TLDR; Don't let money worries put you off (or pull you out of) a degree. While you're right to be cautious about costs, opening your eyes to the support and strategies on offer will get you further than panic.
You'll feel minted when your first loan instalment appears on your bank balance, but in the buzz of Freshers' Week, it's easy to put everything on contactless and lose track of your spending. Here are ten ways to get into good money habits now and make your loan stretch even further.
The amount students receive from the government can differ by £3,609 depending on what their parents earn.
Universities Minister Jo Johnson has refused to say how much money parents are expected to give their children while at university
Can we for once give the young people of today a break? Is it not enough that their parent's generation butchered the economy with their excessive borrowing and greedy bankers to the point where the majority will never be able to afford their own house? Should't they get this time to enjoy themselves when the harsh reality is that this is probably as good as it's ever going to get for them?
The Viral Letter About Mis-sold Student Loans Due to Retrospective Interest Hikes Is Well Meaning, But Wrong
The papers are full of an angry letter from recent graduate Simon Crowther to his MP, which has been shared over 20,000 times, complaining about retrospective hikes to student loan interest... The content of the letter isn't technically correct, and shows a continued general misunderstanding of how student finance works, that could mislead some.
Today, students and activists will take to the streets of London to demand free education and living grants for all. We are putting forward these two positive demands, but they are made in the face of an incredibly negative situation.
In years to come, ifs University College hopes that positive financial news arising from its young persons money index will take its own place in the yearly news cycle, with freshers' guides not needing to include financial advice.
If you find your money is draining away too quickly, you could consider getting a job. There will be plenty of employers looking for workers to cover shifts in pubs, cafes and shops at the start of the new academic year.
The current set-up goes easiest on those at the extremes - those from the lowest or highest income backgrounds while, across the board, there's increasingly disparity. Removing Grants raises as many questions as it answers, but is more in tune with daily student hardship than anything else on offer.