Collegiate Recovery Programs (CRPs) aim to support students in the dual aim of building their recovery in an abstinence-hostile environment, whilst simultaneously working toward a university degree. This study explored the experiences of students engaged in Better Than Well (BTW), the first UK university-led CRP. The aim was to understand the impact of BTW on their addiction recovery and identify the most helpful elements of the program. Ten student members of BTW, aged 20–45 and with a range of primary addictions, underwent a semi-structured qualitative interview. Reflexive thematic analysis identified two overarching themes: community and belonging, and personal empowerment through student recovery. BTW’s group process fostered connection, reduced isolation, and broadened understanding of addiction and recovery. Sober social events helped students build friendships and navigate social situations. Overall, BTW involvement facilitated a re-framing of life narratives, increased empathy, and empowered students to help themselves and others. This study highlights barriers facing students in recovery at a UK university, and some of the benefits of a peer support network on campus. As shown on U.S. campuses, a CRP can help build human, social and community capital to support the transition to a new identity as a person in recovery.