Many students receiving their A-Level results will now be thinking about next steps and whether they will be going to university in September, entering the world of work, or perhaps taking a gap year.

For those set to go to university, budgeting might not be at the top of your list if you’re currently celebrating your A-level results, but the cost-of-living crisis has heaped extra pressure onto the financial constraints university students already face.

Thinking about how you’ll make your money last will save you stress further down the line – and hopefully mean you make the most of your studies and the whole university experience.

What is a student loan?