Student life can be financially challenging. You’re likely to have to pay tuition fees, and not every student can count on family support or receiving a grant. Student jobs can bring in extra income, but they might not pay enough to cover all expenses, especially when unforeseen circumstances like home repairs suddenly burn a hole in the budget. Read on to find out more about student finance, myths about student loans and why it may be useful for you to pay attention to your spending while still in university.
Graduation and credit reports
Overspending and other forms of debt you acquire while still being in university can affect your ability to obtain credit after graduation. It helps to think about a credit report as your financial CV that illustrates your financial behaviour in the past. Continue reading “A student loan might be the only way of having enough money to pay for tuition and everyday expenses”