countries around the world that charge no tuition fees (or very low fees!) for international students, as well as any other costs you should take into account.

Read more
Masters Funding – Country Guides

Our detailed guides cover Masters degree fees and funding in popular study destinations around the world.

Read more

Last updated: 28 June 2024