Hello all,
I'm about to undertake a postgraduate degree, but I'm just trying to weigh up my opinions, but really don't know what to do, in regards to whether I should stay at my parents house and commute, or reside in the same city.
I've decided to weigh up both of my options in regards to cost, and this is what I've come up with so far:
Commuting
Train Season Ticket - From 24 Sep To 24 May: £1,795.50
Tram for 26 weeks: £232 (unirider)
Rent: £1,200
Total: £3,227.50
Living at University
Cheapest En-Suite Flat: £4,715 (University Accommodation)
Living Expenses: £3,000.
Total: £7,715
My tuition fees for the course will be £7,000, as I have received a scholarship from the university. So I've come up with these final figures:
Total Cost Commuting: £10,227.
Total Cost Living At University: £14,715.
The cost of my postgraduate degree would be coming out of my inheritance from one of my family members, which isn't very much as it is, so I don't want to use all of it on my postgraduate funding, as it would be useful for a house deposit in the future.
On one hand, I would like to live where the university is, just so I can experience living in a new city, new people, and be close to the university for lectures and library books, being independent and for nights out with friends.
However, it would be nice to have less of a cost involved with my postgraduate degree by commuting, as I'd have no accommodation or living costs to pay for. The commute on the train would be between 1hr 15 minutes and 1hr 30 minutes each day, so between 3hrs travelling per day at the worst, and 2hrs 20 at the best. I know I could get down to reading or something on the train, but I'm not the best in regards to doing stuff while travelling (damn motion sickness), and I don't know if commuting for up to 3 hours a day would take its toll on me after a while... who knows!
I'm just wondering what you would do in my situation?
Which option you would choose?
Any advice would be great!