Maximising your income
As a student you may well be living on a limited income, so it is essential that you make sure that you are receiving all the money that you are entitled to.
Maximising your income is crucial to avoid getting into financial difficulties:
The Student Advisers can help you check that you are receiving all that you are entitled to, but here are a few tips:
- Check you are receiving all the Student Support loans & grants that you are entitled to? The Directgov website has information that can help you check this.
- Can you apply to the Access To Learning Fund? If you are a home student in genuine financial difficulty then you may qualify for an award. You must be enrolled on your course and in receipt of your student funding before you can apply.
- Will you be eligible for a £400 bursary?
- Can you work part-time? the university advises that 15 hours a week is a sensible limit. The holidays provide a good opportunity to work more and save up some cash.
- Are you paying too much tax?
- Are you eligible to receive any social security benefits or tax credits?
- Are you eligible for any other form of loan? If you are not eligible for a student loan you may be able to apply for Professional and Career Development Loan.
- Are there any Trusts or Charities that can help?
Remember - the best way of avoiding getting into money troubles is to manage the income that you do have properly.
