Financial wellbeing

Due to our extensive research and focus on student mental health, we are all too aware of the connection between financial stress and poor mental wellbeing. In fact, the Money and Mental Health Policy Institute has found that people with mental health issues are three times as likely to be in problem debt.

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Our pledge

We want all our residents to make a smooth transition into university life. We know that juggling finances and making ends meet can be difficult and that this can prevent some of our residents from achieving their academic goals.

With this in mind, we created a #MoneyHacks guide with a collection of top tips and information to help students make the most of their money.

What we’ve done to help remedy the situation

In short, we recognised that financial support is essential, and something we are bound to provide with 13,000 students living in our UK halls.

On the other hand, we’re aware that we won’t always be able to deliver the specialist advice that our students need, so we started searching for a partner who could.

Staff training

We ensure that staff can provide guidance and signpost students appropriately, whether they are struggling to manage their finance, or if they want to help put measures in place to avoid future issues.

Pre-move-in support

During the first six weeks of the year, students have the option to attend drop-in sessions, as they adjust to managing their finances independently. We hope to provide students with an overview of what to expect from money management when they start their academic career.

Money Focus Week

Following the research to find out if students understand the consequences of poor finance management, we feel that it’s important to financially advise students during their time at university. So we have created Money Week – a week full of finance-focused events.