A survey of 1,061 students found that one in four undergraduates reported having a mental health problem, with that number rising to a third among female students, compared with 19 percent for male undergraduates, the Telegraph reported.
The report by YouGov reveals the extent of mental health problems at universities across the UK.
It found that more than half of students know between one and five people that suffer from a mental illness, compared with just 8 percent who know no-one with mental health problems.
According to the report, depression and anxiety are by far the most common mental health issues, with nearly three-quarters of students who are suffering with a mental health problem, reporting both.
What's more, of the students who said they suffered with mental health issues, nearly half reported that these problems affected their ability to complete daily tasks, with 4 percent of those surveyed saying that even the simplest tasks were beyond them.
The study comes as separate research from the University of Southampton and Solent NHS Trust found that financial difficulties and worrying about debt at university increases the risk of mental health conditions such as depression and alcohol dependency among students.
Dr. Thomas Richardson, who led the Community Mental Health Journal study, said that ‘coming to university can be a stressful and daunting time for young people and finances can cause a lot of worry.
He added that: "We might not be able to change how much debt students are in but we can work with them to help them manage their finances and worries about money in order to mitigate the impact of these worries on mental health."
According to today's research, study was the primary cause of stress among students. Seven in ten said that work from university was one of their main sources of stress, with finding a job after university (39 percent) and family (35 per cent) also causing concern.
However, despite the high rate of mental health problems, only one in five students have made use of university mental health services, with nine in 10 having visited a counsellor.