Advice

Worried about money? Get your financial health checked up. The Money Doctors initiative is here to help with all your student money matters.

Why don’t you check our News and Events page for some of the most recent changes that may affect students and to find out about key messages and information and when useful events are being put on.

What is Money Doctors?

The Money Doctors Project engages in proactive activity to help students not only become more aware of a range of money issues but also better managers of their finances.

Through events, activities, products and innovative ways of communicating useful information (e.g. watch out for the Money Hunts), the Project attempts to reach students in order to increase and improve their knowledge and practical skills in dealing with money.

In similar vein to the philosophy of preventative medicine, the Money Doctors’ Project seeks to enable students to avoid crisis situations. It encourages them to take control of their money, plan ahead and make informed decisions and choices on financial products, so that they can enjoy their time at university without the stress and pressures of financial struggles and debt.

Many students experience difficulties with money management skills. This limited understanding of money and dealing with it in responsible, sensible, effective and efficient ways, may lead to debt problems that affect their student experience.

The Money Doctors initiative addresses the money problems that students may face by trying to improve student’s knowledge and understanding of money in the key areas of funding, banking and budgeting and other student money issues.

Useful Information

Student Funding

Student Banking, Finance and Credit

Student Budgeting

Money Make Over Service

Baseline Information for Current Students

Baseline Information for Prospective Students

Baseline Information for Parents

Useful Additional Links

Universitiesnet.com - For further useful information on funding, banking and budgeting, check out this website.

Money Advice Service – A very useful site that provides you with lots of advice and information.

A very useful online calculator to help students work out if they have claimed all that they are entitled to and to improve budgeting skills is at this web address: www.studentcalculator.org.uk

Additional Topics

Student Debt: The different types of debt will be explained along with the help and possible solutions available in dealing with the consequences.

Students with Dependants: http://hallamunion.org/advice/info-mature-students/

Outlining the additional money available for students who have extra responsibilities.

Students and Housing http://hallamunion.org/advice/info-housing/

For students looking for accommodation in Sheffield, the good news is that there is plenty of good quality private accommodation in the city. So, if you are in the position of looking for a student house/bedsit etc., you’ll be fixed up very quickly and there’s no need to panic. The University’s Accommodation Services can be contacted on 0114 225 5555.

Money Doctors Volunteers: http://hallamunion.org/volunteering/

A student led group, supported and facilitated by Advice Centre staff to work on projects and activities, providing information from a student eye-level, relating to financial issues that are important to students. The Money Doctors Volunteers’ Project enables students to participate in events such as the Venture Matrix Trade Fair in which skills attractive to employers can be gained. Also, watch out for the Money Doctors Volunteers’ Project cartoon animation that will be available in May 2012. More details to follow nearer the time.