University goers planning student finances early

GCSE students

University goers in the south-east of England beginning their studies this year are planning their student finances well in advance, new research has shown.

Carried out by Student Finance England – which used to be Student Finance Direct – the study revealed undergraduates are looking at their monetary situation nine months prior to the beginning of the new university year, the Basingstoke Gazette reports.

According to the survey, 80 per cent of those from the region who are heading into higher education in 2012 have already started thinking about such issues, while 57 per cent have made note of student finance deadline dates.

Charmaine Valente, student finance consultant for the south-east of England, said it is encouraging to see young people taking a proactive approach to their cash flow.

It was also revealed that thousands of prospective scholars have already made strides to secure funding for their 2012-2013 student year.

Ms Valente observed getting things in order early will mean less sorting needs to be carried out in autumn, adding: “You don’t need a confirmed university place to apply. You can choose the course you’re most likely to start and update it later.”