University is the best three years of your life; making friends, drinking and partying, with the occasional lecture. However, many students feel stressed over how they can financially fund the university lifestyle, often causing isolation and depression.
Fourth year student at Leeds Beckett Emily, works in Wetherspoons part time and feels this is necessary to fund life at university. “If I didn’t have the support of my parents, I would worry about money and it would stop me doing things I would normally do”.
However, some students want to be independent and feel reluctant to ask parents for support. Luke, a student at Leeds Trinity, says he “feels cheeky asking for money from parents all the time”.
However most students are unaware of the financial help that universities offer to struggling students. Alexander Sheckleton at Leeds Beckett student hub provides information on hardship funds and emergency loans. ‘Loans and grants can be given to students in emergencies depending on their circumstances. The university don’t want to see anyone struggle or unable to support themselves”. These awards can be applied for through most university support teams.
Mixing with people from different backgrounds at university puts struggling students under pressure, often feeling left out and inadequate.
Amy, studying sports therapy at Leeds Beckett, missed out on the ‘fresher experience’ after not receiving her student loan. ‘I struggled to mix with other students and make friends as everything involved spending money. I stayed in my flat instead of going out and felt lonely and depressed. Since receiving my loan and getting a job i’ve felt happier as I can eat better and socialise with friends”.
However not all students have time in their hectic schedule to think about their bank balance. Isaac Nelson, 19, first year student at Leeds Beckett thinks life is too short to think about money. “Socially, I have done whatever I want since being in Leeds and i’m not going to let money stop me. If I come to struggle, I will face that at the time, or just not eat ”.