Bank account for a mature student studying a HND

KG

I took a look at the article on student bank accounts at http://www.moneysavingexpert.com/students/Student-bank-account but was wondering if these only applied to folk going to university?

I am a mature student due to start a HND next term and I was wondering if I can apply to any / all of those recommended.

Ta

KG

agrinnall

One section of the MSE guide says this:

What is a student account?
Student accounts are bank accounts made for those in higher education. They let you pay money in and out, and offer additional benefits such as an interest-free overdraft.

As you're in Further Education not Higher that suggests that you wouldn't be accepted, but it might be worth contacting one of the best buy providers just to make sure.

jonesMUFCforever

Most banks only offer interest free overdrafts to those going to University on degree courses.

dezza

A HND is higher education, and assuming it's a two year full time course most would be fine with that, e.g. Barclays and Santander. Worth checking the conditions or calling to check though.

agrinnall

dezza wrote: »

A HND is higher education, and assuming it's a two year full time course most would be fine with that, e.g. Barclays and Santander. Worth checking the conditions or calling to check though.

I can't speak for what the banks say, which is why I suggested that the OP call them, but HND is Further Education not Higher Education.

http://en.wikipedia.org/wiki/Further_education

Further education (often abbreviated FE) in the United Kingdom and Ireland, similar to continuing education in the United States, is a term used to refer to post-compulsory education (in addition to that received at secondary school), that is distinct from the higher education offered in universities. It may be at any level above compulsory secondary education, from basic skills training to higher vocational qualifications such as PGCE, NVQ, City and Guilds, BTEC, HNC, HND or Foundation Degree.

dezza

Well something's not quite right on Wikipedia: http://en.m.wikipedia.org/wiki/Higher_National_Diploma

"A Higher National Diploma (HND) is a higher education qualification of the United Kingdom."

jamesmorgan

The split between further and higher can be somewhat grey and is largely relevant for the split of government budgets (the wikipedia article contains a number of inaccuracies). Many further education courses are at a higher level than higher education and take place in universities. Typically banks are more interested in whether the course is full time and post-18, but each bank will have their own individual t+c's. Unfortunately if you are not doing a full time degree course, you need to check with individual banks as to whether your course qualifies for a student account.

eskbanker

How highly educated does one have to be to recognise that Wikipedia is not a reliable source of definitive or accurate information on any subject?!

dezza

eskbanker wrote: »

How highly educated does one have to be to recognise that Wikipedia is not a reliable source of definitive or accurate information on any subject?!

For quick reference to be honest - wouldn't recommend citing Wikipedia whilst on any course be it FE or HE

10pence

HSBC will open a student account for someone studying a HND for at least 2 years.

List of Qualifying Courses

Courses which qualify

• Postgraduate degree (for example PHD, MBA, MSc, PGCE, MPhil, M.ED, M.ST, LL.M).
• Undergraduate degree (for example BA, BSc, BEd, BN).
• Diploma of Higher Education (DipHE).
  - Business & Technical Education Council (BTEC). The following BTEC courses qualify:
  - Higher National Diploma (HND)
  - Higher National Certificate (HNC)
• National Vocational Qualifications (NVQs) levels 4 and 5.
• Foundation Degree - FDA (art based) or FDSc (science based) and/or subsequent one year full honours degree course.
• Pre-registration or First Level Nursing and Midwifery Diploma.

A foundation year which is an integral part of one of the courses listed above. We will need to see written proof of this, for example a letter from the college or university. If there is any doubt whether a course qualifies, contact the university/college.