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Your money in tough times.
Ever wondered where all your money goes?

Going to Uni

Thursday, 19 August 2010

Going to Uni is an exciting time, with lots of new experiences, and maybe the first time you’re in command of your own money. The world is your oyster – so make sure you get the most from your cash.

Benefits for young people

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:

  • understand what benefits for young people might be available
  • know how, and where, to claim the benefits
  • understand what financial help may be available if you want to continue learning after you turn 16

Quick intro

What benefits are available to young people?
You may be entitled to financial benefits if you are:

  • not working or have a low income
  • a parent or expecting a baby
  • disabled
  • a carer for a disabled person
  • continuing your education after you turn 16 (remain a student)

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 that CFEB is not responsible for content you find on these websites.

Users can rate articles with between one and five stars; this is not a CFEB 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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Articles

Moneymadeclear > Losing your job
Step-by-step guide > Losing your job
Direct.gov.uk - Educational Maintenance Allowance (EMA)
Everything you need to know about the Educational Maintenance Allowance (EMA) including how to claim if you’re looking to continue your education as a student.
Moneymadeclear - Your money in tough times
Facing redundancy or lost your job?
Direct.gov.uk - What benefits are available for young people
If you're 16 or over you may be able to claim certain financial benefits or tax credits (government payments) if you're on a low income, looking for work, disabled or caring for a child or older person.