A fast-moving activity in which we address some of the myths surrounding Student Finance. Your pupils will face some of the budgeting dilemmas undergraduate students face, and must use their decision making skills to effectively balance the costs of studying and their social life.

Introducing the Student Finance process, as well as addressing common concerns and misunderstandings about student finances, the session starts by ensuring students understand how we pay for university before tackling the important stuff – what to spend that student loan on at university. Students will make their decisions and find out how well their bank balance fared by the end of the first academic year, developing their budgeting skills and finding out more about day to day life at university along the way. We’ll cover how students pay for university and the student loan repayment process while taking students through some of the typical decisions an undergraduate student has to make in their first year of university. The session will also cover the additional funding students may be eligible for at university – such as bursaries and scholarships – as well as how to apply for them, and the potential to work alongside studying and some of the jobs that students often have to earn some extra money and build their transferable skills while they study.

Learning Outcomes

  • To become aware of the importance of budgeting and money management.
  • To learn what financial support is available at university.
  • To learn the difference between fees loans, maintenance loans, bursaries and scholarships.

Online Alternative

This activity is available online as a pre-recorded session. Please click the booking link to the right, and select your delivery method as ‘Online’.

Share this event:
The Budgeting Game
Audience
Key Stage 3, Key Stage 4
Audience
Year 9, Year 10, Year 11
Category
Student Finance
Clock
1 Hour
Gatsby Benchmark:
3, 7
Regional Progression Framework:
Theme:
Developmental
Learning Objective:
LO1, LO2, LO3
NERUPI Framework:
Aim:
Become, Practise
Level:
1, 2
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