FSA supports 'Money Doctors' student advice service

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The Financial Services Authority is supporting a "Money Doctors" generic financial advice scheme to help higher education students cope with money problems and debt.

The scheme was piloted at Roehampton University over the last 12 months after the University was successful in its bid for funding under the FSA’s National Strategy for Financial Capability. Abi Jones, press officer at the FSA, says the FSA is currently assessing the best way to sustain the scheme on a wider basis, but it hopes the funding will come from universities’ existing budgets, as many are keen to take the scheme on. The service is designed to help students both before and after they get into money difficulties by providing generic advice from COB and in-house trained advisers o...

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