You may not be familiar with the term Buy-now-pay-later (BNPL), but you may have seen lenders you have done any online shopping in the lead up to Christmas. BNPL Lenders such as Klarna (the UK’s largest provider), Clearpay and LayBuy are names you may see when you get to the checkout on your favourite websites such as ASOS, Pretty Little Thing and JD Sports.
BNPL firms allow people to split the cost of their shopping into “more manageable” chunks over time or by “postponing” their bill interest-free.
Currently, more than 17 million UK customers have used BNPL companies to make online purchases, company data has shown.
Citizens Advice have released figures that 1 in 10 Buy Now Pay Later shoppers have been chased by debt collectors. Rising to 1 in 8 for young people.
The risk with how BNPL companies operate is the fact that it is not primarily based on credit. If you were to get a credit card or a loan, for example, the companies would run a credit check on yourself to ensure that your credit score is high enough to allow for the repayments. With most credit cards, if you don’t meet your payments you will get charged interest.
However, BNPLs do not run credit checks or charge interest. They assume customers will be able to meet the repayments be it weekly or monthly. The issues arise when payments are not made, fees for missed payments will then be charged. If any payments are missed BNPLs will often refer the customer to debt collection agencies instead to recoup the costs. (Please note, terms and conditions vary between companies).
As it currently stands, BNPL lenders are currently unregulated and there are calls from certain MPs to ask retailers to stop using BNPLs on their websites until it is properly regulated. However, regulation is in the pipeline.
Around the festive period, it is very easy to get absorbed in all the commercialism and need and want to gift people. However, within the Financial Guidance Team, we advise students to use the Money Saving Expert Mantra to ask themselves the following questions prior to purchasing.
· Do I need it?
· Can I afford it?
· Will I use it?
So, prior to making any purchases, take a moment, pause and think of the mantra. If you can’t afford something today. Why don’t you save up and buy it tomorrow?
If you are planning on making any purchases in the lead up to Christmas, ensure that you make the most of all the money-saving opportunities as a student through the numerous Student Discount providers. Such as UniDays, Student Beans and Totum.
Friday 26th November 2021 marks Black Friday in the UK and much of the Western world. It is a day when many retailers offer discounts on items and give customers the impression they are making huge savings. But in the competitive ecommerce society that we currently live in, do Black Friday Deals really save us any money at all?
According to Finder.com, the average Briton spent a whopping £295.67 (in 2020) across Black Friday and Cyber Monday, an increase of 39% on the previous year.
But are Black Friday Deals any cheaper or are we just lured in by flashy advertisements and the promise of huge discounts? Comparison company Which completed an investigation into Black Friday Deals in 2020, and found that 98% of the discounts advertised the previous year were available for the same price or cheaper in the six months after the sale ended. Take a look at the Which – How to avoid fake Black Friday deals article giving you 4 tips to help you check if a Black Friday deal is fake.
With numerous companies offering their own discounted sales days throughout the year and also being a student, you can access additional student discounts by making the most of UniDays, Student Beans and Totum, so is it worth heading out to the shops on this one day? Or should we budget and spend moderately throughout the year? Within the Financial Guidance Team, we would encourage students to follow the MoneySavingExpert mantra and to think carefully before spending and remember to ask yourself the following questions:
Do I need it?
Can I afford it?
Will I use it?
If the answers are no, don’t buy it.
However, if there is something that you need and you are heading out shopping, then take a look at the MoneySaving Expert guides and tools to help you shop smarter. Remember to budget your student loan, it is important to use this money wisely and effectively to ensure you are meeting all your essential costs throughout the year before being tempted by discounts and deals for items that you may not need.
Throughout this blog, we are going to answer some of the most frequenlty asked questions we get at the start of term in regards to Student Finance and how you can get in contact with us.
I haven’t received my Student Maintenance Loan, what can I do?
If you have been assessed for your funding by Student Finance England (or your regional funding provider) and have recently enrolled, it could be that the University has only just confirmed your attendance. This usually triggers your loan payment, however it can still take up to 5 days for any money to reach your account.
If you have enrolled, but you haven’t yet been assessed by Student Finance England (or your regional funding provider), then we would encourage you to call them or check your online account for an update on your application. You may need to provide further information to support your application.
I’ve only recently applied for student finance, how long will it take to be assessed?
Applications usually take approximately 6 – 8 weeks, however, the start of term is a very busy time for processing applications and additional information. We would encourage you to check your online account for updates and call SFE (or your regional funding provider) if you have queries.
Can I apply for any short-term loan until my student finance comes through?
Students can apply for a short-term Bridging Loan of up to £500 (eligibility criteria apply). For further details and to apply online, click the button below.
I’m not sure I have been assessed correctly for my Maintenance Loan, how can I check?
f you’re worried and want to check if you’ve been assessed correctly for your funding, please use the Student Finance calculator to estimate the level of loan available as well as any extra student funding, for example if you have a disability or children. Please note this calculator is for students from England and EU students starting a new undergraduate course in 2021/22.
Can the Financial Guidance Team contact Student Finance England (SFE) on my behalf?
Yes. We would however encourage students to call SFE initially as this may resolve your query quickly. If you still require help and would like the team to contact SFE, you will need to set up a ‘consent to share’ to give permission. This allows the Financial Guidance team (or other Student Services team) to contact SFE (or your regional funding provider) to discuss your application on your behalf.
To arrange this, please call SFE on 0300 100 06 07 and advise them that you would like to set up a ‘consent to share’ for the University of Northampton – they will usually ask for the institution name, as well as our relationship to you, which is ‘Higher Education Provider’ or HEP. They may also ask for the postcode of the University (NN1 5PH).
You will then be asked for a password, which the Financial Guidance team will need to know to access your account – please contact us afterwards with this password.
Is there additional support available from SFE for those with dependents or disabilities?
Yes. SFE have additional support available for those with children or dependent adults as well as support for those with a disability, long-term health condition, mental health condition or specific learning difficulty (such as dyslexia), eligibility criteria apply. Please see a summary below:
Parents Learning Allowance - up to £1,821 a year depending on your household income.
Childcare Grant - up to 85% of weekly childcare costs (up to a maximum of £179.62 per week for one child or £307.95 per week for more than one child).
Adult Dependents’ Grant – up to £3,190 a year depending on household income.
I’m studying a health professional course and I’ve heard about an additional training grant from the NHS, what is this and where can I find out more?
Students who are studying on certain pre-registration undergraduate and postgraduate health professional courses such as nursing, midwifery, occupational therapy, podiatry, physiotherapy or paramedic science may be eligible for additional financial assistance from the NHS Learner Support Fund (eligibility criteria apply). Students may apply for this support in addition to the funding available from Student Finance England.
If you need to contact the Financial Guidance Team to discuss your funding query, we would encourage you to call or email initially. If necessary, we can arrange a follow-up appointment.
Come and see us!
The Financial Guidance Team, will be running drop in sessions on the ground floor of the learning hub between 10am and 2pm from Monday 4th October through until Tuesday 12th October. Feel free to come and see us with any questions or queries that you have surrounding your Student Finance.
Understanding the financial implications of studying a Masters’ degree, Postgraduate Teacher Training or a PHD.
So, you have finished your course – what is next? Studying for a Masters’ degree, training to become a teacher or studying for a Doctorate course are often popular choices. Whether you loved your course so much that you would like to carry on, you have decided that you need another qualification for your desired career, you want to impart your knowledge onto future generations or even that you would like a bit more time at university before deciding what to do next. There are plenty of exciting study options available. However, funding for a Masters’, teacher training or a PHD often differs from the support available for undergraduate study. Before enrolling on your dream course, it is worth taking some time to plan how you are going to fund yourself for the next year of study. Especially if you do not have savings, or family/friends who are able to offer support.
Budgeting
The first step is to work out what you need to live on as a postgraduate student. You may already know how much your living costs such as rent, food, bills, travel, etc, are likely to be, based on your spending as an undergraduate student. Tuition fees will vary depending upon the course, the university, and whether you plan to study on a full or part-time basis. For further details of course fees, please refer to the ‘Fees and funding’ section of the course overview page of the website: https://www.northampton.ac.uk/courses/
If you studied for your undergraduate course at the University of Northampton and plan to enrol on a Masters or doctoral programme with us, you may be eligible for a 20% discount on course fees (eligibility criteria apply), please see the Graduate Discount Scheme for further details:
Now consider other course-related costs such as books, printing, equipment, field trips, placements, etc – you may need to contact the course tutor for further details of typical costs.
If possible, make sure that you allow some room in your budget for additional spending, in case of emergencies.
Do not forget that a full-time Masters’ and teacher training courses can typically run for 52 weeks – and sometimes longer. Whereas a full-time PHD typically runs over three years and can take double that if being studied part time. For further budgeting guidance, read our Money Matters blog: http://moneymatters.northampton.ac.uk which has more information about how to budget and why do you need to budget, as well as and other related posts; including online tools like student calculators and Apps to help save you money.
Postgraduate Master’s Loan
You may be eligible for a Postgraduate Master’s Loan to help you with your tuition fees, living and course costs while studying (eligibility criteria apply). However, there are several differences between this loan and what you may have received when you were an undergraduate student:
There are no separate loans for tuition fees and living costs (maintenance) – instead, you can apply for a single loan of up to £11,570 (for courses starting in 2021/22). This means that you will need to arrange payment of your tuition fees directly to the University. The Postgraduate Master’s Loan is paid in three instalments during the academic year; if you are studying for longer than a year, the funding will be split evenly across the length of your course.
It is not means-tested – therefore the amount available is not based on your income or your family’s income. This can be good news if your family has a high household income, however those who come from a low household income may find the support available is much less than the support available while studying an undergraduate course, especially as there are no additional allowances such as Parents Learning Allowance or the Childcare Grant to help with childcare costs. So, if you need childcare while studying, you will need to consider this cost within your budget.
Usually you can only apply for a Postgraduate Masters Loan towards one full Masters-level qualification. There is no ‘plus one’ year of support available if you need to repeat or retake part of your study.
Further information about the Postgraduate Master’s Loan including eligibility criteria and how to apply is available online*.
As the Master’s Loan is unlikely to cover your tuition fee, living and course-related costs in full, you may wish to consider it as a government contribution and then look at other ways to pull together the money that you need.
Teacher Training Funding
Students looking to continue their postgraduate study and become teachers may be able to apply for funding if completing a course in Initial Teacher Training (ITT) (not including early years) or a Postgraduate Certificate of Education (PGCE). You will need to apply for undergraduate student finance to get funding for your teacher training, even though the course is postgraduate level.
Students who have already gained qualified teacher status cannot get an undergraduate tuition fee loan.
The Tuition Fee Loan is up to £9,250 (2021/22 academic year) and the Maintenance Loan to help with living costs is up to £12,382 (2021/22 academic year), however please be aware this rate is lower for those living at home or living outside London. You can still apply for the tuition fee and maintenance loan if you already have a student loan from your undergraduate study, and regardless of whether you get a bursary or scholarship (dependent on subject area).
Alumni PGCE Bursary Award – If you studied your undergraduate degree with the University of Northampton and are looking to enrol on to a full-time PGCE course, you may be eligible for the Alumni PGCE Bursary Award of £500, please visit our website for full details.
Further information about funding for teacher training, please visit*:
You may be eligible for a Postgraduate Doctoral Loan to help with the cost of tuition fees, living and course costs while studying (eligibility criteria apply). However, much like the Postgraduate Masters Loan, there are several differences between this loan and what you may have received when you were an undergraduate student:
There are no separate loans for tuition fees and living costs (maintenance) – instead, you can apply for a single loan of up to £27,265 (for courses starting in 2021/22). This means that you will need to arrange payment of your tuition fees directly to the University. The loan will be divided equally across each year of your course and is paid in three instalments over the academic year;
It is not means-tested – therefore the amount available to you is not based on your income or your family’s income. As with the Postgraduate Masters Loan, there are no additional allowances such as Parents Learning Allowance or Childcare Grant to help with childcare costs. So, if you need childcare while studying, you will need to consider this within your budget.
Further information about the Doctoral loan including eligibility criteria and how to apply can be found online*:
* The above information is relevant to students applying for support from Student Finance England. Funding may differ for those who normally live in Scotland, Wales or Northern Ireland, so please refer to your regional funding body for further information prior to applying.
Loans from other providers
Loans to help cover the cost of tuition fees and living costs may be available from private companies such as banks or other specialist providers – however please be cautious if considering this option to fund your studies. Each provider will have their own eligibility criteria, interest rates and repayment arrangements may vary and you may find you are unable to apply for both a loan from the Government and another loan. Your credit rating may also be a factor here.
Bursaries and scholarships
You may be eligible to apply for a bursary and/ or scholarship, either from university or from a charity or trust; they are unlikely to fund your full study but may offer help towards specific costs such as fees or course materials. For further details please visit the following websites:
Be aware that bursaries and scholarships may be limited to students enrolling on specific courses or subject areas, and are usually subject to meeting certain eligibility criteria, receiving an award cannot be guaranteed.
Social Work Bursary – There are a limited number of postgraduate Social Work bursaries awarded by the NHS Business Service Authority for those studying on the MA in Social Work course. Further information and eligibility criteria can be found online:
University hardship funding such as the Financial Assistance Fund/ EU Hardship Fund may provide additional support towards your living and course costs, however, please be aware that tuition fees cannot usually be considered (eligibility criteria apply). However, receiving an award cannot be guaranteed, and assessment criteria states that postgraduate applicants will need to show that they have made reasonable provision towards the cost of their fees, living and course costs before applying.
Work while studying
Many postgraduate students also try to work while they are studying. This is a great way of improving your CV as well as providing additional income. Speak to Unitemps or other local agencies to see what is available.
For those studying for PHD often find work as associate lecturers, teaching and marking the work of undergraduate students or as that of researcher. It will be worthwhile discussing these opportunities with your course leader.
Taking time out
Look at your budget and be honest about whether you have enough money to start the course now. If your budget does not balance or there is no allowance in case of emergencies, taking a break from your studies so that you can start saving towards your next course may be the best option, especially if you are relying on a Postgraduate loan as your main source of funding.
Although it can be frustrating to put your study plans on hold, it would be far worse to have to drop out halfway through your course due to lack of funds, and still be liable to pay it back when earning above the threshold. There is usually no rush to begin postgraduate study – so if you are feeling a little burned out after your final exams, taking time out can be beneficial. This way you will be fully financially prepared as well as mentally ready to take on your next challenge.
Talk to us!
If you have any queries about postgraduate funding or budgeting, contact the Financial Guidance team.
If you are worried about money over the summer? The summer fund may be able to help you. Additional funding from the University is available to support continuing students over the summer break.
The past academic year has been difficult for many of us. The Covid-19 pandemic and the implications from it have had a significant impact. If you’re worried about your finances during the summer (10 July to 18 September 2021), you might be eligible for help from the Summer Fund (Eligibility criteria apply).
Don’t wait until you have run out of money, the deadline is Friday 9 July 2021, so apply now!
Funds are limited and there is no guarantee that you will receive an award, but you won’t know unless you apply.
To be eligible to apply for the Summer Fund, you must:
Be a UK (‘Home’) student*,
Be enrolled on a University of Northampton course (paying your tuition fees to the University of Northampton)
Have taken your full entitlement of statutory funding in 2020/21 from Student Finance England (or your regional funding authority) and/or NHS or the Learning Support Fund,
And be continuing on your course in 2021/22!
(Other eligibility criteria may apply).
*EU Tuition Fee only students please see EU Summer Fund below.
We especially encourage applications from the following groups of students:
Lone parents,
Those who are care leavers or estranged,
Those who have ill health/disabilities,
Those with caring responsibilities,
Those enrolled on courses which run throughout the full year (i.e. health courses, intensive courses, etc)
However, you do not need to meet any of the categories above to apply.
Please complete the application form(including all relevant sections) and send it to us at fgapplications@northampton.ac.uk with your supporting evidence (PDF copies only) before the deadline.
I applied for the Financial Assistance Fund earlier this year, can I apply for the Summer Fund?
If you have already applied to the Financial Assistance Fund in 2020/21 and are due to continue on your course in 2021/22, we will send you a shorter Summer Fund form to complete.
If you have already applied to the Fund and are enrolled on a long course such as BSc Nursing, BSc Paramedic Science, etc, you will not usually need to complete a new Summer Fund application as you will usually have already been assessed over a 52 week period.
Unfortunately, final year students are usually ineligible to apply to the Summer Fund, unless you are extending your course or repeating some of your study in the 2021/22 academic year. To apply to the Summer Fund, please complete the application form and provide evidence that you are continuing your studies.
Help us to help you.
Gathering together evidence may take time, but you should have all the information required to hand, please see our FAF – get it right first time information sheet for further guidance. Please be aware that the team can only accept supporting evidence in a PDF format, and assessment of your application will be delayed if we need to request further information.
Please note: The Fund is limited and awards will be allocated on a first-come, first-serve basis. Receiving an award from the fund is not guaranteed.
If you’re from the EU (and have applied for a Tuition fee loan from Student Finance Services or a Postgraduate loan from Student Finance England), you may be eligible to apply for the EU Summer Hardship Fund (eligibility criteria apply). For further information about the EU Hardship Summer Fund, click here.
The final deadline for applications and supporting evidence is 9 July 2021, subject to funds remaining available.
Reapply now for your funding for 2021/22.
If you haven’t already done so, reapply now for your student funding ready for 2021/22. The SFE deadline for continuing student applications is 25 June 2021; reapply by this date to ensure you have your money paid on time for the start of the 2021/22 academic year.
1. Login to OneDrive using your University of Northampton sign in details. (These are the same details you use to access NILE). Here is the link to the OneDrive login page.
2. Create a folder on your University of Northampton One Drive account and name it appropriately.
3. Upload all the documents that you need to provide to this folder. Make sure you name all the corresponding documents correctly with a relevant name. Such as David Lewis – Monzo Current Account – 1234 – May 2021. (By naming your documents correctly and fully, it will allow for the Financial Guidance Team to be able to process and review your evidence quicker). If possible, convert all of your documentation to PDFs as it ensures that it will not change format or formatting when opened on another computer.
4. When you have uploaded and appropriately named your required documents to the folder. It is time to share the folder with the Financial Guidance Team so we can access your supporting evidence. To do this you need to go back to the ‘My Files’ section of you OneDrive and click on the icon next to you folders name which shows and arrow leaving a folder.
5. This will take you to the send link menu, where you can determine how you want to share the folder with the Financial Guidance Team. We recommend using the ‘Copy Link’ function as it allows you to send from your email provider of choice.
A screen grab showing the Microsoft OneDrive
6. Make sure to set your link settings to ‘People in The University of Northampton with the link can view.’ If it is not automatically set to that, you can can change it by clicking the arrow to the left of whom it is sent to. You will then get a menu where you can select the relevant option and click apply.
7. You will then want to click on the copy link icon. This will create a URL link which you will be able to copy and share.
8. All you finally need to do, is create your email to copy you link into. Please include your student number and what you are providing the supporting documentation for.
If you have any more questions about the submission of supporting documentation, please contact the Financial Guidance Team.
We know that in these unprecedented times you might be concerned about your finances and looking at additional funding options. We’ve compiled all the information that you will need about the additional funding you can apply for through the University’s Financial Guidance Team in one blog post for you.
Financial Assistance Fund
If you’re a UK / ‘Home’ student, you can still apply to the Financial Assistance Fund for support until the end of May. Please don’t wait until you have run out of money to apply to the Financial Assistance Fund, apply now.
If you’re worried because your loan, grant or bursary doesn’t cover your everyday living and course costs, then apply now to the Fund. We will compare your income and your expenditure (including any changes of circumstances) over the academic year and see if you show a shortfall.
If you are eligible, awards made range from £100 to a maximum of £4,500 and you will not usually have to pay this money back! There is no guarantee that you will receive an award, but you won’t know unless you apply.
For those wanting to apply for financial support over the summer period only, the team hope to have the summer fund open from June, further details will be on the website when this is available.
Please note: The Fund is limited and awards will be allocated on a first-come, first-served basis. Receiving an award from the fund is not guaranteed
Who can apply?
To be eligible to apply to the Financial Assistance Fund, you must:
Be a UK (‘Home’) student.
Be enrolled on an undergraduate or postgraduate University of Northampton course for the current academic year.
Have taken your full entitlement of statutory funding (including maintenance loans) in the current academic year, from Student Finance England/ Student Finance Wales/ Student Finance Northern Ireland/ Student Awards Agency for Scotland and/or NHS funding (NHS Learning Support Fund for new healthcare students).
To apply, you must complete the Financial Assistance Fund application form (including all relevant sections) and send it to us with your supporting evidence (PDF format only). The deadline for applications is the end of May, and further information to support your application can be accepted until the start of July, subject to funds remaining available.
We appreciate that gathering evidence for your application may take time, however you should have all the information required already. For most applications, the most time-consuming part is gathering copies of bank statements. To help us assess your application quickly and to avoid us asking for further information, please refer to the list of supporting evidence on the application form. Below we have listed some top tips:
Remember to include a copy of 3 months bank statements for all accounts held by you (and for your partner if you have one). You may have many accounts, some you may use often and others that you don’t use as much (such as savings accounts), the team need to have a copy of bank statements for all accounts held
Ensure the bank statements clearly show your account name, account number and sort code details, so that we can identify the account as yours. If your statement doesn’t show all these details, you may need to submit further information which shows this.
If you have any transfers to other accounts, please ensure these transfers are explained and ensure you have provided the team with a copy of the bank statements for these accounts.
If your application is missing any evidence, the team will request this by email and this will delay the assessment of your application.
Additional support available to you.
You might also be eligible to apply for additional financial support through the Financial Assistance Fund for the following:
Applying for financial support towards a diagnostic test for those with dyslexia or other learning difficulty.
If you’re from the EU (and have applied for a Tuition fee loan from Student Finance Services or a Masters loan from Student Finance England), you may be eligible to apply for the EU Hardship Fund instead (eligibility criteria apply).
Mother’s Day or Mothering Sunday falls on Sunday 14th March this year in the UK. For many people, they will be spending their Mother’s Day away from their loved ones even though restrictions are gradually starting to ease – as of Monday 8th March you can meet one individual outside in a public space. However, for some a virtual or digitalised Mother’s Day will be a thing. Throughout this Money Matters Blog, we’ll give you some top tips and savings on what you can do for a slightly different Mother’s Day.
A card is the staple gift of all celebrations, be it a Birthday, Christmas or Valentine’s Day – a card is a necessity. If you are planning on posting a shop-bought card, you best be looking to post it very soon, as Royal Mail don’t deliver post on a Sunday. If you are planning on posting First Class you will need to have put it in a post box by Friday and for Second Class by Wednesday. (Always remember to check the collection times on the Post Box, because if you miss it, your post won’t be collected until the next day).
If you’re looking to find something more personalised or potentially funnier than the standard shop bought card, have a look online. There are loads of websites out there where you can personalise your cards with pictures or funny messages. These websites run all year round, so you can get the card of your choice for any celebration. Some of our favourite websites for personalised cards are Funky Pigeon and Moon Pig. They will post it directly to your recipient you needn’t worry about the stress of postage they’ll inform you of the last day that you can order this with postage.
What says Mother’s Day more than a beautiful bunch of flowers being handed over? For those of you living at home, you would normally be able to pop to a local florist (however Covid-19 Restrictions may prevent you this year) or a supermarket and pick up a beautiful bunch of lilies or daffodils. If you have one of NUS’ Totum cards, you can get 10% off in Co-op, making some great extra savings.
For those of you living away from home and needing to send something by post or for those of you living at home and wanting to order something extra special, There are a whole array of online florists out there, if you use the StudentBeans app, you can find up to 20% off at eflorist.
There are loads of different online florists and great supermarket bouquets to be found out there. However, don’t leave it to the very last minute and end up with a wilted twig.
Hampers & Gift Sets
If you are unsure of just one thing to get your Mum for Mother’s Day, why don’t you get them a few different things such as a hamper or a gift set? You can make your hampers and gift set reflective of what you want or what you know your Mum would love? Be it chocolate, wine, bath stuff or even cheese. You can do whatever you’d like with a hamper.
If you are currently living with your Mum, you can easily make your hamper, by grabbing some of her favourite things from the supermarket or even venturing to B&M to see what wonders they have available.
If you’re living away from home, ordering a hamper online to be delivered to your Mum’s front door is probably the easiest thing to do. There are tonnes of websites doing online hampers this year so you can be spoilt for choice. Websites such as Not on the High Street have a whole array of different hampers that you can order.
If you’re an avid online shopper and make the most of your Amazon Prime Student account, you can find some amazing deals and hampers on there too and make the most of the Prime next day delivery. Such as this Teamtime Delights Mother’s Day Hamper.
Photo Albums
In the digital world that we are living in currently, with high-quality cameras built into our smartphones, we take more photos than ever before. But often they get lost into the ether of our smart phone’s photo album never to be looked at again. So why don’t you print these photos into an album?
Snapfish currently has 50% off on photo books allowing you to create a book of memories that can be flicked through, wherever and whenever.
Looking for a last minute gift for Mother's Day? Save up to 50% off everything + order by today to receive your gifts in time! See https://t.co/rHOxVmU9jJ to catch our latest deals. pic.twitter.com/Vp5L6vR2vg
If you want to have constantly changing photos, why don’t you consider getting a digital photo frame? These were all the rage a few years ago and allow for a constantly changing slide show of photos. Which could be a great way to share memories with your loved ones.
Whatever you do this Mother’s Day in this somewhat strange time that we are finding ourselves in, do what works for you! For many people, the Covid-19 Pandemic has brought financial hardships and difficulties so spending a large sum of money may not work for you. Remember it is the thought that counts.
But always make sure to see if Student Discount is available as you could save yourself a whole host of money!
University Mental Health Day is a significant day throughout Universities in the UK. For many, this past year of Covid-19 and its restrictions has had a significant impact on their Mental Health. One element that can have a significant impact on an individual’s Mental Health is their financial situation.
For anyone struggling financially, be it because their Student Loan isn’t stretching far enough, they’ve faced redundancy, been placed on Furlough because of the Covid-19 Pandemic or they have been unable to find work , this can make the management of their money considerably harder. For individuals with money worries – this can make their mental health worse. It is somewhat of a vicious cycle.
From Source.
Many students would usually find work within the hospitality sector such as local pubs, bars, restaurants and night clubs or within the retail sector, as this often fits alongside their studies. With these areas having been impacted massively during the Covid-19 pandemic – with some areas not expected to re-open until the middle of June, this has had a huge impact on the options available to students. In yesterday’s budget announcement, it was announced that the Furlough scheme would be extended until September, so many may face the continuation of life on 80% of their normal income but still having to balance this against their usual living costs.
However, for those who have not been on furlough and may have lost their jobs or not been able to find work at all, University life may have been very challenging over these last few months.
With so many 18-24 year olds facing a loss of employment and many of those being University students,having an understanding of how your finances can impact your Mental Health and being aware of the support available to you, is vital.
Many individuals who are experiencing difficulties with their mental health, may feel anxious and isolated (especially so within the current climate) and may find the management of their finances challenging. However, the University of Northampton have a Counselling and Mental Health Team and Financial Guidance Team who are here to provide information and support to help you. You can find out more about the Counselling and Mental Health Team here:
Find out more about University Mental Health Day here:
Please find below more information about the financial assistance and support offered by the University.
Hardship funds
The University of Northampton has recently received funding from the Office for Students (OfS) to help students who are struggling financially due to the impact of Covid-19. There are two funds currently available to students at the University of Northampton, which are:
The Office for Students (OfS) Covid-19 Hardship Fund
The Office for Students (OfS) Accommodation Hardship Fund
Both funds offer support of up to £500 per student and you can apply for both if you meet the eligibility criteria. To find out more and to apply for these funds, please visit the Finances section of the Student hub or click the buttons bellow.
The majority of Home and EU students at the University of Northampton receive some level of funding from Student Finance (dependent on their home region). For some, their eligibility for funding may have potentially changed with current circumstances, if you have had a change in circumstances and need to find out more about how this may impact on you, you may wish to contact your funding provider directly, please find details below:
*Those whose course started within the 2020-2021 Academic Year
Disabled Students Allowance (DSA)
Students experiencing mental health difficulties may be eligible for DSA. Students experiencing mental health difficulties may not identify as disabled; however, for many experiencing mental health difficulties, it can be disabling and have an impact on your access to education.
For more information about DSA, the eligibility criteria and how to apply, please click here:
Money management and Mental Health go hand in hand. If you have any questions about any of the above funding or want to find out more email money@northampton.ac.uk.
The University of Northampton has received money from the Office for Students (OfS) to help support students who are struggling with the costs of their student accommodation, as a result of the Covid-19 pandemic. The University of Northampton Financial Guidance Team have therefore set up a new Accommodation Hardship Fund.
The Office for Students (OfS) Accommodation Hardship Fund can offer support to students who are renting student accommodation (both University Halls of Residence or Private Sector accommodation) and who are facing financial hardship because of the Covid-19 pandemic.
To be eligible to apply for this fund, you must meet the following criteria:
You must be enrolled on a University of Northampton Higher Education course. The Fund will be available to all Home, EU and International Students who are enrolled on a full-time or part-time, Undergraduate or Postgraduate course or studying with a University of Northampton Sub-Contract partner.
You must be able to demonstrate that you have student accommodation costs to pay. The Fund is aimed at those who cannot live at home and are currently living in University of Northampton Halls of Residence or Private Sector student accommodation OR those who are currently living at home but are still paying rent for student accommodation.
You must be able to demonstrate that you are in financial hardship. This could be a loss of an income stream which you rely on, such as a loss of employment or reduced working hours/furlough, you have been advised to self-isolate by NHS Test and Trace or have incurred additional costs due to Covid-19 and have access to limited funds. You will need to provide copies of your bank statements to demonstrate your access to limited funds.
You cannot apply for this fund if you have applied for and are eligible to receive a rent rebate on your rental contract with the University of Northampton Halls of Residence. All applications will be checked with the Accommodation Team.
You cannot apply for this fund if you are living in your own home (mortgage or renting) and are therefore not paying additional rent for student accommodation.
Please be aware that the OfS Accommodation Hardship Fund is limited and applications will be processed in date order by the Financial Guidance Team. Awards are restricted to one per student; up to a maximum award of £500.
To apply for the OfS Accommodation Hardship Fund you must complete the online application form which you can find on the Student Hub:
For further information about this fund and other funds offered by the Financial Guidance Team, please visit the Finances pages!
To allow the team to process your application as quickly as possible, please ensure you have provided all your supporting documents. This includes a copy of your tenancy agreement as well as a copy of bank statements for ALL the accounts held by you as well as any other supporting evidence that can help your application.
Many students are failing to submit all their bank statements, which means we need to ask for further information and results in a delay with your assessment. Please help us to help you, by providing all your information when you submit your application.
The deadline to apply is Wednesday 17 March 2021. All application forms and any supporting evidence must be received by this date and will not be accepted after this date.
The team have already received a large number of applications. Funds are limited, so please be aware that funds could be fully allocated before the deadline date is reached.
If you would like to find out more about this fund or other support offered by the University, please visit the University of Northampton Finances page:
