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BUDGETING: OUR TOP TIPS
from Reach Jersey 2023
by factory
Budgeting for university can be tough. It’s worth thinking about ways to make your money last longer for the whole year.
Here are some of our top tips:
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Don't forget to budget
Budgeting is key when it comes to keeping tabs on your money, so you know exactly what's coming in and going out.
The UCAS website has some great resources on creating a budget and even has a budget calculator to give you a rough idea of what your key income and outgoings might look like. Search ‘managing money’ on www.ucas.com
Trusts and bursaries
We have some fantastic trusts and bursaries available in Jersey that offer extra funding support for students. We highly recommend looking at ones that fit your course and applying for them! The bonus is that you can apply for these alongside your Student Finance funding.
A big benefit is that most providers will often offer extra support through work experience, career advice and future work opportunities. Just search for ‘trusts and bursaries’ on www.gov.je
Make your money go further www.totum.com
Getting an NUS card (now called a Totum card) is a must! It gives you access to loads of student discounts and deals from food and travel to clothes and plenty more.
Read the small print!
Check through the paperwork on things like your phone contract or bills as they may not provide the best deal. Especially when you arrive back on-island, you don’t want to be paying in excess for things like data.
TV licence
One thing you may not realise, is that most students will need a TV licence. Check the UK’s TV Licencing website. Your university’s online forums may also have advice from previous students.