University of Wolverhampton
arrow_back_iosWelcome to the University of Wolverhampton's Student Finance Resources. We understand that managing your finances is an important aspect of your university journey. This page is designed to provide you with tailored information and resources to help you make informed financial decisions. From selecting the right bank account to exploring scholarships and budgeting tips, we've got you covered. Let’s navigate your financial journey together, ensuring you have the tools you need for a successful academic experience at the University of Wolverhampton.
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: +44 300 100 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 University of Wolverhampton offers a range of scholarships and bursaries to support students in various disciplines. Visit their site for detailed information and application procedures. They can guide you on available opportunities to alleviate your financial burden. For information on international scholarship, click here.
Part-time Jobs:
Seeking part-parttime employment is a great way to supplement your income. The University offers numerous job opportunities. Visit the university's webpage for job listings and advice on balancing work with your studies.
Also have a look at our Jobs section for part-time job offers in the area!
Emergency Financial Assistance:
In times of unexpected financial hardship, the university provides support through the hardship fund called the Dennis Turner Hardship Fund. Contact the Financial Assistances or email at Money@wlv.ac.uk for information on eligibility and application procedures.
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.
The Hardship Fund supports students facing financial difficulties. Contact the Financial Support Team at Money@wlv.ac.uk.
The University offers budgeting workshops and online resources to help you create a realistic budget.
Yes, international students at the University of Wolverhampton are eligible for certain scholarships and bursaries. Visit the International Students page on student a2z for detailed information and application procedures.