Is financial resilience a factor in student success: how can universities aid students’ financial resilience?
The cost of studying at university is at an all-time high, with tuition fees now topping £9,000 per year in the UK and maintenance grants for those from low-income households having been scrapped. As a result, it has never been more important for students to carefully consider the financial implications of going to university, not just from a money management perspective, but also how not having an effective financial buffer might impact their time at university from a mental, emotional, and academic perspective.
Universities, of course, have a responsibility to ensure students at their institutions are well-placed to cope with the inevitable financial pressures that comes with being a student as part of their duty of care. But there is also an economic incentive for institutions to do so: research by Blackbullion has suggested that 38% of students have considered withdrawing from their studies as a direct result of financial pressures. Therefore, universities who fail to support their students face losing a significant part of their revenue stream.
To learn more about this timely and important topic, and to feed in to the debate, join us on Thursday 12th October, 1-2pm.
Blackbullion is delighted to have a panel comprising representatives from universities, higher education bodies, and students.
Dr Emily McIntosh, Director of Student Life, University of Bolton @emilythemac
Jenny Shaw, Head Student Services & Insight, Unite Students @jennyshaw
Danielle Coe, Head of Student Finance, University of Hertfordshire @UH_Funding
Brian Hipkin, CEO & Founder at ReFRAME HE Consultancy Ltd @brianadamdan
Chris Shelley, Director of Student and Academic Services, University of Greenwich, AMOSSHE @chris_shelley
Grace Anderson, Fundraising and Communications Manager, Student Minds @StudentMindsOrg
How do I join in?
Follow us on Twitter –@blackbullion and the rest of the team involved in the #BBuniversity Tweet Chat.
Tune in on Thursday 12th October and interact with the Blackbullion community, making sure to include the hashtag #BBuniversity in your tweets.
We hope many of our regular online viewers and supporters will be able to tune in, tweeting and retweeting to feed into this important and topical debate on financial resilience among students.
What is a Tweet Chat?
A Tweet Chat is, in essence, a virtual panel discussion that take place on Twitter using a predefined hashtag which links together the tweets in a virtual conversation. Our Tweet Chat will be hosted by the Blackbullion Twitter account – @Blackbullion – using the hashtag #BBuniversity. We’ll ask a series of structured questions in order to facilitate the conversation.