Cost of living crisis
It's a subject that can't be ignored. The cost of living crisis is having a devastating impact on the whole country, and students in particular are feeling the financial pressure.
Recent reports show that 91% of higher education students in England are worried about living costs [1] while 77% fear that financial difficulties will negatively affect their studies [2].
Alongside Loughborough University, we want to show our steadfast commitment to supporting our student population through this challenging period of uncertainty.
Costs are rapidly increasing...
For many students, even the most basic of necessities, such as food, heating and public transport, may start to become a struggle to afford. With UK inflation rising to an unbelievable 11.1% [3], one in four students have reported taking on new debts in response to the cost of living crisis. The student population is one often forgotten about by our Government, and students are continually neglected in these national crises.
According to research carried out by Save the Student, the average student spends around £924 per month [4]. This means that student maintenance falls short by £439 each month. Students are struggling, and not enough is being done to support them.
What we're doing to help students
Find help
in the local
community
Love Food, Hate Waste
There are six community kitchens in Leicestershire which are helping people to not only reduce food waste, but save money.
Community Fridges
In the Loughborough area, volunteer-run community fridges accept donations and provide free food for anyone who needs it.
Your Store
Your Store Charnwood is a social supermarket full of donations and surplus food which is available at a fraction of its original cost, saving money and the environment.
University Schemes
Loughborough University also operate a number of schemes to support students during this cost of living crisis.
Living Costs — Student Services