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Holly (left) receives her award from Terri Dial, Head of Retail Banking at Lloyds TSB
Holly (left) receives her award from Terri Dial, Head of Retail Banking at Lloyds TSB
Holly with Terri Dial and the runners up in the competition
Holly with Terri Dial and the runners up in the competition

Internal News - 15 January 2007

ESML student Holly Jones wins Times Lloyds TSB Graduate of the Year 2006

Holly Jones, who graduated from the Department of European Studies & Modern Languages last year, has been named as Times Lloyds TSB Graduate of the Year 2006.

Her prize, a cheque for £7,000, was awarded for her ‘imaginative and insightful’ article on the financial problems faced by students. Students were asked to write a piece advising secondary school teachers on what they should teach when personal finance becomes part of the national curriculum in 2008.

Holly’s article Britons lose £1.2 billion (712 Pot Noodles per student) because of poor financial planning looked at the problems students face when they arrive at university with little or no knowledge about personal finance and the impact of top-up fees, it also included practical tips about how students can save money.

Holly, who studied French & German, said: “I believe it is becoming increasingly hard to cope financially at university and the lack of financial education in schools has meant students arrive totally unprepared. The new finance classes could teach some very valuable lessons to future students and really help minimise the debts they graduate with.”

The article included tips on how to save money, for example by buying second hand text books from websites such as www.unibooks.org which was set up by one of Holly’s friends.

She said: “I worked throughout my time at university but I still left with debts of £10,000. My friends and I found that the biggest challenge was trying to get the balance right between studying, earning money, and having time for any of the social activities on offer at university.”

In the second part of the competition Holly, and the others on the shortlist, had to write a fifty-word summary of their essay. Holly spelt out ‘personal finance’ using each letter to begin a piece of advice.

“I was really excited when I heard that I’d won,” she said. “I was presented with the cheque by Terri Dial, head of retail banking at Lloyds TSB, at an awards ceremony in London in December. The money has gone towards paying off my student debts and to help fund a visit to China later in the year.”

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