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Identifying and describing the main financial service needs for a student starting at university
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UNIT 14 FINANCIAL SERVICES Produced By A.Akil IDENTIFYING AND DESCRIBING THE MAIN FINANCIAL SERVICE NEEDS FOR A STUDENT STARTING AT UNIVERSITY One of the most important steps in life as a student is when starting University. A lot of investigating, research, planning and organising is needed to achieve the best option, including financial needs. Here is a list on what the student may need.> Currents Accounts> Savings Account> Credit Card> Student Loan> Overdraft Facilities> Parental Contribution> Contents (chattels) insurance Current Accounts There are a variety of banks and building societies that offer current accounts, but not all are specifically for students. The Halifax Student Current account offers all the benefits of a Halifax Current Account, but with special overdraft terms. During the first year with Halifax, the students can apply at any branch for an interest free overdraft of up to £750, increasing to £1,000 in the second year and £1,250 in the third....
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