Video article 1:
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IS NULL OR ( mt2.meta_key = 'webinar_group_webinar' AND mt2.meta_value = '0' ) ) AND ( mt3.post_id IS NULL OR ( mt4.meta_key = 'protected' AND mt4.meta_value = '0' ) ) ) ) AND ehubposts.post_type IN ('articles', 'blog') AND ((ehubposts.post_status = 'publish')) GROUP BY ehubposts.ID ORDER BY ehubposts.menu_order, ehubposts.post_date DESC [posts] => Array ( [0] => WP_Post Object ( [ID] => 9050 [post_author] => 14 [post_date] => 2016-08-10 00:00:00 [post_date_gmt] => 2016-08-09 22:00:00 [post_content] => It’s all work and no play for UK students this summer, according to a survey commissioned by Europe’s largest student lender, Future Finance. Almost four in five (79%) students say that, compared to previous generations, there is now more pressure to gain work experience over the summer because of higher education costs and greater competition for jobs after graduation, meaning that for most the prized break will be spent in employment – if they can find it. Conducted as students were breaking up for the summer, the survey asked 2,000 youngsters about their plans, finding that 78% of students feel it is important to work over the summer months, citing various reasons. Over a quarter (26%) state the main reason they will be working is to gain work experience, followed a similar number at the other end of the spectrum who are doing it simply to make ends meet - 24% cite ‘to pay for everyday living expenses’ as their key motivation for work. A further 17% plan to work this summer to cover next year’s living expenses. When asked about how much they would save to meet this goal, just under half (48%) said they expect to save between £500 and £2,000 to put towards fees or living costs. At the typical hourly rate of just £6-£8 an hour that over half of students (57%) expect to earn, this suggests that at least 83 hours of pay will have to be put aside to meet the £500 target. To reach the £2,000 saving target, students would need to put aside over 333 hours’ worth of wages. A shocking 17% say they will be working 31-40 hour a week this summer and a further quarter say they will be working just under that at 21-30 hours. Jill O'Hara, a second year psychology student, said: 'Once you've had a bit of a rest and recharged the batteries, the summer break is a great time to explore all kinds of opportunities. It's a priority for me that I gain work experience that will help my future career. But it can be tough finding work that's relevant to your degree, in your area, pays ok and is temporary or short-term. There is really strong competition for the few jobs that are an ideal fit.' When asked what summer is all about, 63% agreed that it’s important to earn money but, equally, three in five (60%) students recognise that summer is about having fun and spending time with the family (57%). With higher education costs set to rise next year, students may find that their summer is lacking in the latter two categories. Brian Norton, CEO of Future Finance, commented: “Summer is a great opportunity to gain work experience. But it’s worrying that so many students could lose out on their entire summer. “There’s no doubt students are facing a more competitive work environment these days. Relevant, interesting summer work on a CV makes it a lot easier to get noticed when applying for jobs after graduation. But it’s equally important they get enough rest and downtime, so they can start their next university year energised and focused on their studies.”   [post_title] => All work and no play for UK students this summer [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => all-work-and-no-play-for-uk-students-this-summer [to_ping] => [pinged] => [post_modified] => 2019-02-04 16:20:34 [post_modified_gmt] => 2019-02-04 16:20:34 [post_content_filtered] => [post_parent] => 0 [guid] => [menu_order] => 0 [post_type] => articles [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 9050 [post_author] => 14 [post_date] => 2016-08-10 00:00:00 [post_date_gmt] => 2016-08-09 22:00:00 [post_content] => It’s all work and no play for UK students this summer, according to a survey commissioned by Europe’s largest student lender, Future Finance. Almost four in five (79%) students say that, compared to previous generations, there is now more pressure to gain work experience over the summer because of higher education costs and greater competition for jobs after graduation, meaning that for most the prized break will be spent in employment – if they can find it. Conducted as students were breaking up for the summer, the survey asked 2,000 youngsters about their plans, finding that 78% of students feel it is important to work over the summer months, citing various reasons. Over a quarter (26%) state the main reason they will be working is to gain work experience, followed a similar number at the other end of the spectrum who are doing it simply to make ends meet - 24% cite ‘to pay for everyday living expenses’ as their key motivation for work. A further 17% plan to work this summer to cover next year’s living expenses. When asked about how much they would save to meet this goal, just under half (48%) said they expect to save between £500 and £2,000 to put towards fees or living costs. At the typical hourly rate of just £6-£8 an hour that over half of students (57%) expect to earn, this suggests that at least 83 hours of pay will have to be put aside to meet the £500 target. To reach the £2,000 saving target, students would need to put aside over 333 hours’ worth of wages. A shocking 17% say they will be working 31-40 hour a week this summer and a further quarter say they will be working just under that at 21-30 hours. Jill O'Hara, a second year psychology student, said: 'Once you've had a bit of a rest and recharged the batteries, the summer break is a great time to explore all kinds of opportunities. It's a priority for me that I gain work experience that will help my future career. But it can be tough finding work that's relevant to your degree, in your area, pays ok and is temporary or short-term. There is really strong competition for the few jobs that are an ideal fit.' When asked what summer is all about, 63% agreed that it’s important to earn money but, equally, three in five (60%) students recognise that summer is about having fun and spending time with the family (57%). With higher education costs set to rise next year, students may find that their summer is lacking in the latter two categories. Brian Norton, CEO of Future Finance, commented: “Summer is a great opportunity to gain work experience. But it’s worrying that so many students could lose out on their entire summer. “There’s no doubt students are facing a more competitive work environment these days. Relevant, interesting summer work on a CV makes it a lot easier to get noticed when applying for jobs after graduation. 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Future Finance

Tel: 020 3743 8700
What we do

We’re pioneers in private student financing. We help students finance their future by providing loans to cover the cost of higher education. We are authorised and regulated by the Financial Conduct Authority in the UK.

About us

Why Future Finance wants to partner with universities?
We like university partners for one simple reason: if we can reach students through their university, we can pass on the savings in marketing costs to the students. On average, the students who find us through their universities save 360 in fees on their student loan as compared to students who come to us through other channels.

How does a university partner benefit?
Tuition fees are paid straight to the university
Students get the financial help that they need and can spend time focusing on their studies.
We work closely with student welfare offices to ensure the right people get the right help.
And of course, partnership with Future Finance costs the university nothing.

I’m a student, how do I benefit if my university is a Future Finance partner?
Reduced fees on your student loan.
Access to an alternative source of funds to support your studies.
Students applying from partner universities are typically processed and funded more quickly.

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Ask us a question

Have a question, comment or complaint? Our helpful customer service team are contactable via email, phone or Meet the team

Testimonials

“These are real people who do genuinely care about my needs as a student. They have been very helpful, professional, friendly, and understanding in their approach. Everything was dealt with in a timely manner, without jargon, and I could not have wished for more.”
– Daniel H, Bachelors in Computer Science, Bournemouth University

“I felt like I had Future Finance customer service support throughout the whole process and it was a really personal experience, not like some scary or intimidating loan companies who can make you feel silly or like you’re being ripped off.”
– Lucinda B, Bachelors in Journalism, Southampton Solent University

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