If you’re struggling financially and find yourself unable to cover essential, day-to-day living costs, you could be eligible for extra money through the University’s Living Cost Support Fund.
The Living Cost Support Fund is a University scheme that exists thanks to generous donations from alumni and friends who want to ensure that no Manchester student is left struggling. If you are struggling financially, particularly if you are experiencing financial hardship as a result of the COVID-19 crisis, we would strongly encourage you to apply for support.
The fund is open to all students, regardless of level of study or nationality. It is open all year round and can award grants of up to £2000 to help you overcome financial hardship or unforseen additional costs.
In order to support university students impacted by the current COVID-19 crisis, the government has distributed an additional £50 million to help students in hardship. The extra funding means that universities will be able to help students impacted by the pandemic, for example those facing additional costs for alternative accommodation, loss of employment, or extra costs to access their teaching online.
If you’re genuinely struggling, there’s absolutely no shame in seeking help. The fund is intended to assist as many students as possible, and our assessment process will determine the level of assistance to offer to you.
National Student Money Week 2021
National Student Money Week 2021 takes place between 8 – 12 February and is the biggest money awareness week of the year. This annual campaign helps to bring free money advice to students across the UK and this year the campaign focuses on ways you can manage your finances to expect the unexpected so you can save for a brighter day.
We’ve found some useful resources that may help with your financial planning whilst at university. It is worth taking a look at these resources throughout the week:
- UCAS details ten things you need to know about saving money whilst at university – from managing an overdraft, making the most of student deals to checking if you’re covered by your parents’ home insurance – these savvy tips will help you save money if you are living away from home.
- Save the Student share a comprehensive list of 83 practical ways to save money as a student, showing how easy it is to get discounts and freebies when you know where to look.
- The Money Saving Expert is always a good website to check for all your finance needs, with helpful guides and tools to help you save money while studying.
Visit nationalstudentmoneyweek.com for more information and advice.