Coronavirus and student finance – FAQs

The Coronavirus pandemic has changed everyday life dramatically – it’s a very confusing and anxious time for many, and although the primary focus is health, there is likely to be an impact on money too. 

However, we have compiled some Frequently Asked Questions which can help if you have any queries about finances during this time.

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Money FAQs for beginning of term 2019/20

At the start of term, the Financial Guidance team receive many queries relating to student finance and funding. Here is a list of the most typical questions – and answers – to help you while you study with us.

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Money at the beginning of term – FAQs

At the start of term, we receive many queries relating to student finance and funding, including what to do about late loans or when Halls rent is due. Here is a list of the most typical questions – with answers – to help you while you study with us.

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How to spend a student loan (part 1)

After you’ve applied for your funding, you can now think about how you’ll spend your money when you get to university. Whether it’s the first time you’ve had to manage your finances or you’re swapping a salary for a student loan, if you start to look at and prepare for potential costs early, it will be easier to create a budget – allowing more time and energy to enjoy your new life at university.

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Prospective students – How can I fund my course?

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If you’re thinking of starting a university course in September, now’s the time to start looking into and applying for your funding: as well as tuition fees, you will also need money for your general living and course costs e.g. food, travel, books, socialising, etc.

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Quick guide to completing your FAF application

If you’re struggling financially, you may be eligible for an award from the Financial Assistance Fund (FAF) – to apply, you need to complete an application form and provide evidence to demonstrate your finances over the academic year.

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