Are you starting a Higher Education course this September?

If you’re eligible for a Student Loan, this along with any bursaries, is classed as an income and will affect your Universal Credit entitlement.

Any other benefits you were receiving (with the exception of Personal Independence Payments) are also likely to stop. This means you will need to budget for your rent, bills and living expenses from your student loan.

If you are single, with no dependants or health issues you will be unable to claim Universal Credit and will need to budget your loan until January 2022 when you receive your next loan instalment.

If you have a family or health issues, any Universal Credit you receive may significantly reduce or you may not qualify for Universal Credit for several months.

If you are unsure how your student loan will affect your Universal Credit please contact your Case Advisor; you can do this by sending a message directly through your online journal.

Most customers who receive a student loan prefer to pay their rent and essential bills upfront to make it easier to budget until their next loan instalment is due. The Rents Team is here to help and can calculate how much rent you would need to pay each term; please contact us directly for more information:

T: 01253 477900 (select option 1)


As a student, there are many ways to save money and make your loan go further. Most high street banks are keen to attract students and offer incentives to set up a student account such as free rail cards, vouchers or subscriptions. Many shops also offer student discounts when you show your XO student card (previously known as NUS card). The Money Saving Expert website offers a guide to making the most of your student loan at

Don’t forget to check whether you’re entitled to an exemption from Council Tax while you’re studying; more information can be found at


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