Money matters

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Top tips

  • Research all possible opportunities for funding for your studies
  • Apply for student funding early to avoid delays
  • Get benefit figures checked by the university/college or Citizens Advice Bureau as mistakes can happen!
  • Inform your benefits office in writing that you are becoming a student and give details of the student funding you will receive sooner rather than later to avoid overpayment of benefits. 
  • Work out how much money you will have from all the sources including student funding.
  • Make a budget plan that fits with your income
  • If you apply for a Childcare Grant be aware that it will only cover 85% of the costs up to a maximum amount and you will have to find the remaining amount
  • Keeping the Childcare Grant in a different bank account, separate from the rest of your student funding, may make this easier to manage.

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