Student Finance, Budgeting and scholarships

Trying to figure out your finances for university can feel overwhelming, but with the right tools and knowledge, you can stay on top of your money, reduce stress and make the most of your time at university. Here’s a quick guide to student finance, budgeting, and scholarships, plus an exciting opportunity to learn more!

Understanding student finance
Most UK students will rely on mix of student loans, grants and sometimes parental support. Here are some key things to know:

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Tuition fee Loan: covers your course fees and is paid directly to your university

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Maintenance Loan: Helps with living costs such as rent, bills, food and transport. The amount depends on your household income and where you live while you study

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Grants & Bursaries: Some students may be eligible for extra non-repayable support, often based on income or specific circumstances

Budgeting like a pro
Budgeting is the difference between living paycheck to paycheck and feeling financially secure. A simple approach:

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Prioritising essentials: Rent, bills, groceries and travel come first

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Set limits for extras: socialising, takeaways and online shopping can quickly eat into your funds

Scholarships and Bursaries

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Check your desired universities websites regularly. Many scholarships are released on the website.

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Apply widely! Even smaller awards can add up

Don’t miss out on a free upcoming opportunity, to help you dig deeper into your finances. Kingston University is hosting a free student finance and budgeting webinar on 25th March, where you can give tips directly from experts, learn about scholarships and ask you questions live: https://www.kingston.ac.uk/about/events/webinar-student-finance-budgeting-and-scholarships

What’s one thing you’re most worried or confused about when it comes to student finance?
Trenyce (kingston rep)

(edited 3 weeks ago)