UWE students learn how to manage their money

Issue date: 09 March 2010

University of the West of England Managing your money week: 11 – 17 March 2010
2D11 Frenchay Campus

Cooking together, doing your food shopping when you're not hungry and planning ahead to allow time to save are some of the simple but helpful tips that could help University of the West of England students make the most of their money. This week, 11-17 March 2010, sees the launch of 'Managing your money week', a new initiative organised by Student Services and UWE's Student Union (UWESU) that will run at the University's Frenchay Campus.

Living on a student budget has always been challenging, but for students with accommodation costs and a gap in part-time job opportunities caused by the recession, financial difficulties can become a huge concern.

Kate White, Student Financial Advice and Welfare explains, “At the UWE Advice Service, we see about 3000 students a year, half of them to discuss financial issues. Financial difficulties can contribute to mental health difficulties, the missing of lectures and deadlines as well as under-performance in assessments. We realise that money is tight for most students and hope that this event will encourage greater financial awareness and where possible prevent problems from occurring. “

Representatives from the Students' Union Advice Centre, Advice and Welfare Services, Careers and UWE Volunteering will be on hand to offer advice and assistance on areas such as: checking credit ratings, creating a working budget, reclaiming bank charges and overpaid tax, financial heath checks to ensure students are receiving their full entitlement and help to source part time work, volunteering opportunities and other sources of work experience.

For those students graduating this year, there will be information on claiming means-tested benefits, student overdrafts vs graduate loans, council tax liability and postgraduate funding.

Kate White concludes, “We hope that this event will help students to manage their money, freeing them to focus on their academic studies, to enjoy the student experience and to help them achieve their potential once they graduate.”

Managing your Money week will run from Monday 11 March to Wednesday 17 March in E-Zone, 2D11 on Frenchay Campus. There will be also be similar events for students at Glenside and Bower Ashton campuses in May.

For more information, please contact Kate White or Maureen Brewer on 0117 32 82822 or e-mail saws@uwe.ac.uk

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