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Money Matters: Ideas for returning students to help you manage your money

Thursday 20 September 2012

Have you applied for all of the money you are entitled to?

Read the Advice and Counselling Service funding guides to check you are getting all of the money you should be. Our funding guides are:

All the guides, as well as guides on budgeting, council tax and more, are available from welfare.qmul.ac.uk/publications or the Advice and Counselling Service reception (ground floor of Geography building, Mile End campus).

Is your Student Finance, NHS Bursary, or other funding delayed?

Student Finance

You need to reapply for your Student Finance/NHS funding each academic year. If there is a delay, contact Student Finance England/NHS Bursaries Unit to try and resolve the issue. If you need to, you can usually use a phone in the Advice and Counselling Service. If you cannot resolve the issue yourself, contact the Advice and Counselling Service using the contact details below.

Short term and emergency loans

If you have applied for funding for your programme of study and you are definitely eligible for it, but it has been delayed, you can apply to the College for a short term interest free loan to help with your living costs. The loan can take a few days to process so apply for one in plenty of time.

Visit the Student Enquiry Centre in room CB02, Queens’ Building, Mile End campus or email bursaries@qmul.ac.uk.

Quick emergency loan applications

If you have a sudden financial emergency, you can apply for an emergency loan of between £25 and 50. If your application is successful, you can usually get the emergency loan on the same day that you apply for it.

Visit the Student Enquiry Centre in room CB02, Queens’ Building, Mile End campus or email bursaries@qmul.ac.uk.

You may be eligible for full Student Finance if you are working or if you have lived in the UK for three years before the start of your course. Read the Eligibility section of the Advice and Counselling Service advice guide: Student Finance: loans, grants and bursaries for undergraduates in 2012. Contact the Advice and Counselling using the contact details below if you need any advice about your eligibility, or any help with your Student Finance application.

Have you planned your budget?

Managing your money is vital when you are a student and on a low income. It is essential that you work out how much your income is and compare that to your spending so you know how much you can afford to spend, and don’t run out of money.  

The Advice and Counselling Service advice guide Managing your budget and cutting costs helps you to plan your own personal budget, and also gives you great money saving ideas.

Contact the Advice and Counselling Service

Send an email via the enquiries form. This form ensures Advice and Counselling have all the information they need and can help students more quickly and efficiently.

www.welfare.qmul.ac.uk

020 7882 8717

Visit the Advice and Counselling Service reception on the ground floor of the Geography building, Mile End campus (map).

Come and say hello at the Money Advice Stand, which will be in Library Square, Mile End campus, on Thursday 1 November from 12pm to 2pm.

For all the tips and latest updates, follow the Advice and Counselling Service on:

Twitter: @QMUL_ACS

Facebook: http://on.fb.me/pj5TP3

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