University student finance survival advice from Alvin Hall

With student finance a big issue for many setting off for university, Lloyds TSB in conjunction with Alvin Hall, Independent Financial Expert considers parents and students’ questions on surviving the financial pressure of university life.

With research showing that many university students think getting into debt is inevitable and many even thinking that the cost of going to university will soon outweigh the benefits, it is timely to consider how to survive the financial pressures of going to university.

Lloyds TSB have put together this webcast which picks up on a number of key student finance related questions, including

• What are the important things to remember when trying to stick to a budget – critical if as a student you’re going to have any chance of managing your money
• What support can banks, such as Lloyds TSB provide?
• Do the longer term university benefits outweigh the costs and debt incurred?
• As a student you can borrow through such as overdrafts – what therefore is the incentive to save, what’s realistic?

Alvin Hall gives an insight into his top 5 tips for planning and managing your student finances, including

• Strike a balance and set a realistic budget
• Use discounts available to you as a student – from your bank, store vouchers etc

At the end of the day, enjoy university life!

Watch the 5 minute webcast to get more useful student finance advice.