ÃÛÌÒTV

• Income includes your maintenance loan, savings, parent contributions, wages, bursaries, grants, scholarships and any other money you expect to receive during the year. Online budget calculators can convert your income into monthly or weekly figures.
• Students with home fee status can apply to Student Finance (UK) for a household income assessment to get the highest maintenance loan for which they are eligible. ( A is required for home students applying to the Student Support Fund.)
• If you believe that your household income for the current tax year (2024-25) is at least 15% lower than the details you provided to Student Finance (UK) (typically 2022-23), then you can
• If you do not receive the full Student Finance maintenance loan,there is an expectation by the government that you will source other income, which might include support from parents, savings and part-time work.
• Remember, your SF maintenance loan is meant to provide 52 weeks of support, so this includes the summer months, unless you are final year.
• See if you can increase your income through part-time employment
• Check with your faculty about course-specific funders, such as the , and the NHS Bursary Hardship Grant for Medicine students, and the Ìýfor Health Science students. Also visit the .
• Lots of banks offer student accounts with benefits like an interest-free An overdraft can help you manage unexpected costs, and you typically get up to two years after graduation to repay it. Find the top student bank accounts at
• We strongly recommend that you do not take out or pursue other

Your expenses are your everyday costs such as housing, phone, travel and food - as well as one-off costs like birthday gifts and charitable donations. Online and spreadsheet budget templates (like those above) will walk you through the common expenditure categories. Be honest about how much you spend and look over your last month of bank statements to ensure your budget is accurate.

• Find average living costs for ÃÛÌÒTV students on our Cost-of-Living webpage.
• Accommodation will be your biggest expense. If you are in University Halls and are struggling to pay for your accommodation, then talk to the Student Hub about your options. If you are in private halls or a privately rented flat, we recommend speaking to before you consider a new contract elsewhere.

Does your income equal more than your expenses? Brilliant, that means you have a surplus and you can set aside money for savings. Or is your income less than your expenses? In that case, you have a shortfall, and you will need to boost your income or make some cuts.

• Visit for money-saving tips for everything from food shops to dating apps
• Consider opening a student bank account. Offered by a lot of high street banks student bank accounts come with benefits like an interest-free . An overdraft can help you manage unexpected costs, and you typically get up to two years after graduation to repay it. Find the top student bank accounts at

Review your bank statements and budget every month to make sure your spending is on track. This way, you will stay in control of your finances. You will gain peace of mind and have the confidence that you can deal with anything unexpected that comes your way.

are on a mission to help students develope financial skills and confidence for life. Whether you are new to uni or already on your student journey, explore personal finance concepts like budgeting, working part-time and understanding student debt.

There are many Blackbullion blog posts available and we recommend the following:

If you are stuck in a budgeting rut, the team have also developed their own app! Built with student feedback, the app is free to download and you can customise your experience.