Welcome

Uni life can seem complicated at first, so this site will help make it a little easier to navigate your first semester at Monash. It guides you through everything you need to do to get yourself established at Monash, right up until Week 4 of your first semester. Just start scrolling to browse topics and click on the blocks to discover the important (and fun!) bits to get settled in quickly.

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Money matters

It is common for students to live on a budget, but that doesn’t mean you can’t enjoy your time at university. The trick is to learn how to take control of your budget and not let your budget control you. Knowing how to manage your finances wisely and not land yourself in a cycle of debt is all part of ‘adulting’.

Budgeting

A budget is a financial plan to  record down your estimated income and expenses. Below are the expenses you need to take into consideration when you prepare your budget.

Cost of Living

Item

Estimated Cost (RM)

Deposit for rental

RM1500

Monthly rental

From RM400

Telephone and internet connection

From RM99

Water and electricity

Usually included in the rental

Food

Around RM7 to RM15 per meal

Groceries

RM30 to RM100

Entertainment (movies, concert etc…)

From RM12

Air ticket

Visit AirAsia or Malaysia Airlines for the latest fares

Bus, Light Rail Transit

Visit MYrapid for the latest fares

Other Additional Costs

Item

Estimated Cost (RM)

Unexpected costs

Accidents or Illnesses

Lifestyle choices

Entertainment and luxury items and lifestyle

To have a healthy financial standing, make sure your budgeted expenses stay within your budgeted income.