starving student 

A college student with limited pocket money, who makes do either by loan gratuity and/or a low paying part-time job. While the term "starving" may be an exaggeration, the "starving student" diet (often consisting of Ramen or other cheap packaged foods) is not.

Guy wanted to buy an engagement ring for his girlfriend
but couldn't; they were both starving students.

starving student by ChoWares January 3, 2007

Starving College Student 

A college student who lacks disposable income because he does not have a job, yet his parents pay for his tuition, his food, his rent, and really everything under the sun. The Starving College Student typically spends the stipend his parents give him on alcohol and/or drugs. The stereotype is that this student must resort to eating Top Ramen to survive, which may be true, but only because they spent their allowance on alcohol and drugs. These students also perform poorly in their college classes because, after all, they view higher education as a birthright and not an opportunity. These depraved individuals somehow do just enough to earn a Business Degree, having only learned "strong résumé words" at the expense of an actual education. Also referred to as the "Poor College Kid"

Grandma Beatrice: Aww Zacky honey, why don't you come over for dinner tomorrow night. I know you're a starving college student who would kill for a home cooked meal.

Zack: Thanks Grandma. I have been living exclusively off of Top Ramen. I'd love to come over for some prime rib. I will head over as soon as I edit my resume and lie about having leadership experience.

Starving College Student by JoeyRogue January 2, 2014