Finance can be the topic that sends students running for the hills or burying their heads in the sand, but no more! This page contains all of the finance information we wish we had when we were at university, broken down into easy to digest topics. Hopefully helping you become a little more confident with all things finance!

Banking

Now you’re a student you might have heard people/advertisements go on about student bank accounts, those ones specifically designed for university students. However, it can be difficult to know which student bank account to choose which is where this link comes in, as it talks you through all things student bank account!

 

Budgeting

Whether you are worried about getting through university with next to no income or just wanting to make your student loan last longer everyone needs to know how to budget. This Link covers everything you need to know from ‘how to work out your weekly budget’ to ‘budgeting top tips’. 

 

Buying a home

Buying a home is often cited as the most stressful thing you’ll do, however, this Link has you covered. It talks you through buying a home step by step from ‘finding your dream home’ to ‘signing the transfer deed’, making buying a home a tad less stressful. As a bonus if you click here you can find even more useful information including how to ‘boost your mortgage chances’ and ‘what type of mortgage to choose’ all in simple to understand language.

 

Credit cards and loans

Of course, we can’t have a finance page tailored towards university students without talking about credit cards and loans, and we have found the perfect link for you. It includes information about different credit cards and personal loans, credit card and loans eligibility calculators, and useful tips and tricks.

 

Frauds and scams

This is the scariest topic we cover and we want you to stay safe out there so have found this useful link which highlights 15 of the most common money scams and how to avoid them.

 

Insurance

If this is your first time away from home this may be the first time you’ve encountered insurance. You might be in the position where you know certain things like your home or your car need to be insured but you aren’t that confident in what the different types are, or which option is best for you. You aren’t alone – in fact this link has put everything you need to know in one place to help!

 

Pensions and retirement

It is never too start thinking about retirement and this link contains all the information you need including the basics about pensions, what exactly is auto enrolment and how does it work, and how to build your retirement pot. It even contains lots of useful information if you are about to retire!

 

Renting a home 

When renting you need to understand what you can afford, understand the kind of rental agreement you are entering into and know your rights and responsibilities as a tenant which can be pretty daunting if you don’t know where to start. Which is where this link comes in… It contains all the necessary information PLUS even information about using a guarantor, renting with other people, and subletting – cool eh!

 

Savings accounts

Savings accounts can seem a particularly daunting subject with jargon such as ISAs, Savings interest, paired with lots and lots of percentages. But don’t panic just yet, this link explains everything you need to know, in a way you can understand – you’ll be sounding like a finance expert in no time!

 

Student finance

Every year, one of the topics we are asked about the most is student finance. This is something every student encounters but can be difficult to navigate, which is why this link is useful. It covers all the things you might need to know to help you or if the information you need is not there it even has a function that lets you ask student finance England your question directly!

 

Tax

This is another topic that you might not feel fully confident about and can seem daunting. However, this link is for you. It talks you through things like national insurance, income tax, working out your employment status, what to do if you are self-employed, and more!

 

Further help 

The university has a free, confidential and advisory service called Money Advice which exists to help students. They can help with funding eligibity, bursaries, and can help you plan your finances whilst at university. If you want to get in touch with them click here.