Covid-19 has presented many challenges, and a lot of students are struggling financially as a result. So, what can you do to get additional support?
Have you been affected financially by Covid-19? If you’re struggling to support yourself with your student finance this year due to the impact of the pandemic, then you might be eligible for additional funding under the new government scheme that’s injecting £50 million into student support.
Here’s everything you need to know about seeking financial aid during the Covid-19 pandemic.
What should you look out for?
Your university will have its own name for the hardship fund. It might be called a ‘financial assistance fund’ or go by another name, so search what your institution calls it. You should be able to find out this information on your university’s student services page.
What is the government scheme?
The government scheme aims at providing universities with financial support to help eligible students. Some universities will have more funding capabilities than others, depending on how much the institution can contribute themselves, in addition to the government support.
Will you be eligible?
Find out if you can receive financial support from your university by contacting them directly, and checking out their individual policies. However, there are some umbrella causes for students receiving additional support:
- Additional costs associated with alternative accommodation
- Loss of employment
- Additional costs to access online teaching
- Non-use of student accommodation when told not to return to halls of residence (rent rebates)
Contact your university to find out if there is any additional funding you could apply for. Put your needs first and ensure that you get the help you deserve. It’s easy for us to think of all those who are struggling even more than we are during the pandemic and refrain from asking for help until we’re absolutely desperate, but the funding is there for those who ask.
What if my parents have been affected by Covid-19?
If your household income has changed due to the pandemic, contact your university’s funding team and discuss the option of receiving additional student finance.
While you wait to hear back from your university on how they can support you financially, why not get your finances in shape as part of National Student Money Week. Join the free money saving bootcamp, where you’ll learn about building an emergency pot and insurance so you’re covered for any future rainy days.
We’ve also got lots of tips and tricks about saving money and surviving university on a budget.