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Student Financial Support Team Austin Murley Student Finance Adviser

Student Financial Support Team Austin Murley Student Finance Adviser

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Page 1: Student Financial Support Team Austin Murley Student Finance Adviser

Student Financial Support Team

Austin MurleyStudent Finance Adviser

Page 2: 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

Page 3: Student Financial Support Team Austin Murley Student Finance Adviser

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

Page 4: Student Financial Support Team Austin Murley Student Finance Adviser

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– Undergraduates and postgraduates– Full-time or part-time– Must be able to demonstrate had adequate funding in place– Experiencing unexpected financial difficulties at the time of

application

Page 5: Student Financial Support Team Austin Murley Student Finance Adviser

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

Page 6: Student Financial Support Team Austin Murley Student Finance Adviser

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

Page 7: Student Financial Support Team Austin Murley Student Finance Adviser

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

Page 8: Student Financial Support Team Austin Murley Student Finance Adviser

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– [email protected] – 0191 239 3979

Page 9: Student Financial Support Team Austin Murley Student Finance Adviser

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