At any stage during your time at University, you may find yourself in debt. If you are in debt, we can offer you advice and information to talk about your options. We’re here to help you make an informed decision about how you can manage and deal with the situation.

What are priority debts?

Priority debts are debts which have a serious consequence if they are not paid.

Here’s a list of some priority debts and what could happen if you don’t pay:

  • Rent/mortgage arrears – you could lose your house
  • Gas and electricity – you could get cut off
  • Council tax arrears – you could face court action and fines
  • Parking fines – you could face court action and fines
  • Debts to the University/college – it may stop you progressing on your course

Priority debts should be paid before other debts.


What are non-priority debts?

Non-priority debts are debts such as:

  • Credit card and store debts
  • Overdrafts
  • Most credit debts


What happens if I ignore my debt?

Potentially, interest will build up and you could end up facing repayments at far more than you borrowed in the first place. You could also find it hard to get credit in the future as you may have incurred a negative credit rating.



Citizens Advice is a network of 316 independent charities throughout the United Kingdom that give free, confidential information and advice to assist people with money, legal, consumer and other problems.

Citizen Advice

There are also a charity organisation Stepchange which help deal with consolidating debt and getting you back on track financially. 

StepChange Debt Charity


Want more financial advice? Check out the Money Matters Guide

Money Matters Guide