Students cash in on part-time work – The Guardian

Half the students who work during term time earn more than £100 a week – and some earn up to £6,000 a year, new research has found.
According to the first annual survey of student finances by the Halifax bank, 52% of students work to fund their studies and living costs while at university.
The average part-time weekly wage across the UK is £112.20 a week, but the top 15% of students take home more than £200. Students in the east of England earn the most, at £131.70 per week on average.
Those who study in Scotland are most likely to work, with two-thirds (67%) having some sort of job. Students in the east of England and East Midlands appear least likely to get jobs (44%).
Students rely on work to pay for some or all of their university lives, along with help from parents, debt, savings and government grants, according to the survey.
Part-time work is the preferred option for most students, with girls more likely to work than boys (60% v 44%). Most work an average of 17.8 hours each week.
Those studying in Scotland also work the longest hours, clocking up on average 20 hours of work each week. Students in the East Midlands, by comparison, work the lowest number of hours per week: on average 15.2 hours.
A quarter of those working students surveyed did not know that they could earn money without paying tax.
Those with part-time jobs around the year are taxed in the same way as any other worker, usually through their salary. However, students who only work during their holidays and will not earn more than the tax threshold, £5,225, can complete form P38(S), which will ensure their wages are paid without tax deductions.
Sue Harper, head of student banking at Halifax, said: “Student finance has become a much more complicated picture. Working during term or through holidays is a financial necessity for many students.
“It’s important for any student to make every penny they earn work its hardest; from making sure they have the best bank account to ensuring they’re not paying any tax they needn’t.”


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