Tag Archives: Clever Student Money

Back and fresh as a daisy!

25 May

Hello you lovely people!

First of all let us apologise for the lack of posts from us over the last 6 months. We have been very busy people, and due to other commitments this blog had to take a back seat. However, we have decided that it’s now the right time to begin helping all you fab, broke, students out again and continue doing what we set out to do!

So, all those favourites are going to be coming back; Cheap Eats, Delectable Discounts, student money news and lots of other clever things in between.

Do let us know what you want to find out and we’ll do our best to continue bringing the most relevant and useful topics to your attention.

Lots of love

Clever Student Money

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How should Higher Education be funded?

6 Oct

It’s a topic that is has been particularly highly debated over the last year, promises were made in the election campaigns, students were canvassed for their votes and Universities demanded more money. However, now we have a coalition government who doesn’t seem to be sure about how they should proceed. The Liberal Democrats promised to scrap University tuition fees for first degrees and the Conservatives covered their backs by saying ‘We will await Lord Browne’s final report into higher education funding, and will judge its proposals against the need to: increase social mobility; take into account the impact on student debt; ensure a properly funded university sector; improve the quality of teaching; advance scholarship; and attract a higher proportion of students from disadvantaged backgrounds.’.

However, now it is time to see some action and some decision from our new Government. The average student comes out of their first (3 year) degree owing over £21,000 in student loan and tuition fee loan. That’s providing they don’t get into any extra debt through credit cards or other loans. The system isn’t working, we’ve blogged already about the amount of trouble Student Finance England have been in and the stress it has caused countless students trying to access funding.

Yesterday, the Guardian published some views on the Browne review of higher education funding and spoke to student and staff representatives from Kingston University. Their opinions are interesting, and seem to back up the general consensus that the current system is not fair, but what the ideal solution would be is undecided.

The current system allows students from low-income families or disadvantaged backgrounds to access a wealth of funding, however those students coming from middle-class families with an average income are left with very little grant and a lot of debt.

We don’t know what the solution is, without a pot of money to pay for everyone’s degrees there isn’t an easy option. Graduate taxation doesn’t sound ideal and just means you face longer as a new graduate before you are able to start thinking about getting on the property ladder or having any financial security. The way grants and loans are administered at the moment isn’t right either, with many students from a ‘typical’ university-goer background missing out on funding or saddling thousands of pounds worth of debt. Increasing tuition fees to a potential £10,000 a year would more than triple the debt students come out of University with – not a good way to start your career.

What do you think? How should our degrees be funded? Has opening the doors of Higher Education to everyone meant that a degree isn’t worth as much in the job market? How do you fund your degree/living now? Let us know!

It’s a tricky one!

Love

Clever Student Money

Send My Bag

5 Oct www.sendmybag.com

You probably know all too well just how much ‘stuff’ you can take to University with you.  Most people are dropped off to Uni for the first time by their parents in a packed car that just about survives the journey from home to halls.  By the time Christmas rolls around, the amount of possessions you have seems to have miraculously doubled (it’s never just books) and you have to decide what to take home for the holidays.  January exams looming means the text books are a must, then there are the clothes, laptop, Christmas gifts…the list goes on.  You bundle it all into various suitcases and duffel bags, catch a cab to the station and somehow manage to catch the train.  Of course this is where the nightmare really begins; multiple heavy bags + train changes + delays + the odd bit of rain + cramped train carriages definitely does NOT equal a happy student.  Even worse than having to catch the train home with all that luggage is of course having to fly home.  Not uncommon now as the cost of domestic flights plummet.  However, the cheap airlines usually charge a minimum of £20 per bag with a weight limit of 20kg.  Definitely not conducive to student packing or budgets!

Sound all too familiar?

There is now another way to move your kit at the beginning or end of the semester, the year or even when you graduate!

Send My Bag costs £22 per bag or box (£19.80 when you send 3 or more bags) with 30kgs weight allowance per item.   If you hold that elusive NUS Extra card or have a UCAS application card then you qualify for further discounts when you provide your card number.   So what do you get for your money?  It is a student courier service that does all the hard work for you.  You can order delivery for just 48 hours after collection to any address in the UK.  They will accept boxes or suitcases and even sell a packing kit if you need supplies.

So who can save money?  Although designed for students, it is open to everyone; according to the FAQs, customers are even using them to move house.  For what it is, a personal courier service, it is good value.  If you are flying then it is definitely going to be cheaper than paying airline baggage costs and then having the hassle of dealing with your luggage at the airport.  If you are getting the train then it may not save you money but it will save you hassle and valuable time.

A brand new service that the company offer is the storage facility. It’s common for new graduates to have a limbo period over the summer of their graduation when they need to move out of their student digs but haven’t started at a new job.  Send My Bag offers to store the luggage you wish to send for 2 months at a meer £20 on top of the £22 you pay to send it.  It only takes a glance at some of the other storage companies out there to know that this is a competitive rate.   This could also be used by EU and International students whilst they go home for the summer as a good way of avoiding excess storage costs and is definitely easier as you don’t have to take the boxes to the storage facility yourself.

We can see the benefit for both students, young professionals and home-movers alike from both a money- and time-saving perspective.  However we haven’t been able to test any of the services ourselves yet, we would really like to review the service properly for you so hopefully we can decide on something to send to someone (apparently we aren’t allowed to send the cat) and then we’ll give you a proper consumer review!  In the meantime, let us know if you have used the service and what you thought.

Love

CSM

Cheap Eats: The rise of the Farmers’ Market

24 Sep

Good Evening!

Cheap Eats is today looking at the often overlooked Farmers’ Market.   A great place to save money and to support local communities as well as picking up unbeatable fresh fruit and vegetables.  It wasn’t long ago that supermarkets weren’t the giants they have become and it was much more routine to grab your fresh produce from markets and greengrocers.  The rise of the supermarket chain has done well to put a lot of these places out of business but still some survive,  and most notably Community Farmers’ Markets are becoming more popular and popping up all over the UK.

These Markets are one of CSM’s favourite things because the produce you can buy at the markets is so fresh and so tasty.   You will never be able to eat watery supermarket strawberries again once you compare them with a punnet of fresh flavoursome strawberries grown a few miles from your house with none of the excess chemicals and a tiny carbon footprint!

Not only does the food taste amazing,  it is a much more economical way of buying your produce,  it invariably lasts longer and the stall holder is usually up for a bit of good old fashioned haggling on the price.   You can pick the fruit and vegetables up, there is no excess packaging and definitely no shrink-wrap plastic!  You’ll also be surprised at how fun it is to wander around a sunny market on a Saturday morning – the produce stalls aren’t all that’s on offer, you’ll find people selling fresh local meat, dairy products, homemade bread, local wines and sometimes stall holders may be local jewellery makers or other craftsmen.

These markets are definitely a good way to pick up some well priced food that is really good quality.   Our tip would be to head near the end of the day when stall holders will be wanting to get rid of the produce they have left, an even better time to put your bartering skills to the test!

Look out for farmers’ markets in your town or city in local newspapers and community boards.   Ask around, local knowledge is gold!   You can also search online for markets in your areas, they may be weekly, fortnightly or even monthly and it’s worth noting the dates in your diary so you don’t forget!   Don’t forget to take a strong bag to cart your purchases home!

Some Students’ Unions are now setting up their own Fruit and Vegetable Co-Operatives, like this one at Cardiff University.   For a few pounds a week, you can take home a massive bag of local hand-picked fruit and veg.  A bargain, and your shopping done for you? Bonus!

Let us know how you get on, and where the markets are in your city – we would like to create a list to share where the best markets are around the UK.

Most Universities have started Freshers’ Week now,  so if you have just moved to University or are returning for yet another year – good luck!! Enjoy,  and take advantage of the great student deals that are bound to be on at the moment.

Love

CSM

NUS Extra: Is it really worth it?

18 Sep

If you haven’t already heard of it, by the time your University’s Freshers’ Fayre comes around we promise you that you will have done.

Advertised as THE student discount card, it seems to be a must-have for students. The big drawback is that it costs £11. So what do you get that makes it so amazing? And most importantly of all, is it worth the money?

Like we’ve mentioned before, most University ID cards also double as student discount cards. Most also have the NUS logo on, which seems to satisfy most shops.

There is a list of ‘exclusive discounts’ on the NUS Extra website. Some of the stores mentioned, on our experience, do accept your student ID card, however there are some who do say they will only accept the NUS Extra. The deciding factor then, is how many of these exclusive discounts you really will use, and how much money that will save. It is advertised that it also acts as an ISIC (International Student Identity Card) but this actually costs you an additional £1.99 on top of the £11 card fee (if this is what you want the card for then you can get the ISIC card directly from them for £9).

From our experience we don’t use any of the retailers advertised often enough to spend money on a discount card especially for using there. Particularly as the retailers offered aren’t the cheapest in their respective markets and like previously mentioned a lot of them accept other forms of student ID.

Of course we won’t be able to make this decision for you, and you may see a discounted retailer that you spend a lot of money at, therefore £11 will soon be paid off in the savings you make. However we would suggest waiting a few weeks, seeing how many places in your University town take your regular student ID and then decide whether you think you’ll really need to spend the extra money. It may not seem like a large payment when your student loan is burning a hole through your pocket, but trust us – that money will come in useful later on down the line!

So our advice would be don’t buy it during Freshers’ week, and carefully consider whether it is going to save you any money you can’t already save with your free student ID card!

Cheap Eats: Chilli Con Carne CSM style!

17 Sep

Evenin’ all!

It’s been a busy Friday for Clever Student Money but don’t worry, we haven’t forgotten you lovely lot!

It’s Cheap Eats time:

This week we are talking about cooking big!  One of the best ways we save both time and money is by cooking more than one portion at a time.   Sound counter productive?  Let us explain…

We think the best thing when you get home from a long day of lectures is being able to throw a meal in the microwave and have it ready in minutes, but we hate ready-meals and takeaway food with a passion.   As well as being seriously nutritionally unhealthy they aren’t a good way to keep your finances looking healthy either!  So our simple solution is tupperware…if you think that sounds like something your Mum would like then bear with us and keep reading!

All it takes is a little planning, a little time and a few single portion sized tupperware boxes!   When you are at the supermarket, a great way of saving money in the long run is by looking out for ‘family’ or ‘big value’ packs of meat.  You can also get great value by buying frozen mince in large bags.  You can then get home, cook up a storm and freeze individual portions in those notorious tupperware boxes ready for whacking in the microwave for a couple of minutes when you get peckish.   This principle works for casseroles, stews, most sauces and savoury mince.   In fact, it applies to most dishes!

Here is one of our favourite recipes that is filling, cheap and relatively quick to make.  It’s also uber healthy, low fat, low salt and high in protein!

Clever Student Money’s yummy Chilli Con Carne:

Ingredients:

500g Beef or Lamb mince (try to pick up a lean variety), for even lower fat try Turkey mince.

2 onions

4 mushrooms

2 cloves of garlic

1 can kidney beans

2 cans of chopped tomatoes

2 beef OXO cubes

Chilli Powder (choose your heat!)

A good splash of Lea and Perrins.

Chop the onion and mushroom up, crush or chop the garlic cloves as finely as you can.

Get your wok or frying pan on the heat, you can use a drop of oil if it isn’t non-stick.

Chuck in the mince meat and sprinkle the OXO cubes over it, add a generous sprinkle of chilli powder – give it a good stir so it doesn’t stick to the bottom (nb. If it’s pre-frozen you can cook it from frozen), after a minute or so get the onions and garlic in there as well.

Once the meat has mostly browned off and the onions are softening, add the tomatoes, kidney beans and mushrooms. Keep stirring!

If it is looking a bit dry; then depending on your tastes add either another can of tomatoes or a cup of water. Both will work but it depends how rich you like your sauce!

Now is the time to add a good slug of Lea and Perrins, stir and then taste the sauce.  Need more chilli?  A little bit of sugar? Get creative!

You now want to leave the chilli to simmer for at least another 10 minutes – not boiling, just simmering.

Keep popping back to stir it and make sure the heat isn’t too high under the pan as you don’t want it to burn at the bottom.

Done?  That wasn’t that hard now was it?

Depending on your appetite this will do about 4 portions.  If it’s dinnertime then serve a portion with a Jacket Potato, Rice or Pasta and leave the rest in the pan to cool down.

If you don’t want to eat any of it straight away then you can either switch the heat off and leave the Chilli in the pan to cool down, or you can pour it into the individual plastic pots ready to go into the freezer.   You can even just pop one portion in the fridge for tomorrow!   Once the chilli has cooled down then put the lids on the tupperware tightly and stack them in the freezer.  If you haven’t got any spare tupperware then you can use freezer bags – just be sure to seal them tightly to avoid leaks!

When you are ready to enjoy your self-made ready meals then simply grab one of the pots out of the freezer and bung it in the microwave! Chuck the Chilli over some rice, pasta or a comforting jacket potato. If you have used freezer bags then you’ll need to take it out of the freezer and put it in the fridge in the morning before you head out of the door.

Follow these defrosting guidelines if you’re not sure of the safest way to do it.   We don’t want any of you getting food poisoning! Always make sure the food is piping hot before you eat it.

To adapt this recipe:

Throw in a handful of frozen veg such as peas or peppers.

Take out the kidney beans and chilli to leave a basic spaghetti bolognese recipe.

Serve with Tacos, Sour cream, Guacomole and some grated cheese for a good meal to share with friends.

We hope you enjoy this yummy recipe…see you back here soon!

Love

CSM

Delectable discounts: On the High Street

16 Sep

Why hello again!

Two posts in one day – aren’t you the lucky ones?

This week’s edition of Delectable Discounts is all about shopping on the high street.

Most lovely high street shops offer student discounts usually between 10 and 20%. Now there is no point in writing a definitive list of who does and doesn’t offer discounts on the high street as it is liable to change. However one of the key players who does permanently offer a student discount is the Arcadia Group (Topshop, Topman, Burton, Dorothy Perkins, Miss Selfridge, Wallis and Evans), in fact they currently have a 20% student discount offer on. They accept any student ID card as proof and off you go with a nice saving on some new clothes! Other places that offer discounts include; La Senza, Warehouse, New Look, Peacocks, Waterstones, Schuh, Miss Sixty, Staples, Game, Dune, Benetton, Milletts, Blacks annnnd Subway. This isn’t an exhaustive list but hopefully it gives you a good idea of where you can save on the high street.

We’ve said this before and we’ll say it again – If you don’t ask, you don’t get! Especially with local shops and independent stores, many of which are now flooding the high street. As well as helping the local economy, you’ll usually find great deals and better discounts as well. We’ve got into the habit of always asking if they do a student discount when we go to pay as you never know when a shop might change their mind!

Some high street shops are now switching to only offering their student discount to those students who present them with an NUS Extra card. We will cover this in an additional post it is the time of year that many students will be weighing up the pros and cons of paying the £11 for one. Keep an eye out for that in the next week!

Enjoy all that cheaper shopping!

Love

CSM

Student Finance: BBC Radio 4 Money Box Live

16 Sep

Good morning campers!

How are we all?

We have a treat for you today, not one but two posts are coming your way!!  The usual Thursday scoop of Delectable Discounts will arrive later on this afternoon but first we have to point out a great radio programme that aired yesterday afternoon on BBC Radio 4.

Money Box Live is a phone-in programme hosted by Paul Lewis and looks at different financial issues every week.  About this time every year, they have a student finance special. Yesterday it was the hot topic and they had representatives from Student Finance England, Kingston University, Student Finance in Scotland and the NUS.

It proved to be an interesting listen, of course there were plenty of worried students and parents phoning in to talk to the SFE rep.  There was some good advice given and good points raised.

If you’ve got time over the next few days, we would recommend listening to the show.  It is available on BBC iPlayer to listen again.

Enjoy!

CSM

BBC News – Where does coalition stand on university funding?

15 Sep

BBC News – Where does coalition stand on university funding?.

Whilst this won’t affect us right now (remember the Lib Dems campaign trail…student fees to be abolished with immediate effect?), it is still important to think about what is going to happen.  Surely this broken system can’t survive much longer?

What are your thoughts?

CSM

Student Loan Saga: Update

14 Sep

Happy Tuesday all!

We have a present for you today…

The next installment in the Student Finance England statistics is now available to view online.

According to the statistics, 75% of the live applications are prepared for payment, leaving (they seem to have managed to add up to 100 this time) 21% of applications awaiting further evidence and 4% in the hands of SFE, LEAs or local authorities.

Official statistics – SFEngland.

However, having spoken to several dissatisfied students (new and returning), most of the 21% whose application seemingly rests in their own hands are banging their heads against the wall in frustration.  One new student, is now submitting her parents’ financial information for the 3rd time despite having an older sister in the system (3rd year student) whose application has been processed with no issues.  This new student’s mother has been told that she only has one daughter at University despite the elder daughter’s application recognising the financial information from both her parents and the SFE have repeatedly asked for information that has been sent in before, numerous times.  The two daughters share the same parents, the same home address and the same surname.  As this student is starting at University in a matter of weeks, it is difficult for her to feel relaxed about a situation that is entirely the fault of a disorganised SFE.

The SFE refuse to admit that the system has once again failed and is disorganised, time-wasting and stressful for students, and parents, who have so much to do at this time of year

It has been brought to the attention of Clever Student Money that most LEAs have far too many students to process with very few staff, due to having to fund this centralised system from cuts in their own budgets and reduced staffing, however all LEAs have managed to maintain quick turnarounds and push the information through to SFE central office.  As all LEAs are up to date with their applications despite the strains put on them, it raises the issue of the combined figures reported by the SFE as this would suggest that the 29% of applications still pending are actually with the central SFE office.

Clever Student Money have even been told that Student Finance England are in such a mess, they even called a “Red alert” meeting with representatives from The Department for Business, Innovation and Skills recently.  News of what this entailed or what they discussed hasn’t reached us yet – we’ll keep our ear to the ground for more information.  But this is definitely not what we want to hear a matter of weeks before the first installments of student loans are due.

Like in the case of the new student we mentioned earlier, there are repeated cases where documents are being lost by the central unit after being scanned.  Amazingly, Students have also been sent documents that they shouldn’t have received, the worst of which included a claim sheet from an SFE employee for 52 hours of overtime for the month of May.   When this was pointed out to Clever Student Money, the question was raised of why staff were required to do 52 hours of overtime in May if these problems are arising due to late student applicants like they claim?

One student commented on our our previous blog post to tell us that her friend has even had tuition fee loans confirmed for two separate universities!  Completely bonkers!

We will keep you all updated as we hear more, in the meantime don’t forget to let us know your horror stories of dealing with Student Finance England!

Good Luck!!

Love

CSM


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