Average savings of university students in the UK 2014-2023

Published by
Fernando de Querol Cumbrera,
Mar 4, 2024
In 2023, university students in the United Kingdom (UK) had significantly more savings than in the previous year. While their savings in 2019 amounted to 587 British pounds, they reached 1,280 by 2022. The average student loan debt in England was higher than in Wales, Scotland, or Northern Ireland.

Average savings of university students in the United Kingdom (UK) from 2014 to 2023

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Release date

September 2023

Region

United Kingdom

Survey time period

2014 to 2023

Number of respondents

1,786 university students

Method of interview

Online survey

Supplementary notes

  • The 2014 survey had 2,820 respondents in May 2014.
  • The 2015 survey had 1,900 respondents in June 2015.
  • The 2016 survey had 2,127 respondents from May to June 2016.
  • The 2017 survey had 2,316 respondents in July 2017.
  • The 2018 survey had 3,167 respondents from May to June 2018.
  • The 2019 survey had 3,385 respondents from April to May 2019.
  • The 2020 survey had 3,161 respondents from April to August 2020.
  • The 2021 survey had 2,038 respondents from May to August 2021.
  • The 2022 survey had 2,370 respondents from May to August 2022.
  • The 2023 survey had 1,786 respondents from May to August 2023.

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