Many undergraduates will use auction websites in order to make a bit more cash this term.
Many of Britain's undergraduates have expressed willingness to take drastic action, in order to stave off the worst effects of inflation and the credit crunch.
A report from Abbey, released this morning, shows that half of all students plan to sell possessions on auction websites in order to raise extra funds. Among the general public, this rate stands at just 22 percent.
Elsewhere, 57 percent of students said that they will "make the most" of retailers' discount deals, while 74 percent are passing up on some of their nights out and other entertainment costs in order to help make ends meet.
Steve Shore, Abbey's director of banking, commented: "The majority of students living on a fixed income may find the coming months tough with the price of essential goods and services such as food and energy continuing to rise."
He added: "Students more than ever will need to set themselves a strict budget and should ensure that they are shopping around for the best deals, this includes financial products such as the bank account they use."
According to the latest Consumer Price Index - the government's preferred way of measuring inflation - the cost of goods and services rose by 4.7 percent over the past 12 months. This is the highest rate measured since 1992.
