why do you need £9000 per year?

Discussion and questions about student financial support arrangements - from government loans and grants to university bursaries. Please use the main Money & Finance forum for more general financial topics.

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  1. Honey:)'s Avatar
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    why do you need £9000 per year?
    Hey. i wanted to know why you need £9000 a year? It seems like alot of money for me considering that im staying at home.
    So could someone tell me why i will need all the money as i live close to my uni so i doubt transport will cost me alot either!
    HELP?!!
  2. yothi5's Avatar
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    Re: why do you need £9000 per year?
    where did you get 9000 pounds from?

    No one should be spending 9000 pounds a year on living costs whilst at university.
  3. Fuzzy12345's Avatar
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    Re: why do you need £9000 per year?
    Tuition fees?
    Wait, do you mean for living costs? Don't quite get your question :curious:
    Last edited by Fuzzy12345; 05-04-2012 at 21:03.
  4. calumsteele1's Avatar
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    Re: why do you need £9000 per year?
    tuition fees funnily enough...
  5. Mr Dangermouse's Avatar
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    Re: why do you need £9000 per year?
    I think most of it comes from the wages of the academic staff, when you prorate it across the students that's a lot because these guys are rollin in cash.

    Also running costs like electricity and whatever.
  6. Venomilys's Avatar
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    Re: why do you need £9000 per year?
    somebody didn't budget.
  7. y-y's Avatar
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    Re: why do you need £9000 per year?
    who said you need all that?
  8. Honey:)'s Avatar
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    Re: why do you need £9000 per year?
    (Original post by Fuzzy12345)
    Tuition fees?
    Wait do you mean for living costs? Don't quite get your question :curious:
    Is 9000 to cover tuition fees?
  9. v2p's Avatar
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    Re: why do you need £9000 per year?
    (Original post by Honey:))
    Is 9000 to cover tuition fees?
    Yes.
  10. BKS's Avatar
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    Re: why do you need £9000 per year?
    (Original post by Honey:))
    Is 9000 to cover tuition fees?
    That's what you were being asked. What do you think you need £9000 for? Where did you hear that you did?

    you do not need £9000 to live on. More £6-7000. If you need to pay tuition fees then it'll vary by uni how much they are
  11. Honey:)'s Avatar
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    Re: why do you need £9000 per year?
    (Original post by BKS)
    That's what you were being asked. What do you think you need £9000 for? Where did you hear that you did?

    you do not need £9000 to live on. More £6-7000. If you need to pay tuition fees then it'll vary by uni how much they are
    cause to study in london i thought you get a loan of £9000 and you have to pay it back once you earn over £21,000. When i went to an open day thats what they said that you need £9000 every year...
  12. Id and Ego seek's Avatar
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    Re: why do you need £9000 per year?
    LOL.
  13. Helloworld_95's Avatar
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    Re: why do you need £9000 per year?
    Staffing the uni, energy, internet, equipment, expansions, scholarships, funding research(?), etc.
  14. bestofyou's Avatar
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    Re: why do you need £9000 per year?
    LOL
  15. Joinedup's Avatar
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    Re: why do you need £9000 per year?
    Probably a question for 'the university administrator room' tbh... Though some places charge less than 9000.
  16. Fuzzy12345's Avatar
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    • Posts: 750
    Re: why do you need £9000 per year?
    (Original post by Honey:))
    cause to study in london i thought you get a loan of £9000 and you have to pay it back once you earn over £21,000. When i went to an open day thats what they said that you need £9000 every year...
    ...for tuition fees :P
  17. Final Fantasy's Avatar
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    Re: why do you need £9000 per year?
    (Original post by Honey:))
    cause to study in london i thought you get a loan of £9000 and you have to pay it back once you earn over £21,000. When i went to an open day thats what they said that you need £9000 every year...
    Your school should have informed you about student finance... you appear to be clueless on this issue.

    The £9000/year is for course tuition fees. You make an application on the Student Finance Wales or Student Finance England website (depending on where your permanent/home address is i.e. England or Wales) or you can request a hard copy to fill in and send through the post. After that you'll be issued a statement which shows you the loans/grants you are entitled to and what dates they'll be funded to your bank account etc.

    Student Finance/Student Loans Company automatically pays the tuition fees to your university. The maintenance loans/grants (your living costs for rent, food etc.) will be paid directly into your account.

    Depending on where you live it costs around £4000 - £6000 a year to live comfortably. This will all be sorted out when you apply for student finance.

    If you are entitled to grants, DSA and bursaries etc. - these do not need to be repaid back. Only loans.
  18. BKS's Avatar
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    Re: why do you need £9000 per year?
    (Original post by Honey:))
    cause to study in london i thought you get a loan of £9000 and you have to pay it back once you earn over £21,000. When i went to an open day thats what they said that you need £9000 every year...
    You don't need £9000 a year. I doubt they are all talking crap so I think you must have misunderstood

    You can get a fees loan to pay tuition which is up to £9000 then you can get £4,375 if you stay at home or £7,675 away from home in London for living costs. Those reflect actual costs of living. So depending on how you count it you need £4,375 or £13,375 (or a bit less if the uni don't charge £9000 but I think most in London are pretty close to it)
    Last edited by BKS; 05-04-2012 at 21:11.
  19. Pthaos's Avatar
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    Re: why do you need £9000 per year?
    Are you sure you're ready for University life? You don't seem to have a clue what it entails...
  20. Honey:)'s Avatar
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    • Posts: 265
    Re: why do you need £9000 per year?
    (Original post by Pthaos)
    Are you sure you're ready for University life? You don't seem to have a clue what it entails...
    Lol looks like i dont! Lets see how it goes
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