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University students' studies are suffering due to part-time jobs needed to fund their education, new research shows. From gadget insurance to interest free overdrafts, follow our student money saving tips.
Students work 2.7 million hours in total each week to fund their degree, with one in four admitting their studies are suffering as a result, Santander Universities' research has recently found. Almost half of all university students work part-time to support themselves with one in 1 employed students working for 15 hours or more each week.
In light of these figures, Santander is offering a Student Current Account offering an interest free overdraft up to £2,, and to protect the high value gadgets students transport around campus, free mobile, gadget and laptop cover.
"It's little surprise that nearly half of all university students are working part-time during term time," said Luis Juste, Santander Universities' UK director.
"It's concerning that a quarter of students who work part-time to help fund their education believe their studies are suffering as a result."
Bar work was found to be the most popular part-time student job with 11 percent of students working behind one, closely followed by 1 percent who work in waitressing and four percent who work in call centres.
Students are one group who may benefit from find individual insurance for items such as mobile phones and laptops as many student insurance policies exclude mobile phones.
With the majority of students carrying laptops, expensive mobile phones, iPods and other gadgets around constantly, damage or theft is highly likely and replacing them could be impossible with a student loan. Therefore, finding gadget insurance online can save you considerable amounts of money in the long-run.
The moneymaxim gadget insurance comparison service lets you compare the following insurance products: Mobile Phones (including a specialist service for iPhone and Blackberry policies), Laptops, iPads, MP3s, iPods, Sat-Navs, DVD Players, Home Cinema Systems, Projectors, Flat Screen TVs, e-Readers, head-phones and more.