Pound in Your Pocket

Student finance is a vital issue. This year, it's front and centre for NUS Wales.
Students studying A-levels, apprenticeships, degrees and PhDs, face the issue of finance on a daily basis. Getting onto a course is only the start. Staying on course is what we will tackle together.
Whether rent, food, childcare, course costs, transport or the countless different costs which our members face, it all adds up. Financial difficulties turn into underperformance, stress, and dissatisfaction – then result in drop-outs.

It's not just tuition fees


The evidence

Financial difficulties are clearly putting a strain on students' ability to stay in education and concentrate on their studies, according to our 2014 report Pound in Your Pocket Wales.
The comprehensive research into student support for further and higher education in Wales shows that cost of living -- not only tuition fees -- is a substantial barrier to education. The Pound in Your Pocket Wales summary report is a continuation of similar research carried out by NUS amongst students studying in England in 2012.
Key findings of the research include:
  • One third of all students have seriously considered leaving their course, with the most common reason cited being financial difficulties.
  • Over half of students regularly worry about meeting basic living expenses.
  • Seventy per cent of higher education students are worried about future levels of debt.
  • Students from low participation neighbourhoods are more likely to be carrying a debt of more than £5,000.
  • Personal debt of more than £1,000 has had a negative impact on students' wellbeing. These students are twice as likely to have seriously considered leaving their course.
  • Students with a greater level of debt were more likely to say they regularly worried about not having enough money to meet their basic living expenses.
  • A large disparity exists between funding for different kinds of study -- funding for full-time first degree undergraduates dwarfs part-time, postgraduate and further education support.

Recent News

Welsh Education Minister imagines vision of higher education in policy statement

Thu 13 Jun 2013

Education Minister Leighton Andrews presented his policy statement for higher education in Wales. NUS Wales are delighted he has taken on board our ideas for radical innovation for students 16 and older.

Think: Imagine Education launches opinion magazine

Wed 13 Mar 2013

What should education look like for people after the age of 16 in Wales? That’s the question a range of people within the sector and student movement addressed in Think, a magazine of opinion pieces.

Pushing the Boundaries | Stephanie Lloyd, NUS Wales President

Wed 13 Mar 2013

by Stephanie Lloyd, NUS Wales President.

The debate around post-16 education in Wales has been stuck in a rut of price tags and mergers. But there are bigger questions. And a better system can be had.