Is this a realistic loan and budget?
Discussion about all the financial aspects of life - from bank accounts, overdrafts and budgeting to tax, savings and investments. For discussion about student loans, grants, and bursaries please use the Student Financial Support subforum.
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Re: Is this a realistic loan and budget?no problem(Original post by jackie11)
ok thank you for the heads up
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Re: Is this a realistic loan and budget?Accom will not be 52 week, most I think is 42 weeks(Original post by jackie11)
Hi there
I am hoping to go to University in London in September 2013
Maintenance grant: £3,354 (Max grant as household income is less than £25,000)
Living cost loan: £7,675 (You live away from home and study in London)
so income per year will be £11,029
Budget:
Accommodation: £140 x 52 = 7,280
Food: £30 x 52 = 1,560
Local Travel(mostly gonna cycle) £365
Travel Home 4 times a year £120
Clothing £120
Social activities: £20 x 52 = 1,040
Books, Stationary, supplies: £50 x 12 = 600
Mobile Phone: £10 x 12 = 120
Toiletries £40
Total expenditure: £11,245
Is this a realistic idea??
Many thanks
Clothing no chance really, might be hard with 20p/w on going out.
