It's a good idea to discuss money management with your son or daughter before they come to University and help them prepare a budget plan.
Explain the importance of prioritising payments. They'll need to set money aside for their rent before buying extras such as clothes or mobile phone top-ups, for example.
Even if your son or daughter is receiving student finance, you might still choose to give them some extra financial help. Remember to agree the amount and times of payment in advance to avoid any misunderstandings later on. This will also help them budget more effectively.
If you want to help your son or daughter financially:
Remember that our agreement is with your son or daughter, not you. Under the Data Protection Act, we can't give any third party, including parents and guardians, information about a student. This also means that we won't inform you if your son or daughter gets into any financial difficulties.