This 90 minute workshop is designed to help sixth formers plan their finances when they leave school so they can plan effectively and minimise their debt levels. It focuses on:

• Assessing income (student tuition fees and maintenance loans, grants, bursaries/scholarships, parental/family support  etc)
• Assessing expenditure (tuition fees, accommodation and living costs)
• Arriving at practical ways to save - and even make - money

These skills are for life, not just for university!  Video interviews with undergraduates who have learnt thee lesson the hard way bring the session to life.

OVERALL OBJECTIVE

• To highlight the need to manage money effectively through university
• To create awareness among participants about the realities of the cost of living
• To encourage participants to become interested in their own money management so that they become responsible and competent
• To enable participants to write their first simple budget plan

MODULES AND TIMINGS

1. Introduction/Icebreaker…5 mins
2. Statistics and facts about student finance…10 mins
3. Video 1…5 mins
4. Creating a Simple Cash Flow…10 mins
5. Looking at A Draft Budget…10 mins
6. Break…10 mins
7. Ways to save and make money…5 mins
8. Applying for student loans for fees and maintenance…10 mins
9. Video 2…5 mins
10. Banking and credit cards for students…5 mins
11. Checklist…5 mins
12. Discussion…5 mins
13. Feedback…5 mins