Many students are struggling financially, which is why your support is so important.
The price of essentials like food, utilities, and transport has surged during the cost-of-living crisis, outpacing student income and maintenance loans.
Students are also now paying more for accommodation than ever before. Rent now dominates more than half of a student’s budget, leaving little for other necessities.
Students across the UK are spending £1,142 per month on average, leaving a shortfall of around £500 per month that cannot be covered by their student loans.
One in four students at Reading are also from low-income households where their families are struggling too. This is leaving many students without a safety net and facing impossible choices about how to make ends meet.
Money worries can impact on academic performance and be a tipping point for wellbeing concerns, so it’s more vital than ever that support is available when it’s needed.
The Beyond 100 Bursary offers a helping hand, easing money worries.