Avoiding Debt
There are lots of things you can do to avoid getting into debt as
a student.
- Remember that the student loan has to last a full calendar year except in your final year
- Make a budget – this is very important, especially
if you have not had to do this before. For help with this
use Budget calculator
- Shop around for the best bank account – don’t be taken in by free gifts
or other introductory gimmicks as these are not always linked
to the best accounts.
- Credit cards may seem like a good idea at the time, but
the debt soon builds up – even with the best of intentions!
If necessary, get only one, and keep up your monthly repayments.
What to do if you get into debt
First of all, if you get into debt
- don’t ignore it,
- don’t panic and
- do something about it now.
There are different ways you can get advice:
- If you want to speak to someone about it, you can make an
appointment to speak to a Student
Funding Adviser. Telephone 'The Base' on 0141 273 1000 to make an appointment.
- Alternatively, you can speak to a debt counsellor
on one of the free telephone numbers below:
See the links below for further information:
Updated:
2 August, 2011
| Student
Funding Team | Legal |
