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University of Greenwich - Take time to sort out your university finances

August 8, 2014

ENP Newswire - 08 August 2014

Release date- 07082014 - For everyone keen to start a degree course this autumn, now's the perfect time to make sure all the financial arrangements are in place, according to Claire Evenden, Senior Student Finance Manager at the University of Greenwich.

Potential students don't have to wait for a confirmed university place to sort out financial support applications for tuition fees and help with living costs. The application can be updated once an offer has been made and accepted.

The next step, according to Claire, is to draw up a 40-week budget plan, taking into account all the money coming in and out of accounts. From this, students can plan ahead and identify whether they need to find part-time work to top up their incomes, for example.

'Starting life as a student doesn't automatically mean you will have no money,' Claire adds. 'Being sensible with your budget and not overspending will relay those financial stresses and allow you to focus on your studies, which is the most important thing.'

'Make it a priority to start shopping around for a bank account offering helpful features such as free student overdrafts and good interest rates, rather than freebies that won't actually help you,' she says. 'A bank account with a good smart phone app makes it much easier to move money around between accounts and keep track of what cash is being spent.

'A student Oyster card can save a lot of money on fares in London. Meanwhile, if you are moving away from home, consider your visits home and how you are going to get there. Book train tickets in advance to get the best prices.'

Once an offer for a university place is made, it makes sense to ask if any bursaries or scholarships are available to boost your income.

At Greenwich, the student finance team is readily available to help students plan their finances and provides valuable advice throughout their university course.

To find out more about being a student at Greenwich, and to take advantage of the Student Calculator, which helps to work out budgets, see:

A team of trained Clearing advisers is on hand at the University of Greenwich to answer queries and let you know what degree course places are still available. Advice lines are open from 9am to 5pm. Call 020 8331 9000 or visit:

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: ENP Newswire

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