When you’re a student, it can be easy for money to go down the drain without you even realising, and spending here and there can add up quickly. Indeed, new figures have revealed that a significant amount of students’ money has gone towards overdue library book fees – with nearly £50 million raised as a result.

Setting a realistic budget for your everyday spending at university is essential to keep track of your cash and push those pounds further. Some universities like Middlesex University http://www.mdx.ac.uk/ offer financial help to prospective and current students who are confronted with financial barriers that stop them from going to university. This support comes in a range of grants, bursaries and scholarships; however, it is important to remember that these are usually extremely competitive.

Data, revealed in the Freedom of Information requests by the Press Association, showed that Leeds University raised the most in overdue library fines – more than £1.8 million in the past six years. Imperial College London, on the other hand, raised the least with just £26,703.

If you are struggling to remember when your library books are due and are consequently receiving fines, you might find a diary is a useful investment and it can help you organise your time better.