If you are struggling to budget whilst at University you are not alone. Our ‘Student Budgeting Guide’ gives advice on how to maximise your income and reduce your expenditure. Follow the link for budgeting, to see an example of how we can help.
The Advice Centre can help you deal with your existing debts. It may be possible to negotiate lower or suspended payments on debts you have whilst you are experiencing financial hardship. It may be that you cannot afford your payments, or you are just struggling until the next payment of your grant or loan. Either way your creditors will often understand this and be willing to accept what you can afford to pay, especially if you want to reduce your payments for a short period of time.
If you do have a problem, don’t panic or borrow more money to solve your problem, which gets you into more debt. If you are having a problem or anticipate one in the future then come and see the Advice Centre for help.
Other Useful Contacts
Student Loans Company
UK public sector organisation established to provide financial services, in terms of loans and grants for students. Click here to visit their website. www.slc.co.uk
Student Finance England
Queries about Student finance and also the deadlines for applications for new and returning students. Click here to visit their website www.direct.gov.uk/studentfinance or call 0845 300 50 90.
National Union of Students (NUS) – www.nus.org.uk
Educational Grants Advisory Service (ERGAS)
Independent advice agency for people who want to get funding for further or higher education. It is mainly concerned with helping students who are not eligible for funding from the government. Click here to visit their website www.family-action.org.uk or call 0207 254 6251