British student fine with European chap (5)
I believe the answer is:
bloke
'chap' is the definition.
(I know that chap can be written as bloke)
'british student fine with european' is the wordplay.
'british' becomes 'b' (abbreviation e.g. in 'BBC').
'student' becomes 'L' (as in L-plates for learner drivers).
'fine' becomes 'OK' (synonyms).
'with' says to put letters next to each other.
'european' becomes 'E' (abbreviation e.g. EU).
'b'+'l'+'ok'+'e'='BLOKE'
(Other definitions for bloke that I've seen before include "Man (colloq.)" , "Geezer" , "Chap, lad" , "Chap, man" , "British fellow or chap" .)