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Financial planning

There’s lots to consider when going to university, and it’s really important to start thinking about your budget in advance as this can help you plan and minimize stress during your course. A great way to start is by deciding where you want to study and calculating the cost of living in your desired location.

Getting started with financial planning

  1. Plan Your Finances

    Below are some useful resources to get you started on your financial planning. 

    Introduction to student finance: UCAS 

    Budgeting for university expenses: Which? 

    Top tools for budgeting: Money saving expert 

  2. Find out what you are eligible for

    Unsure about what financial support is available to you at university? Below are some resources you find helpful: 

    Check if you are eligible for student finance 

    Check if you are eligible for extra help during your studies 

  3. Additional support through educational grants, trusts and charities 

    Whether you come from a low-income household, are experiencing financial hardship or need extra support to either go to or stay at university there is support available to you. Below are some useful resources to get you started on your search: 

    Turn2us 

    Prince’s Trust 

    UK Council for International Student Affairs 

Tips to make your money go further once you’re a student

Managing your money is really important to cover your must haves, nice to haves and unexpected expenses. Here are our tips to help you budget properly and ultimately save money at university:

Create a budget: Try a student budget planner, or budgeting apps such as Money Lover, Cleo, Money Dashboard, Hyper Jar.

Stick to your budget: set a weekly allowance, identify money drainers, and why not follow some personal finance influencers for their top tips.

Research suitable student bank accounts: Tips for choosing the right account, Top 10 student accounts 2023.

Make the most of student discounts: Keep an eye on MSE deals, Apply for a TOTUM card, and sign up for UNiDAYS for savings on eating out, tech, fashion, travel and more.

Financial support at TEDI-London

TEDI-London also have a number of resources available to eligible students. These include: 

Scholarships 

We want to ensure that a diverse range of students are able to study with us. Our scholarships portfolio is designed to support this. Scholarships are offered to eligible students who have submitted a successful scholarship application at the point of offer to study at TEDI-London. Please note you cannot apply for a scholarship after your studies have commenced. 

Bursaries 

We have bursaries that are automatically awarded to eligible students after successful enrolment. To ensure you get access to these please ensure all information on your student finance application is up to date.  

TEDI-London Student Financial Support Fund  

At TEDI-London we understand that there are many things that can impact on your financial situation while you are a student with us. We encourage students who are experiencing hardship to get in touch with the student hub team.