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Money Matters: National Student Money Week, 12-16 February

Next week is National Student Money Week, so the Advice and Counselling Service has put together some useful tips to help you manage your money.

1 February 2018

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Managing your money can feel stressful. Take these simple steps to gain control of your money: 

Plan a budget and stick to it

We have online resources to help you plan your own budget, including spreadsheets you can personalise. Once you have worked out your budget, you will know how much money you need, and then you can consider the options below. 

Can you reduce your spending?

Check out our great money saving ideas. Make sure you are using all of the discounts you are eligible for, eg NUS Extra card. Time Out London and London for free both list lots of free and low-cost activities for you to enjoy. 

Are you eligible for any extra money?

Undergraduates should read the Additional Sources of Funding guide.

There is a separate guide for Medical and Dental students.

Postgraduates should read the Postgraduate Funding guide

If after reading the relevant guide you need individual, confidential advice, please contact a Welfare Adviser at the Advice and Counselling Service.

Apply for a non-repayable grant from the University Financial Assistance Fund

This fund at Queen Mary exists to help students who are experiencing financial hardship. The eligibility criteria is explained in the guidance notes which can be downloaded along with an application form. Submit the completed form with the relevant documents (see part 12 of the form) to the Student Enquiry Centre (ground floor, Queens' Building, Mile End campus) or the Student Office (ground floor, Garrod Building, Whitechapel campus). 

If you need advice about applying to the fund, please contact a Welfare Adviser at the Advice and Counselling Service. 

Applications are usually processed within four working weeks, and often sooner. 

Part-time and vacation work

Working part-time can be a useful source of extra income as well as providing you with valuable work experience.

Read the Part-Time and Vacation Work guide, written by QMUL staff.

Queen Mary Careers & Enterprise can help with CV writing, interview skills and more. 

Increase your student overdraft limit

If you have a student bank account, check if you have the maximum allowed overdraft limit, as it may be possible to extend it. Ensure that any extension is offered on an interest-free basis. 

Do you need further advice?

Money advice is available to all Queen Mary students from experienced Welfare Advisers in the Advice and Counselling Service. The service is confidential and free. 

We have same-day appointments every weekday in term-time, subject to availability. Just turn up to register at 1.30pm. If you would prefer to book an appointment or ask for advice by email you can: 

  • email us via our website
  • call us on 020 7882 8717
  • visit our Reception on the ground floor of the Geography building, Mile End campus.

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