You will have been asked at the start of your programme of study to provide proof that you have sufficient funds to pay for your fees and living expenses.
Currently (academic year 2012/13) the University estimates that a single student will require a minimum of £12,900 per year for living expenses. For academic year 2012/13, this figure has been held constant. Of course, if you enjoy expensive entertainments or shopping for designer clothes, you may need to increase this figure! Students with partners and families to support will also need to increase this figure accordingly. See information from the University about estimating living costs.
The Oxford University Student Union (OUSU) website offers useful advice on budgeting and controlling your finances if you are having difficulty with this.
Medical students may also find the Money4MedStudents website useful.
If you are in financial difficulty, it is better to seek help immediately than to wait until the situation is critical.
College hardship funds
Other awards available from the College
University hardship funds
The University Committee on Student Hardship makes grants to students who find themselves in unexpected financial difficulties. It is essential that these should have arisen from circumstances not within the student’s control, and could not reasonably have been foreseen.
It should be noted that the College is required to confirm that the applicant had sufficient financial resources at the time of acceptance, and that the College has to verify the applicant’s statement of estimated income for the period which the grant is being asked.
Outstanding College accounts
All outstanding bills to College must be paid before a degree is conferred. The College reserves the right not to present a student for graduation if their account has not been paid.