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The Student Money Advice Service

The Student Money Advice service is available to prospective or current students, and can provide you with free, confidential and practical advice on student money matters whilst at Northeastern University London.

The Student Money Advice service sits within the Student Support and Development team, and can support you with a range of concerns that you may encounter during your time here. We aim to help students overcome any financial difficulty they may face, including but not limited to;

  • Support understanding and liaising with the Student Loan Company, including Student Finance England (SFE), Student Finance Wales (SFW), Student Finance Northern Ireland (SFNI) and the Student Awards Agency Scotland (SAAS)
  • Administering the Northeastern University London Bursary, with funds of up to £4,000 available to students who are eligible. More information is available here
  • Support managing periods of unexpected financial hardship, through our Northeastern University London Hardship Fund 
  • Supporting students to understand tenancy agreements and housing rights, with support from and signposting to organizations such as Shelter and Citizens Advice Bureau where appropriate
  • Outlining the process of establishing a UK bank account for international students
  • Additional support for students who are independent, care-experienced or estranged

 

Budgeting in London

We have also produced a student budget planner, available here to help students to manage their money and begin their own financial planning.

We encourage students to use this alongside the Northeastern University London Student Money Advice Guide, with some tips and tricks on how to make your money go further. 

Top tips include:

  • Ensuring that you are receiving all the financial support you are entitled to through the Student Loans Company (if eligible), as the Maintenance Loan is usually the best way to support yourself through study 
  • Utilizing the Senate House and Northeastern University London digital library to access course materials for free, rather than purchasing course materials that can often be expensive
  • Attaching a Young Persons railcard to your Oyster card for a third of all travel
  • Investing in a good batch cookbook and reusable travel mug to make sure you can bring lunch and coffee from home, as small costs add up over the year
  • Finally, don’t forget that help is always at hand – our student support team will be happy to share their knowledge with you