If you’re not sure how to pay for uni, or how you’ll cope during your studies, don’t worry – there’s a wide range of finance and support available to help you. In terms of finance, UCAS only manages the application fee, but we’ll explain all the uni costs here.
Student finance
Uni is a big investment, so you may need a student loan from one of the regional student finance organisations – they advise you to apply by around May/June before the start of your course. You might be eligible for extra funding from other organisations too.
Find out how HSBC can help with your first steps in university
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How to manage your money during your course
- Choose a good student bank account – they all have different benefits, and a few things to be wary of too, so do some research to find out which bank account is right for you.
- Figure out a budget – making your money last through each semester can be hard, so here you can find a budgeting checklist so you’ll know how much money you can spend.
- Balance your work and studies – if you work part-time during your studies, here’s how to find a good balance between work and study; plus how you can find a job through your course provider.
- Manage debts – many of us have debts one way or another, but rather than panicking about them, the important thing is to find a way to make them manageable.
Student support
Course providers can offer support in many ways. There are lots of social options available and lots of avenues of support for any worries or needs you have.
How to repay your student loan after your course
This is a big concern for many students, but don't worry – you only have to start paying back the loan after your course has finished and once you're earning above a certain amount.
More about repaying your loan
Advice for parents of applicants
The Money Advice Service has provided a detailed guide to financially preparing your son or daughter for student life.
More from the Money Advice Service