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Research paper about financial problem of students

Experiencing financial difficulties and worrying about debt at university increases the risk of mental health conditions such as depression and alcohol dependency, according to new research from the University of Southampton and Solent NHS Trust. The research, published online in the Community Mental Health Journal , found that symptoms of anxiety and alcohol dependence worsened over time for those who were struggling to pay the bills. Those who were more stressed about their debt had worsening levels of stress, anxiety and depression. Additionally, mental health issues and alcohol dependency predicted higher levels of financial stress and vice versa, suggesting the possibility of a 'vicious cycle' occurring.
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Students in the UK are worrying about their finances to such an extent that it is affecting their mental health, according to research revealed today. More than a third of students say that financial worries have an impact on their mental health, with more female students 38 per cent dealing with the acute financial worries than male students 33 per cent. It also found that the highest level of mental health problems due to financial stress is in the North West of England, and the lowest levels are in the South East and the West Midlands. Everyone deserves the chance to fulfil their dreams through higher education. He explained that credit cards and payday loans were partly responsible for causing this stress by imposing extortionate rates on students. Just under two thirds of students worry about their finances all the time or very often, and many students are considering unconventional sources of income to ease the financial pressure, including night work, medical trials and sex work.
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Evidence of Financial Resources

Sir, — The findings of the latest Eurostudent survey News, January 22nd indicate that over a third of college students in Ireland are experiencing severe financial difficulties. This is the highest percentage of all the European states. According to the survey, postgraduate and undergraduate students in Ireland are now more reliant on financial support from parents or others than five years ago. Your article states that this is likely a symptom of the economic recovery, as it is suggested that parents now have greater means to support family members. In reality, the cumulative cuts in third-level student grants imposed in and leave students with funding that is completely inadequate and needing to be supplemented through work, parental support or loans.
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You will have to apply for student financial aid every year. This is required so that changes to income and status can be calculated. You may qualify for more assistance than the year before and not even know it.
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