Wednesday, 3 March 2010
Paying your benefits or salary onto prepaid cards
Some prepaid card providers have been advertising the benefits of having your salary or state benefits paid onto them. But the charges can be high - make sure you understand the costs and the alternatives.
State benefits are not just for people who are out of work. Financial benefits are also available for a range of circumstances relevant to young adults - such as when you are on a low income or if you are continuing as a student after you turn 16.
The articles linked to below will help you:
Quick intro
What benefits are available to young people?
You may be entitled to financial benefits if you are:
It's up to you to find out what financial benefits you may be entitled to, and then apply for them. If you think you fall into any of the above groups, use the information in the links below to find out more.
How to claim benefits for young people
If you think you may be entitled to financial benefits, you should contact the Jobcentre. You can do this in person, by telephone or online.
Help with the cost of studying
If you decide to stay on in learning after you turn 16, you may be able to claim an Education Maintenance Allowance (EMA) to help you with the costs of studying or travel. The money you can receive can be up to £30 a week.
If you are a parent, and under the age of 20, you may also be eligible for the Care to Learn scheme. If you're thinking about going to university, you can learn more about the costs of studying in our student money section.
Find out more
We've put together a short list of resources you might find useful. This is a cross-section to start you off, but you may want to do some more research. Some of these resources are on other websites, so you need to be aware that the FSA is not responsible for content you find on these websites.
Users can rate articles with between one and five stars; this is not an FSA rating. But we have marked the articles 1-3, based on how detailed they are. If you are looking for a very quick introduction, look for level 1; if you are ready to find out more, go for a 3.
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