Student Financial Support Team

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Presentation transcript:

Student Financial Support Team Austin Murley Student Finance Adviser

How can we help? Information about statutory student finance & help if things go wrong Check entitlement and make sure you are getting everything you are eligible to receive Funding available to help if you experience unexpected financial difficulties Help with childcare costs for undergraduate students Budgeting and help managing your money Tailored one-to-one appointment Weekly drop-in sessions Based in King’s Gate

Struggling to make ends meet? Hardship Fund Discretionary funding for UK students For unexpected financial difficulties or low income Helps students to participate in higher education Assistance with living costs – cannot pay fees Help with childcare costs for undergraduate students Financial Assistance Fund Discretionary funding for international and non-UK EU students For unexpected financial difficulties Limited assistance with living costs Cannot be used to assist with tuition fee payments

Struggling to make ends meet? HF Eligibility Undergraduates and postgraduates Full-time or part-time Must have accessed all other funding before applying to HF FAF Eligibility Must be able to demonstrate had adequate funding in place Experiencing unexpected financial difficulties at the time of application

Struggling to make ends meet? Application & Assessment Process Complete an application form and submit all the relevant supporting documentation Forms are available from King’s Gate, Level 2 reception or from the Student Wellbeing website: www.ncl.ac.uk/students/wellbeing/finance/funding/ Non repayable award or repayable loan but no guarantee of a successful application Notified of outcome by email Payment made by BAC’s transfer

Emergency Funding Small short-term loan Help to cover basic living costs Assist students who have exhausted their funds or who have a delay in funding All payments are discretionary Provide proof of available funds Contact us by telephone to discuss circumstances in first instance

Managing your money Keen to promote financial capability among all students Making ends meet Planning ahead Keeping track Making informed choices about financial products Staying informed about financial matters Tailored budgeting sessions Information about what university could cost Ideas to help increase income and cut costs Student specific information bank accounts travel help with health costs Council tax Student loan repayments

Debt Management and Benefits Advice Pre-existing debts or if you accrue unmanageable debts whilst at University Single full-time student with no dependants or no disability not usually eligible to receive benefits Specific circumstances Lone parents Part of a couple Disabled Student Advice Centre, Students’ Union student-advice-centre@ncl.ac.uk 0191 239 3979

Contact Details Student Financial Support Team, Student Wellbeing Service, King’s Gate Tel: 0191 208 3333 Web enquiry form: https://my.ncl.ac.uk/students/enquiries Website: www.ncl.ac.uk/students/wellbeing/ Twitter: @NCLMoneyMatters