Top budgeting tips for UWE Bristol students at 'Managing your money week'

Issue date: 12 March 2012


UWE Bristol students will have the opportunity to taste test 'branded and economy' products and guess the value of their food items, in the shopping basket challenge competition – just two of the activities aimed at helping students make the most of their money as part of National Student Money Week. Now in its third year, this successful event is organised by Student Services and UWE Bristol's Student Union (UWESU).

Living on a student budget has always been challenging, but in the midst of a global recession the rising costs of living can become a huge concern.

Kate White, Head of Advice and Welfare explains, “Student funding has not increased with inflation for the last three years so students are having to make their money go further. 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.”

Financial Advisers from the Advice and Welfare Service will be on hand to offer advice and assistance on areas such as: checking credit ratings, creating a working budget, reclaiming overpaid tax and financial heath checks to ensure students are receiving their full entitlement.

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 on Tuesday 13 March at Bower Ashton Campus (FoCA Bar); Thursday 15 March at St Matthias Campus (Traders Cafe Bar) and Friday 16 March at Frenchay Campus (Employability and Enterprise Zone (2D11).

-ENDS-

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