Ways to Save Money on Campus (Part 1)

The student budget is an old cliche for a reason – pretty much every student is on a tight budget! Even if you’re not on the classic student budget, you’re probably still up for a freebie or a bargain if there’s one going. Well, you’re in luck. Now that I’m in my second year and on a tighter budget than ever, I have gathered some excellent ways to save money and find freebies on campus.

In this two-part mini-series, I’ll begin with how to make your spending work hard for you before sharing some more extreme penny-pinching tips in part 2.

Subway Points

Nestled within the SU building is our very own Subway, serving delicious sandwiches, salads, and snacks all day every day. You’re probably thinking “That’s not necessarily a cheap lunch, Sam” but hear me out. If you scan your Subcard when you make a purchase, you earn points and activate a ‘double points for 7 days’ incentive. Return again within those 7 days for their budget meal deal and scan your card again. The cycle starts again. Very quickly, you have enough points for a free 6-inch sub or salad bowl – I regularly purchase their budget meal deals and have a few free lunches a month!

Most Subway receipts also have the option to get a free cookie when you review your experience online. It takes 2 minutes, maximum.

Loyalty Cards for Coffee Lovers

The coffee shop I visit most on campus is 53.3 degrees within the Catalyst. Handily, they offer a loyalty card that earns you a free coffee when you collect enough stamps. If you’re a coffee lover you very quickly fill a card and get your freebie. The cookies in there are also delicious – highly recommend! Anyone else spotting a cookie theme here?

Discounted Coffee

Whilst we’re on the subject, bringing a reusable coffee mug will get you 20p off your drink. This in itself very quickly adds up to the equivalent of an extra coffee and also eliminates the amount of waste. Who doesn’t love helping the planet?

Now that I’ve helped you to make your lunch and coffees work for you, don’t forget to check back for part 2 of this mini-series where I will be digging a little deeper for those occasions where your purse or wallet is really looking dire. We’ll be talking leftovers, emergency tea bags and staying hydrated.

Sam xo

Student Finance and the Money Advice Team

With Student Finance applications opening soon, money may be on the mind. Edge Hill University does a lot to help ease money woes and provides numerous services and opportunities. On such resource is the Money Matters website, which has useful information on loans (which I have briefly detailed below), grants, bursaries, scholarships, and more!

There are two loans available from the government for undergraduate university study:

Tuition Fee Loan:
This is something you largely don’t have to worry about. You can borrow enough to cover the tuition fee for your course and is not means tested. This will be paid directly to your university – I didn’t worry about it once I had applied.

Maintenance Loan:
To help with food, accommodation and travel, this loan will depend on a variety of factors: household income, whether you’re living at home or away, the exact location of your residence, and more. The maximum amount able to be received is £8,700, or £9,916 if you qualify for the increased Maintenance Loan. This will be received directly, usually in three instalments, to your bank account or building society.

Managing the money from your maintenance loan might seem like a challenge. Typically, you receive roughly a third per term and will have to budget your money to last appropriately, accounting for rent, food, other essentials and any left over for spending (i.e. social events, shopping).

This is where the Money Advice Team can help. Available for drop-ins Monday and Friday, 10am-1pm, and Tuesday and Thursday from 1pm-4pm, they can lend a hand in keeping your finances on track, providing budgeting tips and techniques as well as information about the Student Support Fund and part-time job opportunities.

Not only are there a number of jobs on campus available to Edge Hill students (such as open day helpers and library staff), the Money Advice Team can help you find jobs in the surrounding area such as St Helens, Preston, and Liverpool.

EHU’s Money Advice Team

Edge Hill University is well known for its student services, being voted 3rd in UK for Student Support in 2017. In my experience, this holds true. The IT support, Careers Advice, and Counselling services at EHU really are great. But today I want to tell you about the Money Advice Team.

I’ve worked for the Money Advice Team in the past, as a Money Buddy, presenting to and answering questions for prospective students on Open Days and other events. The Money Advice Team also informed me of the Student Opportunity Fund, which has helped me to spend my sandwich year in the United States!

The Money Advice Team are open for drop-ins Monday and Friday, 10am-1pm, and Tuesday and Thursday from 1pm-4pm. They offer a range of services for different purposes – if you’re worried about finances, they can help you. All queries from budgeting to funding are supported. A resource that many students might not know about is the Student Support Fund, which can help students who “have serious financial difficulties or whose access to higher education might be inhibited because of financial reasons.” There is an assessment process, but if you are eligible, you won’t have to pay back the money you receive.

The Money Advice Team is currently situated in the Student Information Centre (SIC) and can also put you in touch with Edge Hill Works, who can help you find a part-time job. There are numerous on-campus jobs, but of course, there are more in Ormskirk and the surrounding area. Even Liverpool (particularly Liverpool ONE) has some part-time jobs that are available for Edge Hill Students.

Also of use is the Money Matters website, which has information relating to the above, as well as tuition fees, bursaries, scholarships, etc. So if you’re unsure of the difference between the maintenance loan and your tuition fee loan, check it out! A particularly useful tool is the Scholarship Calculator, which can inform you, after five short questions, if you are eligible for a scholarship.