Wednesday, March 29, 2017

University accommodation and How To Finance It




Hey guys,

Its been a while but I have been updating my youtube channel regularly. If you haven't yet don't forget to subscribe to undercoverchick! I have been uploading university life vlogs and ever since I frequently receive questions about uni life on instagram and to my email and please continue doing this, I am open to any questions and would love to help my readers and viewers!

This post is specifically dedicated to one of my readers  - Saumya who messaged me on Instagram.
She read my budgeting post and wanted to know how I managed to pay for my uni accommodation as well as have spending money left.

First of all please make sure you apply for your Student Finance as quickly as you can. I applied for mine as early as January. If you leave it till last minute then your payments will get delayed. Although I started mine early enough I didn't get approved till August as there were some issues regarding how much finance to allocate as I am a EU national but have lived long enough in the UK to get the same rights. As Brexit has been started off today things may change for you and please do get it done.

Now that you have an approved application and know how much you will roughly receive - look at your accommodation fee and calculate how much and IF you will have any left over. In my first year  I had almost no money left, roughly 100 pounds which was meant to last me over 12 weeks which is obviously impossible! Throughout sixth form I worked at KFC and managed to scrape together some money to survive in the first term. I didn't want to start freshers week with no money and limit myself to what I can do. Luckily my parents cooperated with me and funded and helped a lot in my first year. If you know you are not going to get the support and are not eligible for any other loans best shot is to get a job over the summer holiday.

IF you have the option to apply for a cheaper accommodation and know you will be needing the money then please do so! In my second year, I chose a much cheaper accommodation and it is nowhere near as bad as I thought it would be. I even have enough money left to spend on going out and eating out which I didn't in my first year. I also found a job which helped me a lot.

My point is it is not impossible to survive uni broke. Don't let finances put you off the idea of going to university, you will find a way and you can succeed as long as you work hard enough. My best advise would be to save your money as much as you can, try find a job and apply for any loans within the university if you are eligible.

I hope this helped!

Please feel free to message me with any questions.



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