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Aug 20, 2016 02:45 PM EDT

How To Become Financially Independent University Student, Academics Suggest! [VIDEO]

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Securing a place in college is already one major of a deal while making sure that you are financially-independent as a student is completely another mastery to obtain. Facts reveal that most university students in UK are groping with chances over becoming financially-independent so that academics suggest the best tips for mastering such.

In line with the current release of college test results in August 18, many students in UK are faced with the challenges of boosting up sources of income. Pounded even more by the fact that most of these students are already down on knees with debts from student loans, these students are mostly in a state of partial employments. Thus, it is of high time of for them to practice saving tips as per suggestions by academics, the Telegraph reported.

As much as students would want to muster the necessary picks, they cannot do so without support from plans. That is why most of the tips herein can be seen to include supporting socials, applications and other financial plans that eventually help the student become financially-independent, Wise Bread reported.

Here are the top 3 best tips:

1. Rent a textbook instead of buying

Apparently, students had had yet to muster all necessary courage to empower the self when it comes to textbook hunting. But, rather than buy, a student can actually rent. The best site to rent textbooks is the Amazon. In fact, the Amazon has a rental book program. The best action is to visit the site and avail of the Amazon's used book price to save a lot of money, Amazon reported.

2. Students are entitled for tax exemption; but first, you must apply 

Provided that the student is a full-time student living under the roof with co-students, he/she can eventually apply for council tax exemption. The Government UK serves as an open platform for any students to apply.

3. Avail of a Family Plan

Holding costs individually is more burdensome than sharing costs with other students. There are various family plans available in the internet from which the student can apply for. As per average, a student can save $50-$100 of cost per month under family plan.

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