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Maintenance Grants and Loans

Hey, I was just wondering, as I am eligible for the maximum maintenance grant, of about £3,300 but the halls I'm hoping to stay in will only cost £2664 for the year, should I apply for exactly this amount? Or should I apply for the maximum grant amount and use the rest for food and travel? I don't know how expensive university will be, so would I need to get a loan on top of that? Sorry, I just don't know. If I couldn't stay on the £2664 halls, the next cheapest is £2923 which would still leave me some for food and travel, but less. I don't know if I should get the exact maintenance grant, or the full grant and a little from the loan?

Thanks

Reply 1

doodle_333

get your grant and loan, even £50 a week (which isn't that much at all as an average - it will include all one off costs e.g. freshers, clothes, medication, presents, travel home etc) is £2500 for 12 months

you should also be entitled to a bursary which you will not have to pay back

Reply 2

LaughingKitsune

If you're eligible for the maximum amount, take the maximum amount. Otherwise you would definitely struggle financially.

Reply 3

ManWithTwoHorns

Hey guys,

just wondering do they give a maintenance grant only once during your time at University or every time you apply for a student finance loan?

Reply 4

LaughingKitsune

Original post by ManWithTwoHorns

Hey guys,

just wondering do they give a maintenance grant only once during your time at University or every time you apply for a student finance loan?

You can get it every time you apply for a student finance loan :smile:

Reply 5

ManWithTwoHorns

Thanks you that's fantastic news to hear!

But you are absolutely sure about the fact that they do actually give maintenance grants every year when I do apply for a student loan?