It is difficult to live off student loans without occasionally running into some debt, but it is important to understand potential implications and to know where to find help.
Help and advice
University support services
- Please note that the Student Funding Team are unable to advise on debt or welfare benefit issues. If you have concerns relating to any of these areas, you should contact the Students’ Union Advice Centre
- If issues with debt are affecting your mental health, wellbeing or ability to study, contact the Student Wellbeing service or your Student Support Advisor
External support and advice
There are several external organisations offering advice. It is best to avoid private debt management companies as they may provide free initial advice but then charge you depending on the outcome.
- Talking Money provides free, independent, specialist money advice to individuals and their families. This includes debt, energy debt, benefits, and income maximisation advice
- Step Change debt charity offers free debt advice that is based on a comprehensive assessment of your situation. They can provide practical help and support for however long it is needed
- National Debtline provides free and independent debt advice over the phone and online
- You can also contact your nearest Citizens’ Advice Bureau
- A full list of available debt advice services can be found using MoneyHelper's debt advice locator
- The snowball calculator tool can help you organise your debts to make more effective repayments
- Reach out to the Samaritans for advice if debt is affecting your wellbeing
Suggested Blackbullion learning
Blackbullion is an online learning platform that you can access for free with your Hallam email address and improve your money skills through pathways, articles, and tools.