0800 043 5133
freephone (landlines & mobiles)
When you start University it is a very exciting experience; probably one of the most memorable times of your life. However, depending on your experience, it can be a very tough time financially too. We have highlighted some of the main points to surviving financially in the student years, so your experience can be as enjoyable as possible and you can get by as easily as possible financially. You can make university a time where you learn a lot of life and financial skills and still have a lot of fun, whilst getting your further education too.
Fill in the form on this page or call freephone 0800 043 5133 for free & confidential advice.
Student Loan
Firstly, if you are fortunate enough not to need a Student Loan or feel you can manage with out one, then don't get one. You'll be glad of it in the long run, when you don't have thousands of pounds to pay back. You can still follow the tips below on how to make your money stretch. If you do need a Student Loan, the first thing you need to do is tell yourself
"I need this money to last me for the full university year".
It will be one of your main sources of income for the year and the fact that you get it split into only three instalments, doesn't help the fact that you receive a heap of money in your account at any one go, while you are financially vulnerable and on a frugal existence, then be expected to budget on it. The first thing you want to do is go mad spending! A good way to counteract this is to draft up a list of how many weeks/months there are between each installment of your student loan. Then divide each instalment between the number of weeks/months. This will show you that you really don't have a lot of money to do you from your student loan each week. It also gives you a strict budget to adhere to. You can withdraw that amount of money each week from your bank and then leave your bank card at home. This will help make the weekly allowance do you for the week.
Spending
It is difficult to curb your spending when you're a student. You have all this freedom, a hectic social life, education stuff to pay for, transport, rent, food, not to mention drink, clothes etc...
Part time Work
Summer Work
Bank Account
Are you struggling with your debts?
We offer free, confidential, no obligation Debt Advice!
If you need advice about your debts, click the button below and fill in our form. One of our advisors will call you back to discuss your query.
I need advice