<img height="1" width="1" style="display:none" src="//www.facebook.com/tr?id=679535158793968&amp;ev=PageView&amp;noscript=1">

I’d like to learn more about Newcastle!

read

Support with your Finances

By Newcastle University

The Student Financial Support Team offers a variety of funding and support to help you during your time at University

Whether you’re struggling to make ends meet, want some help planning your finances or want to find out more about centrally administered university scholarship schemes, the Student Financial Support Team can help you.

Sitting within the Student Health and Wellbeing Services, the Student Financial Support Team is here to make sure your financial wellbeing is supported as much as possible during your university experience.

 

Covid-19 Living Cost Support Fund 

You may already be aware that the Office for Students' has provided funding to universities aimed at supporting students who are experiencing hardship as a result of the pandemic. The University will be using this funding to establish a COVID-19 Living Cost Support Fund. The scheme is aimed at helping students in hardship who have not returned to their private sector term-time accommodation and who have not received a rent rebate from their provider. Widening participation, international, PGT and PGR students and students who have not previously received hardship funding this academic year will be prioritised for support and eligible students will receive a non-repayable award of £200 as a contribution towards their rent and living costs. 

To be ELIGIBLE to apply for this support you must:

  • be studying at Newcastle University, including Newcastle University London
  • be able to evidence that you have a 2020/21 tenancy agreement for *privately-owned or privately-managed accommodation
  • not be currently living in your term-time accommodation 
  • not have received a rent refund from your landlord of privately-managed provider
  • be able to evidence that you were in financial hardship at the end of January 2021 i.e. you did not have sufficient funding available to cover essential costs such as food, medical costs and essential bills. 

*students with a tenancy agreement for Unite Students, Student Roost and IQ Students will not be eligible to apply. 

The scheme will open at 9:00am on Monday 22nd February 2021 and students wishing to apply will be required to complete a short web form which can be accessed here. The scheme will close at 5:00pm on Friday 5th March 2021. 

Due to the amount of funding provided by the Office for Students' it may not be possible to provide support to all students applying to the scheme. Awards will be made on the basis of the priority groups and financial need. Students who are ineligible or who do not receive support through this scheme may be eligible to apply for discretionary financial support provided by the University if they are experiencing financial difficulties. 

 

Find help covering your living costs

If you have accessed all other sources of funding available to you or experience something unexpected that impacts negatively on your finances, the Student Financial Support Team might be able to help.

We administer two discretionary financial support schemes aimed at helping registered students if they are worried about covering their rent and other living costs.

We also provide short-term emergency funding on a discretionary basis if you experience an immediate financial crisis.

 

Do you need some help managing your money?

finance (1)

If you’re not sure where to start when it comes to budgeting we have a team of Student Finance Advisers on hand to help you with planning your finances for the year ahead who can also offer you a tailored one-to-one session if you need an extra helping hand.

 

Do you have a query about your student loan, NHS funding or US Federal Loan?

Specialists from the Team can help if you’ve got questions about student loans, NHS funding and US Federal Loans. They can help if you need clarification about your eligibility for funding or you need some information about how this funding might be affected if you make a change to your course.

 

Do you have a question about scholarships?

finance-1

The Team administer a number of scholarship schemes which are available to help UK, EU and international students and will be able to help if you need more information about these schemes.

 

Do you have any questions that we haven't covered in this blog post?

Feel free to email us at student.fin-supp@ncl.ac.uk and we’ll get back to you as soon as possible.

 

Before you go, you may find it useful to listen to what other students have to say about the Student Financial Support Team: