Tips on Student Finance

Here are some tips for student finances and keeping your costs down while at university:

• While student grants were phased out in 1998, there are still grants and bursaries available to selected courses and individuals. Don't assume that there are none available; look around.

• Don't just budget on essential items (rent, food, utilities) but also on how you spend your time (coffee shops, gym memberships, transportation expenses, etc.) to avoid coming up short every month.

• Lending money to fellow students is not advised, as you might not get it back.

• Avoid applying for a credit card; keep all your expenses simple.

• If you're looking for a part-time job, consider working at the local supermarket or at restaurants to get discounts on food items.

• If you must borrow, look for the cheapest loans available (those with low-interest rates). When you graduate, check the contracts; it doesn't take long for banks to reclaim their money from you.

• Log on to www.nusonline.co.uk and www.studentsgetoff.com for more information on student discounts and freebies.

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