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Sunday 18th of April 2010

News Tag: university

September 21, 2009

HSBC targets international students

by David Masters
HSBC is targeting international students moving to the UK this September with its Passport current account. Potential customers can open the account without providing proof of address such as utility bills, which can take months to get hold of. The account - which costs £8 per month - includes a fully functional Visa debit card, and 24-hour access to money. "Around 15 per cent of the ...

August 26, 2009

Bike thieves target students

by David Masters
More than one in five students has had their bike stolen, according to new research by M&S; Money. The poll by the home insurance provider found 22% of student cyclists have been targeted by bike thieves. Students should register their bike model, make and frame number so it can be identified if stolen, M&S; Money said. The insurer advised students to always lock their bikes with ...

August 25, 2009

Abbey giving away £50 an hour

by David Masters
Abbey will be giving away £50 every hour next month in a Facebook prize draw. The £36,000 prize draw, open to anyone with a Facebook profile, has been set up to promote the £50 cash bonus given to students opening a new Abbey Student Account. "This free prize draw is a great opportunity for students and others to get some extra and unexpected ...

August 21, 2009

University a “millstone” for many parents

by David Masters
The cost of putting their children through university is forcing some parents to remortgage their home, The Children's Mutual revealed this week. Students starting university this year will spend an average of £42,000 during their three-year course, and many parents will be expected to fund the majority of this bill. "University can be as much of a millstone as it is a milestone," ...

August 20, 2009

Student living costs almost £200 per week

by David Masters
Student living costs almost £200 per week
The cost of living for students has increased 5% in the past 12 months to nearly £200 per week, according to research by Halifax. A poll by the financial provider found the average student now spends £193.50 per week during term time on food, accommodation, socialising, alcohol, clothes, and books. The increase, up from £183.80 per week in 2008, comes despite students ...

Confused.com highlights student burglary risk

by David Masters
Student households are more than twice as likely to be burgled compared to the average home, Confused.com has revealed. The price comparison website released the figure as thousands of new students prepare for their first term at university. Confused.com also said students shouldn't assume their possessions are covered on their parents' home insurance policy. "Separate policies should be bought which reflect the amount of contents ...

July 26, 2009

Graduates too poor to pay back student loans

by David Masters
Graduates too poor to pay back student loans
Half the university students who graduated since tuition fees were introduced are too poor to pay back their student loans. Of the 1.4 million graduates who started university after 1998, 702,000 are earning too little to pay back debt accrued whilst studying. Repayments are triggered when graduates start earning at least £15,000 per year; over half a million graduates have never ...

July 17, 2009

Degrees insufficient to secure graduate jobs

by David Masters
A university degree is no longer enough to secure a good graduate job, a recruitment expert said this week. Tom Hadley, director of external relations at the Recruitment and Employment Confederation (REC), said companies now look for relevant skills and work experience in addition to a stint in higher education. Many employers now take a degree as a "given", Hadley said, and look ...

July 10, 2009

Lloyds TSB launches 2009 student account

by David Masters
Lloyds TSB launches 2009 student account
Lloyds TSB this week launched its 2009 Student Account with a first-year interest free tiered overdraft of up to £1,500. Benefits include free mobile banking until August 2010, an NUS Extra card offering discounts at over 60 retailers, one year's membership to the Youth Hostel Association (YHA), and 35 music downloads from eMusic. The overdraft is limited to £500 in the first six ...

September 16, 2008

Save money by shopping online

by Kay Murchie
Research by price comparison site, Savebuckets.com, has found that parents of children who are off to university this month can expect to spend large amounts of money on university-related merchandise. In order to provide all the requirements for their child’s university room, parents can expect to pay over £750 - more than the average UK disposable income. Expensive items parents may have to buy ...

September 5, 2008

Youngsters avoiding debt by saving early

by Kay Murchie
Research from The Children’s Mutual has revealed that children as young as 11 have started saving towards their future. The Child Trust Fund provider found that almost one third of youngsters aged 11 to 18 are putting money aside for higher education as these astute youngsters have seen older family members suffer due to university debts. The research also found that over 30% ...