Welcome to University of Cambridge's Student Support Hub! Understanding the importance of financial management during your university experience, this platform provides customized information and resources to enhance your financial decision-making. Whether you're choosing the right bank account, exploring scholarship options, or seeking budgeting guidance, we've assembled a thorough guide to support you. Equip yourself with the essential tools for a prosperous academic journey at University of Cambridge.
Best Student Bank Accounts
- NatWest & RBS Student Account:
- 0% Overdraft: Up to £500 in the first term, up to £2,000 until the end of year two, and up to £3,250 after the second year (subject to approval).
- Perks: Receive £100 cash and a four-year Tastecard.
- Eligibility: For UCAS-accredited undergraduate courses of 2+ years, full-time postgraduate courses, nursing training at UK institutions, and easy switching from another account.
- How to Get: Open the account and receive £100 within 10 working days. Redeem Tastecard within 5 days.
- Santander 123 Student Account:
- 0% Overdraft: Years 1 to 3: £1,500, Year 4: £1,800, Year 5: £2,000.
- Perks: Enjoy a free four-year 16-25 Railcard (excludes Northern Ireland).
- Eligibility: Open to first-year students, level 4-7 apprenticeships, and those with 2+ years of study remaining.
- How to Get: Open the account, register for online banking, and receive a railcard code within five days.
- HSBC Student Account:
- 0% Overdraft: Year 1: £1,000, Year 2: up to £2,000, Year 3 & beyond: up to £3,000 (credit record-dependent).
- Perks: Receive £100 cash and a one-year Headspace subscription.
- Eligibility: Available to first-year under- and postgraduates, and certain BTEC courses.
- How to Get: Open the account, use the debit card 5+ times within 30 days, and receive the cash and Headspace voucher.
Remember, maintaining financial discipline is crucial. Stay within your overdraft limit to avoid restrictions on your account. All accounts offer up to £85,000 savings protection under the Financial Services Compensation Scheme. Choose the student bank account that aligns best with your needs and goals, and make the most of your university experience financially.
The Student Loans Company (SLC) plays a pivotal role in financing your education.
For inquiries or assistance, you can contact them at their helpline: +44 (0)30 0100 0607. They provide essential information about loan applications, repayments, and eligibility criteria. Additionally, explore their website for comprehensive resources on student finance.
When it comes to managing your finances as a student, choosing the right bank account can make a significant difference. Student bank accounts often come with special offers and perks that can help you make the most of your money while pursuing your studies. Here, we've compiled a list of top banks offering student accounts, ranked from the best to the least favorable, along with their unique offers to help you make an informed decision.
Scholarships and Bursaries:
The financial support available for international undergraduates at Cambridge this includes Cambridge Commonwealth, European and International Trust awards; College awards; and country-specific scholarships. For information regarding financial support at offering at Cambridge kindly visit the provided link.
Part-time Jobs:
Seeking part-time employment is a great way to supplement your income. The vibrant city of Cambridge offers numerous job opportunities. Visit the university's Careers and Employability seek support and get guidance on what opportunities you can find during your time at University of Cambridge.
Also have a look at the Jobs section for part-time job offers in the area!
FAQs
To apply for a student loan, you'll need to visit the official website of the Student Loans Company (SLC) at www.gov.uk/student-finance. Here, you can find detailed information on eligibility criteria and the application process.
The University offers a range of scholarships and bursaries for students in various disciplines. You can explore the full list of opportunities and find application details at Scholarships and Bursaries.
If you experience financial difficulties whilst at Cambridge you can reach out to the Cambridge SU Student Advice Service. You can also visit the Special Hardship Fund to explore your options at the University of Cambridge. To learn more about eligibility and application procedures, contact the Student Advice Service at +44 (0)12 2333 3308.333
The University offers budgeting workshops and online resources to help you create a realistic budget and money saving tips. Keep an eye on the Money Saving Expert student budgeting planner for upcoming advice, guidance and access their online budgeting tools.
Yes, international students at University of Cambridge are eligible for certain scholarships and bursaries. Visit the International Students page on student a2z for detailed information and application procedures.
