Money on my mindUK students’ financial worries revealed

@FutureFinanceLC

In April 2016, we worked with NUS Insight to carry out research into UK students’ financial health. Here’s a selection. of some of our key findings.

#1What’s on your mind?

41%19% 14% 8%

Exams and academic deadlines

Immediate expenses (e.g.

rent, food)

Getting a job after university

Working to earn money while at

university

All answers…

41% Exams and academic deadlines

19% Immediate expenses (e.g. food, rent)

14% Getting a job after university

8% Working to earn money while at university

5% Personal, family or relationship problems

3% Impact of financial concerns on mental health and wellbeing

3% Physical health and fitness

3% Repaying my debts

2% Social pressures, fitting in

1% Other

#2How often do you worry about money?

30%All the time

34%Very often

29%Sometimes

7%Rarely or never

#3Things you do to help pay for Uni life.

34%Selling

personal items

8%Gambling

4%Paid Medical

Trial

#4Why do you have a job?

75%

52%

51%

42%

Basic living costs (e.g. rent, food)

Socialising, meals out, drinks

Clothes, holidays

Books or other equipment for studies

37%

16%

14%

5%

Gain experience and skills

Minimise the amount I’ll owe when I graduate

Dependents

Other

#5Is a good education worth the cost as it sets you up for life?

YES NO58% 13%

Who knows? – 29%

Want to read more?

If you’d be interested to find out more about this study, please feel free to contact us at: marketing@futurefinance.com

You can also read more here:

https://www.futurefinance.com/uk/blog/nus-insight-over-a-third-of-students-say-financial-woes-affecting-mental-health/