Monday 12 February 2018

National Student Money Week #NSMW18

This is the week the members of the National Association of Student Money Advisers like to lift their heads from their casework and hardship fund administration to raise awareness of Student Money Matters.

Up and down the country in Higher and Further Education institutions will be getting involved in some way with the week long initiative. In fact it tends to spill over a bit into other weeks as the initiative often clashes with other events or reading weeks depending on the institution etc.

Anyway look out for events in your place of study - there will no doubt be fun and giveaways alongside the money information.

The theme this year is "Where I Live" - wonder what that means to you?

Listen here to two students talk about there experience as freshers living in their first students home.


In the news the Liberal Democrats have been recently looking at Homelessness in 18-24 year olds. They also asked Universities to tell them about how many sstudents living in university accommodation are threatened with eviction due to rent arrears . Their Freedom of Information request highlighted a 16% increase in rent arrears in students in halls of residence.

For Information and Guidance visit your institutions Students Union web pages or the Housing Charity Shelter

Read what Shelter has to say about your rights when facing rent arrears and the threat of eviction from Halls of Residence

Increasing numbers of students are struggling to find a place to live over the summer vacations. Care Leavers and students Estranged from their families find this a specific challenge when many of their peers head home to live with family in the long vacation.

If you fall into either of these groups then ask your place of study if they have any initiatives to help support you? Many institutions have bursaries specifically for helping students in these groups. Some institutions work with the accommodation providers such as Unite to offer accommodation scholarships which provide 52 week accommodation to the recipients.  The charity Standalone works with the Higher education sector championing the cause of Estranged Students. Students who are Care experienced should seek support from their Local Authority and organisations who help them know their rights for example the National Network for the Education of Care Leavers .

Students who rent privately too often struggle with their tenancies - whether its is the high rents, not understanding their rights, disrepair, agency administration fees, problems with the deposits etc etc.

Always seek advice when you have a housing problem - it can be very stressful so speaking to an expert can really help prevent problems escalating.