Finance

The Pandemic Has Caused Students to Seek Financial Aid

If you are a student, you are probably always short of money. You don’t have time for a full-time job. You have bills to pay, and an ever-increasing debt is patiently waiting for you to graduate so you can get a job and pay back your student loan. It is normal for students to have money problems, but due to the pandemic, the financial difficulties of students have grown out of proportion and are causing students to seek hardship support.

It has always been difficult for students to make ends meet, but before the pandemic students had the opportunity to make their own money. Now it is becoming increasingly difficult for students to make a living, which has caused a growing number of students to seek financial help.

Why students are struggling financially

The pandemic has not been easy on anyone, but students who are relying on part-time jobs to pay their bills have been particularly afflicted by the lockdown. In fact, bbc.com reports that 75% of universities have seen an increase in students applying for hardship support. Students usually work in retail or at restaurants and bars all of which have been closed during the lockdown.

This means that it has been particularly difficult for students to find work. Those who already had a job before the pandemic have either been fired or laid off. Unfortunately, the hardship funding for students is not enough to cover the expenses of living. In fact, for some students the situation is so desperate they fear eviction and homelessness.

Students always need financial help

Alternative means of making money

Since the financial help, you can get as a student isn’t enough to get by, you will need to take matters into your own hands. If you are smart, you can make money online. It may not be enough to cover all your expenses, but it will certainly help your situation. However, earning money online is a tricky business, and you need to look out for yourself when you go online.

One way of making money on the internet is through online gambling. Yes, it may sound risky, but if you go to the website https://www.yggdrasilcasino.com/, you can find online casinos that offer free bonuses and spins. This means that you can actually start gambling with money you have made for free. If you are lucky, you might make a decent profit to help you financially. It is important though that you decide on a plan before you start gambling. Make sure to stop while you are still ahead. 

Save energy, save money

Lastly, you can save money by saving energy. When you are struggling financially it is crucial that you save as much energy as you can. There is no need to light all of the lamps in your apartment. Don’t turn up the heat and then open the windows. When you brush your teeth, don’t let the water run. It may sound silly, but all these little changes might make a big change in your life. At thebusinesstime.co.uk you can read more about saving energy to save money: https://thebusinesstime.co.uk/common-mistakes-when-trying-to-save-on-energy/.

Editor

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