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Home arrow All News arrow Students need jobs to survive
Students need jobs to survive Print E-mail
09 August 2008

Two-thirds (66%) of students have a job to help support them through their studies, and many (18%) need more than one job to help them make ends meet.

 

Students based in Northern Ireland are the most likely to work to fund their studies: just over three-quarters (77%), closely followed by Scottish students (73%), according to research by Halifax. The figure for London students is 65%.


Almost half (41%) of the students questioned have a job during term time. Students in Northern Ireland are the most likely to hold down a part-time job whilst studying, with almost three-quarters (64%) of them working during term-time. Scottish students came second, with almost half (48%) working during term-time.

 

On average, students in Scotland and Northern Ireland worked the longest hours, at an average of 8 hours per week. Almost a quarter (23%) of the students in Northern Ireland work between 16 and 20 hours per week, compared to only 6% of those in the West Midlands, the lowest figure.

Students in Scotland were the most likely to work more than 21 hours a week with 9%, compared to just 2% of students in the South West.

 

Students in West Midlands are the highest earning during their studies, with an average weekly wage of £59.50, compared to students in Wales who are the lowest earners with a weekly wage packet of just £27.70.

 

Almost a fifth (18%) of the students surveyed earned £50-£100 per week. Students in Northern Ireland were the most likely to be in this wage bracket (39%). Students in Scotland came second with almost a quarter (24%) earning £50-£100 per week, compared to just 11% of the students in the Eastern university region.
 
London had the largest proportion of students earning over £100 per week, with 17% of students in this bracket. This compares to just 5% of students in Wales who earn more than £100 per week.

 

Surprisingly, students these days are only spending an average of 5.9 hours a week in the pub. Also, they are only spending on average 9.6 hours on other socialising and 10 hours watching television.

 

But just over a third (38%) of the students managed to spend more than five hours a week in the pub, and nearly two-thirds (58%) spent more than five hours a week watching television.

 

From 4 August 2008 the Halifax Student Account features:
• Up to £3,000 interest-free overdraft for up to five years while you are a student and for one year after graduating (up to a maximum of six years)
• 2% gross on in-credit balances
• Commission-free foreign currency and American Express Travellers Cheques
• 25% off AA membership for a year
• 20% discount on card care insurance
• Online and telephone banking plus the option to receive your statements online
• Withdraw up to £300 a day
• Visa Debit facility on your card, so no matter where you are, you can use your card wherever you see the Visa sign in shops and at cash machines
• Cheque book available on request
 
Information and applications by phone on 0845 607 2261, online at www.halifax.co.uk/bankaccounts/studentcurrentaccount.asp or at local branches.

 




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