Hoot Credit Union has introduced credit union services to students at the University of Bolton.
The savings and loan product has been tailored to support mature students or students with families who may be in receipt of loan, grant or bursary plus salary or benefits to supplement income. In year 3 of study there is no grant or bursary available to students, so encouraging students to save in years 1 and 2 to build up a pot of savings would help to reduce the worry and stress about completing their studies.
[Source: http://www.abcul.coop/media-and-research/news/view/600]