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Money and Debt

Student Funding 2012/13

The student funding system is changing from September 2012. Follow the links below to see how it will affect you:

Students Whose Course Started On or After 1st September 2012

Students Whose Course Started before 1st September 2012

NHS Student Funding for Courses Starting after 1st September 2012

NHS Student Funding for Courses Starting before 1st September 2012

This site is still under construction and more information will follow shortly

Frequently Asked Questions

Have a look at our frequently asked questions on Money issues for fast answers to common queries with links to more in depth information if needed. Simply click on the question to see an answer.

To go straight to our detailed information please go to the bottom of the page for links to our leaflets, or drop us an email or make a call, if you have not found an answer to your specific question.

Once you have decided which bank to use you will need to apply for the account, the bank will require proof of:

  • Your identity (Your Passport)
  • Your Local address through a housing contract or letter from your landlord
  • Proof that you are a student through your Certificate of Student Status this can be obtained from Shuspace and/or the University
  • Some banks also require recent bank or visa statements showing your home address.

You should check to make sure you have accessed all available forms of funding to you – student funding, family, and student overdraft facilities. After this you may be able to receive help from the Universities hardship fund, The Access to Learning Fund, which is administered by the Student Finance centre.

Most Full time students are not eligible for help with benefits, but there are exceptions, please check our benefits leaflet below, or speak to an adviser for further details.

You can come to the Advice Centre for help with debt advice, and any other problems you might want to talk about.

You should come to the Advice Centre and speak to an adviser about any queries you have. Also click here to take a look at the page we have designed specifically for international students.

Yes, students still pay tax unless all of the following apply:

  • You are a full time student in the UK only working in the holidays
  • You are returning to full time education after the holidays
  • Your total income for the year is below your personal allowance

If you need these ask you employer for a P38s Student employee form, National Insurance will be deducted if you earn more than £110 per week.

There could be a number of circumstances when students have paid too much tax you should contact your local tax office and employer to discuss the situation.

Full time students are exempt from Council Tax, you may have to prove this by showing your Council Tax Exemption Certificate which can be found in the ‘My personal records’ section of Shuspace.

You should come to the Advice centre and speak to an adviser who will be able to help you.

The Advice Centre has a range of information available to help students budget their money more effectively. To check out our student life budgeting tips click here.

Student Finance Questions

To apply for Student Finance UK funding you will need to register on the Directgov website;

http://www.studentfinance.direct.gov.uk

For NHS funding you will need to contact the NHS Business authority. Click here to visit their website.

There two main forms for student funding are the PN1 and PR1. The PN1 form is for new students, and the PR1 form is for returning students.

Dependent on the course and your own personal circumstances there will be a range of funding available to you. For further information check out our Money Matters Booklet guide

The University offers two bursary schemes. The Hallam grant is dependent on the student receiving the full maintenance grant, whilst the Partnership bursary is based on what school/college you went to. For further information see the Universities website; http://www.shu.ac.uk/

Yes, you do need to apply for student funding each year you study.

You should contact your funding provider (Student Finance and/or NHS) and find out what the problem is. For the short term you may be able to seek assistance in the form of a short term loan from the Student Finance Centre to cover basic costs.

Grants are based on household income, by filling in the financial assessment form, your funding provider will be able to access your eligibility.

You will need to contact Jobcentre plus to arrange a ‘Evidence of Identity’ interview. For further details and the documentation you will need to check the Direct Gov site on the link below;

http://www.direct.gov.uk/en/MoneyTaxAndBenefits

The funding you are eligible to receive will be dependent upon when the baby was born. You will also be entitled to some help through the welfare benefit system. The system is often complicated and you should speak to an adviser regarding the issue.

Useful documents:

Facts on Financial Support For Part-time Students 2012 -you might have heard reports of changes English universities and Colleges are making in 2012 get more info here!

Facts on Financial Support For Full-time Students 2012 -you might have heard reports of changes English universities and Colleges are making in 2012 get more info here!

Money Matters Booklet – this guide will give you lots of useful information about maximising your income and minimising your outgoings.

Students And Benefits Leaflet 12-13 – info on students & benefits, who’s entitled to what and how to apply.

Council Tax Leaflet 12-13 – this leaflet will tell you whether you have to pay Council Tax and how to prove it if you don’t.

Credit Cards Leaflet 12-13 – how credit cards work and what to look out for. This leaflet will explain interest and APR and how to manage your credit card so you don’t run into problems.

Debt Leaflet 12-13 – what to do if you find yourself in debt. How to fill in a financial statement. Working out what your priority debts are and what to do next.

Financial Statement – accompanying Financial Statement for debt leaflet.

Students With Dependents Leaflet 12-13 – got dependants? Info on finance, childcare, course issues and accommodation.

Disabled Students Leaflet 12-13 – info on the advice and support available. Funding, money and disability discrimination.

Disabled Students Large Print 12-13

Trusts And Charities Leaflet 12-13 – how to apply to trusts & charities for additional financial support.

Useful Links:

Student Finance – Financial Support for Students

Student Loans – Information about student loans

Funding for healthcare students – Financial help for healthcare students

DirectGov website – Information on benefits and Tax Credits

Social Work Bursary – Funding for social work training

National Debt Line – Help with debt

Can’t find what you’re looking for or need further help? Don’t hesitate to contact us on 0114 225 4148.

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