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My course also caps part-time work hours to 10 per week.- Any student who says they can't live off their loan is lying in my opinion - it's all about knowing how to budget and save money!The Maintenance Loan was designed to give students cash to live on at university, so it’s a real clanger that most don’t get enough to meet their needs.The £267 monthly shortfall is a combination of things.Firstly, living costs – especially rent – are higher than you might expect.Secondly, linking Maintenance Loan to how much parents earn, and expecting them to magic up the extra cash, is naive at best.
For instance, worrying about money might disrupt your sleep, which then affects your grades, which further knocks your mental wellbeing.
Loads of students worry about money, but what does that really mean?
One way of putting it into context is to compare the consequences of being skint: how does worrying about money affect diet, sleep and mental health?
If that’s you (or someone you know), it’s time to tool-up: The Maintenance Loan and parents are the biggest sources of student funding - but this doesn’t mean students aren’t pulling their weight.
Two-thirds juggle a part-time job alongside a degree (although half say their studies suffer as a result).