Although student debt and student loans have become almost a way of life for many students, there are ways that you can avoid this fate and stay relatively free of debt during university. Although student loans may be necessary for some, if you save and spend in the right way you can avoid that student debt mountain and survive student life without taking out loans. If you want to know how to avoid student loans, then here is some more information.

Working

Although study must come first and your degree is the most important thing, with lecture times being infrequent you can help yourself by working through university. It can be tough, but even working a few hours a week can help you to reduce the need for student loans. However, remember to leave enough time for study and relaxation. Try and work around 10-20 hours a week, depending on your workload and schedule. You can work in all manner of jobs, and can even use your subject skills to your advantage. Writing, tutoring or web site design are just some ways you can earn money without getting a regular job, although a part-time office or retail job can be just as good if the hours are flexible and the pay is decent.

Saving money

Student life is a time to enjoy yourself as well as study, but that doesn’t mean you cannot save money as well. Cut down on things you really don’t need, and try to put aside a little each month. Even if it is just a few pounds, it can really make a difference at the end of university when you are trying to move into the working world. The more you save, the less you have to spend on paying back student loans.

Food and accommodation

Two of the biggest costs of university life are food and accommodation. However, with just a few simple steps you can save large amounts of money on these items. The first thing you should do, if you cannot already, is to learn to cook simple and cost-effective meals. Ready meals and fast food might seem great, but cooking simple pasta and rice dishes can save you a lot of money and are far better for you. As for accommodation, be honest with yourself and decide what you really need. There is no need to be fashionable and go for a ‘nice’ place if it costs you money. Get the cheapest place you can that suits your needs, and cut costs wherever you can. Although a second hand sofa and bed may not look nice, they will save you a lot of money and serve your needs. Saving money now will allow you to have that trendy home in the future.

Transport

If you live in a city or far from your university, then travel is another large expense during study. However, many of the costs of travel are due to laziness. Although it may not be easy, if you are able you can walk or cycle to places that are close. If you can get off two stops earlier on the train and save a few pounds but have to walk a mile, then do it. A few pounds each day can add up to hundreds or thousands each year. It will also keep you fit and healthy, which will improve your ability to work and study.