Last year, too many students encountered difficult financial times because of the delay in student loans. Freshers especially would have had a difficult time adjusting as they could not have fathomed the unwelcomed financial disruption to the beginning of their university experience.

Now with the possibility of a repeat of last years horror show, any student who has been through this episode before will be well aware and prepared for the tight budgeting that lies ahead. As for those who are entering higher education this academic year, the possibility of having your loan delayed may need you to begin making preparations before you even arrive on campus.

According to the Telegraph, tens of thousands of students could start the university without their full loan. Though the SLC are trying to reassure the public that there will be no repeat of last years delay, it does not look as though the public, particularly the students, are completely confident in them.

The Source Online will be giving you money saving tips all throughout the year.