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.

View the guide

See our #MoneyHacks information leaflet, ‘Top tips for managing your finances‘, for more advice and guidance on managing 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 want to ensure that staff can provide guidance and signpost students appropriately, whether they are struggling or they want to put measures in place to avoid future issues.

Pre-move-in workshops

We hope to provide students with an overview of what to expect from money management when they start their academic career.

Arrears workshops

These sessions will support students who are in arrears and provide advice and guidance on how to get back on track.

Drop-in sessions

During the first six weeks of the year, students will have the option to attend drop-in sessions, as they adjust to managing their finances independently.