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0 "Blog"
Two weeks since A-Level results day and thousands of young people across Wales are starting to sweat about what they can squeeze into the car when they head off to uni.
UCAS has come up with a checklist [opens in new window] of essential items to pack, including earplugs (to drown out next door’s party) and sunglasses (to cover up Freshers’ Week eye-bags).
The item that caught my eye was a ‘purse’.
Money will be towards the top of the worry list for many students and their parents/guardians.
Short term worries might be: How much will I have to live on each week? How much help can I get with my finances?
Longer term worries might be: How much of my loan will I have to pay back? And over how long?
We have just published a report that answers many of these questions. It also explains how the system of student finances works in Wales and how the Welsh Government oversees things.
You can read the full report here.
But if you don’t want to read the whole thing (you may well be too busy making the most of your remaining time at home with friends and family), here are some of the key things you may be interested in:
I hope this has helped in some way.
Finally, here’s some information I definitely would have found useful before going to university for the first time, data from the Office for National Statistics [opens in new window] on the price of things like pasta, bread and baked beans.
(PS. Most of the content of the blog relates to new, full-time undergraduates and is up to date as of the 2021/22 academic year. Financial support packages are also available for part-time undergraduate and postgraduate students. SFW has the full details of support available and eligibility criteria for Welsh students and EU students studying in Wales on its website).
Steve is an audit manager in our national studies team and also helps manage our data analytics function. He is a keen triathlete and former journalist.