School and college

Funding your education
State education is free in the UK to all students up to the age of 18. Even so, if you're learning and not earning, then the cost of travel, entertainment and food can make life difficult. Here are some of the most popular sources of funding available to help you stay afloat throughout your school and college education. For advice on managing money at university, see 'Going to university' on this website.

• Money from parents: Much depends on your family circumstances, but if your parents or guardians can help you financially, you may be able to come to an arrangement. If you're seeking an allowance, the key is to show a responsible attitude, and even discuss ways to earn the money you're asking for.
• Part-time work: Many students take on part-time work to earn while they learn. If you’re aged 16-17, be sure you're working within laws designed to protect your welfare. You:
  • must not work more than eight hours a day, or more than 40 hours a week;
  • must have 12 hours' rest between each working day, and two rest days per working week; and
  • are also entitled to a 30-minute rest break when you work for longer than four-and-a-half hours.
  If you live in Northern Ireland or Scotland then check with your local council, as work laws may vary.
• Education Maintenance Allowance: If you stay in education between the ages of 16 to 19, you could qualify for up to £30 a week to help with costs through the Education Maintenance Allowance. The allowance is offered on a sliding scale, depending on your family's financial situation, and can also provide bonuses. Check out the website for more details, or call the helpline on 0808 101 6219. You can also pick up a form from your school, learning provider or local Connexions office.
• Apprenticeships: This is a chance to combine paid work with the opportunity to learn skills and gain a qualification like an NVQ. For some, it offers the best of work and education. Apprenticeships are on offer across over 80 types of industry. For more information, talk to your Connexions adviser, or visit the Learning & Skills Council website.
• Bursaries: You may be able to get financial help from your place of study with a bursary or scholarship. Some further education colleges administer them directly. Others ask you to apply via Student Finance England. To find out who to contact, visit the UCAS website.

Smart spending
Your time at school and college isn't just about learning; it's about meeting new people and learning to enjoy your growing independence. Often, this costs money, but if you plan ahead it doesn't have to be a strain.

• Socialising: Financially, this can amount to as much or as little as you like. The key is to establish a realistic budget and then stick to it. Let your friends know how much you can afford in advance of a planned night out so they respect your limits. With that money worry out of the way, you're free to enjoy your time together.
• Communication costs: If a mobile phone is one of your top essentials, make sure you get a package that suits your pocket. A pay-as-you-go deal is often a safe bet as you can't run up surprise bills. Alternatively, you may be able to take out a contract for a fixed period (usually 12 or 18 months) and then pay by direct debit. Whatever scheme you choose, always read the small print in full before you sign up.
• Clothing: With a little creativity, there's no need to spend a fortune on looking good. Try looking in charity shops and markets - create your own style. [Charity shops and markets can often fulfil all your fashion needs, creating an image that says more about your individuality than any high-street stores.] If new clothes are important to you, just be sure you spend within your means.

Money in the bank
If you haven't already got a bank account, now could be a good time to consider your options. Shop around to find an account that best suits your needs and try not to be swayed by the 'free' incentives on offer. Find out:

• how you will receive your statements;
• whether internet banking is available; and
• the Annual Equivalent Rate of interest (AER) you will receive on the money in your account