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Money Matters

Learning to manage your money effectively is one of the important life skills that you can learn whilst at University.

Make sure you are getting everything you are entitled to

Prepare a budget

Planning ahead and preparing a budget is a good strategy when it comes to managing your finances. 

There are many benefits to using a budget, the primary one being that it will help you to live within your means. 

It also helps students to help their funds to last and avoid the pitfall of spending large sums of money at the beginning of each semester only to struggle at the end of the semester.

The University has its own budget planner or alternatively you can find other example budget planners and money calculators.

For advice on how to save money you can read our two blogs:

It might be useful to know:

  • Funding from Student Finance England is usually paid in three instalments in September (a week after registering), January and April
  • The Support Package/Chichester Bursary is paid in one instalment early in the second Semester
  • The licence period for most of the University Hall of Residences is 37 weeks and the payment schedule is in line with when funding from Student Finance England is scheduled to arrive
  • Private rented accommodation contracts are usually for 12 calendar months but it is often better to plan to use your student funding to help with the nine months of the academic year and use earnings from summer employment to pay for three months during the summer
  • You will need to plan for the essential expenditure first (such as paying for accommodation and food) and then you can calculate how much you have left for non-essentials (such as going out!)

Reduce your expenditure

  • One way to improve your personal finances spend less!
  • Full-time students are exempt from paying Council Tax, as are some part-time students. You’ll get information about this at the start of your course.
  • Make sure that you are not paying too much Income Tax. Most full-time students don’t earn more than the Personal Allowance of tax-free income
  • Assess your essential travel needs; for most students, paying for a car becomes a financial burden.  Chichester and Bognor Regis are relatively easy to travel around on foot, by bike or using buses.  The University subsidises a bus service (see the 'Travelling by bus' section) which links the two campuses. 
  • Be cautious when signing contracts for mobile phones as you are often then committed to paying at the same rate for up to two years.  These payments can become a burden so look for a competitive rate and make sure you will be able to afford it before signing up.

Ask for help if you need it

The University has a Student Money Advice Service which supports students to keep them informed about student finance, help with applications and assist with any problems you experience with your finances as a student. 

You can make an appointment to see a Student Money Adviser through the Support & Information Zone.

Our Support Fund helps students who experience financial difficulty despite accessing all the support they can get from Student Finance England (or the Welsh, Scottish and Northern Irish equivalent funding body). 

The aim of the Fund is to help alleviate financial difficulty and enable the student to complete their course. 


The University of Chichester Student Money Advice Service complies with all current data protection legislation.  For information on how the service uses your personal data please see the Student Money Advice Service Privacy Notice (Word Document) and Support Fund Application Privacy Notice (Word Document).