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    In May I get the last installment from student finance for this year as well as pay the last rent installment for halls. I am left with around £1000 after accounting for living expenses and the rent. Obviously I shouldn't go out and waste this money but is there something that it is specifically meant to be used for?
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    (Original post by mrperson98)
    In May I get the last installment from student finance for this year as well as pay the last rent installment for halls. I am left with around £1000 after accounting for living expenses and the rent. Obviously I shouldn't go out and waste this money but is there something that it is specifically meant to be used for?
    Your finance includes funding to cover your living costs over the summer. If you've got extra left over then it's best to save this (if you're moving into private accommodation you'll need a deposit etc next academic year). Eventually in your final year of study then your living costs loans will be reduced (because once your teaching finished you're expected to get a job or start claiming benefits) so it's worth putting money aside to help cover extra costs in your final years.
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    (Original post by mrperson98)
    In May I get the last installment from student finance for this year as well as pay the last rent installment for halls. I am left with around £1000 after accounting for living expenses and the rent. Obviously I shouldn't go out and waste this money but is there something that it is specifically meant to be used for?
    Hi

    The funds are to cover course costs, travel, accommodation etc, however as this is a loan you have requested and that you will be repaying you can use these funds as you choose.

    Thanks
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    https://www.google.co.uk/search?q=£1...of+jaffa+cakes

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