The Financial Assistance Fund - the impact
The University Student Trust Fund (USTF) contributes to the University’s Financial Assistance Fund and this academic year (2023-24) it has provided financial aid to over 300 students.
A recent Hertfordshire Students Union survey revealed 45% of students cannot afford rent comfortably each month, meaning many more students are having to work up to 20 hours a week on top of their studies. 13% said they had more than one job. Increases in the basic costs of living are particularly impacting those students who are dependent on a maintenance loan to live.
Your donation to the USTF really helps those students who are in most need to weather the impact of rising costs. Recipients tell us that the funds distributed via the Student Hardship Fund keep them studying, as they alleviate financial worries that can lead to them to withdraw from university. Gifts to this fund are powerful and meaningful, directly contributing to success.
Your help could support students in the following ways:
- £10 a month could cover an outstanding utility bill
- £15 a month could help a student pay their rent
- £20 a month could help cover an emergency trip home for a student