We know that money can be a worry for many students, and that’s why the Students’ Union is launching a Money Advice service for the very first time.
Just like our Academic Advice service, this service is free, confidential, independent and non-judgemental. We are here to empower you to make your own decisions.
How can you help me?
Our plan is to build this service up over time. For now we can:
- We run an interest free short-term loan of up to £200 to support students with short-term cash flow issues
- We can sit down with you and talk through your personal situation and worries about money you might have
- We can help you draw up a budget, and help you keep track of this over time
- We can explore your budget and discuss where you may be overspending, and any strategies to help manage your money
- We will refer or signpost you to specialist services for support on any issues related to student finance, hardship funding, debt, benefits, insolvency or taxes
While we work on getting a full service up and running, we will refer or signpost you to other services if:
- You need support with student finance applications
- You need to explore if there are hardship funds or grants available to you
- You are in debt and struggling to manage
- You need advice on claiming benefits
- You have issues with rent, landlords, or other housing problems
You can find out how to get support with any of these issues here.
How can I access the service?
You can book a money guidance appointment with an Advisor by following this link and completing our Case Form. You must complete a Case Form to access the service.
To apply for a short-term loan please visit this page for more information.
What are your plans for the future?
We are recruiting a dedicated Academic & Money Advisor to assist full time in building the Money Advice service.
We plan to start producing useful online materials about budgeting and sources of support for this website.
Over the coming weeks and months we will be training our staff to provide advice on debt, and eventually welfare benefits.
We will also be looking at ways to ensure our short-term loan scheme is working for students, and can be continued into the future.