Coronovirus: student money saving when your academic year has been cut short

silvercar

Brainstorming ideas on this thread for ways students can money save if they no longer physically have to attend university.

silvercar

1. Transport costs
cancel any bus/ train season ticket in university town.
2. TV licence
Cancelling any whole months left on TV licence
3. Utilities for students in private accommodation
cancel gas/ electric/water/ broadband/ sky/ virgin contracts that are out of fixed term.
4. Cancel gym and social club memberships

silvercar

Accommodation costs
1. University owned halls etc
Check with the university, if they are closing halls you may be entitled to a refund or not billed for the final term
2. private halls
Again check with the provider, though it is more likely you will have to honour the contract
3. private houses
It is likely you are on a fixed term contract and have to pay rent until the end of it. Ask the landlord or agent if you can negotiate an early surrender, this may be more likely if you are not living in a student area and there is an opportunity for the landlord to find new tenants.

Bugg

Technically a money making, rather than saving suggestion:
Check if you could get work in the “essential categories”. Not glamorous, but helping people and country. You will also get paid. Prioritise university work, but consider options. It will be good for mental health too: giving purpose and sense of community. But, ensure you are safe!