Hi Anonymous,
Sorry to hear you are having some worries about finances at uni. I was in a similar position as I received the minimum student loan but no financial support from my parents. I am now in the second year of my undergraduate at Liverpool John Moores University and have been living away from home for both years. While I have had to be more savvy with my money than the average student, I have been able to get through university fairly comfortably. I have never gone without the necessities and have managed to maintain a nice social life on a budget.
The first thing I did doing my homework and finding a reasonably priced accommodation. I found a nice accommodation for £111 per week, while some of my friends didn’t do as much research and ended up paying upwards of £180 per week for their accommodation.
Secondly I found a job ASAP. For the whole of my studies I have worked for LJMU as a student ambassador, which is a role all LJMU students can apply for. I also sometimes do the odd shift for UNITEMPS which is LJMUs own student recruitment team that give students jobs around campus. All students jobs for LJMU pay at least the living wage, which is above minimum. During term time I average 15 hours a week and work more outside of term. Doing that has meant I have never really struggled for money or had that ‘skint student’ feeling.
Also I had to get serious with budgeting. I send myself a set amount of money at the start of the week and I stick to that no matter what. This stops me impulse spending on silly things and stops me from feeling broke at the end of the month.
Basically what’s I’m saying is it’s definitely do-able. Of course the choice is up to you and I understand it’s definitely harder when you don’t have the support of your parents. You can have an amazing uni experience living at home or living on campus, do what feels best for you!
Tilly 😃
LJMU Student Ambassador.