Cost of Living Crisis

Your students’ union are working with Falmouth University, the University of Exeter and FX Plus to support our Cornwall student community through the Cost of Living crisis.

We know that the Cost of Living crisis is affecting every part of the university experience. We are here to listen to you and ensure your voices are heard on our campuses.

Our advice team can support you with budgeting help and guidance and your university’s careers service can help you with finding part time work. However, we are aware that right now for many people, your budget just will not balance because of rising costs in accommodation, bills and food.

Please talk to us about your situation: the more experiences we can share with our partners, the better we can present the realities of the student experience during the Cost of Living crisis.

You can get in touch with your presidents by email (presidents@thesu.org.uk) if you wish to share more detail.

News and updates

We will keep sharing updates about the cost of living crisis here.

Photo of Sabbatical Officer team for year 23/24

Student Money Week

This week is National Student Money Week- a time to focus on budgeting skills, financial wellbeing, and hot deals. But in 2024, it has a different tone. The ‘Cost of Living Crisis’ is pushing students to the brink, and with little support from the Government, there needs to be big systemic changes if universities expect students to stay quiet about this struggle.

SU Money Week Update - President Welfare & Inclusivity

As part of SU Money Week, your SU Presidents would like to share with you some updates about the Cost of Living crisis. Here is an update from Georgie, President Exeter 22/23.

SU Money Week Update - President Falmouth

As part of SU Money Week, your SU Presidents would like to share with you some updates about the Cost of Living crisis. Here is an update from Luke, President Falmouth 22/23.

SU Money Week Update - President Student Experience

As part of SU Money Week, your SU Presidents would like to share with you some updates about the Cost of Living crisis. Here is an update from Lauren, President Student Experience 22/23.

SU Money Week Update - President Exeter

As part of SU Money Week, your SU Presidents would like to share with you some updates about the Cost of Living crisis. Here is an update from Georgie, President Exeter 22/23.

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Cost of Living Crisis FAQs

What is the Cost of Living crisis?

The Cost of Living crisis is currently happening in the UK due to a number of causes. Globally, there is an energy crisis, a supply chain crisis and a climate crisis. The invasion of Ukraine by Russia and the ongoing Covid-19 Pandemic have also contributed. These situations combined have caused issues with supply and demand of goods, disruption to global services and uncertain political climates. In turn, this has impacted the UK by increasing overall costs unexpectedly.

How will the Cost of Living crisis affect me?

Everyone will be affected by the Cost of Living crisis due to rising prices in every area of your life. So far there have been predictions that gas and electricity bills, supermarket prices and fuel prices will be impacted. You may also find that these rises will inadvertently affect other things, such as rent pricing.

Where can I find help from my university?

The University of Exeter Cost of Living page includes guidance on accessing the hardship fund, where to find warm spaces on campus, where you can find discounts on food and wellbeing support.
Falmouth University have a hardship fund for students experiencing unexpected money problems during the academic year.
Money worries can also impact your mental wellbeing, Student Support can help you and have lots of wellbeing resources for you to use.

Where can I find help with budgeting?

The students' union has a free and independent advice team who can help you go through the money coming in and going out of your account, create a plan to manage your spending and advise where you can go if you’re struggling with money.
Book an appointment now.