How are you financing uni?

Oh, you're one of those...

I'm saving it for a deposit on a house, so I won't be touching it at all really.

I'm not rich, neither are my parents we're just comfortably middle class - especially as my dad (who was the major earner) passed away 5 years ago..

I have ambition and know how to make money because my parents have always encouraged me to be smart about money and invest from an early age. So, yeah, I understand it is a lot to most people but I feel in the grand scheme of things its not that much and I aspire to create even more wealth for my family and the community around me.

The first step to making lots of money is understanding it's value, saying that "in the grand scheme of things it's not that much" shows you have no idea about the true value of money. My parents also told me to invest young, I had put away a fair amount of money at a young age at a very good interest rate and it has not come to such a massive amount as 40 thousand pounds, it is clear that this money had come from your parents and they had been adding to it themselves over the years as well, no intrest rate in the past 10 years would come even slightly close to this without first starting with a very large sum of money.

I work and I am proud of how much I have managed to save, but no one of my age could earn enough to save that kinda money not to mention how hard so many people work just to pay there bills and can never earn that amount no matter how hard they work. Earning £40k a year is a high paid job, that's around what a deputy head in a large school would earn about £50 for a head teacher.

Also simply being good with money isn't going to cut it if you are looking to make the millions you seem to think is so easily achieved, you need an income first and no job is gonna pay enough to earn how much you want. So you're gonna need to have your own business, your own ideas, something that people will pay through the nose for just to have, wealth is gained through forcing other people out of there own money, no one has ever been wealthy via honorable means.

Talking about such a last sum of money being "not that much" is gonna piss a lot of people off, so I wouldn't go around talking about it so lightly.

Any European students here? My family's on the poorer side, but I really want to study in the UK - I'm planning on working for about 10 weeks this summer + getting a part time job, but I don't want to be a burden on my parents so even 100 pounds a month would probably be a lot from them. Anyone have experiences of self-funding uni?

Well I am not sure how getting a student loan as a foreign students works, but I assume it covers all our tuition fees and you also get some extra money for living expenses the same as people inside the UK get? (...)

Well, it only covers tuition fees, nothing beyond that, and that's why I'm kinda stressed out :-( The uni won't help me either, since all the bursaries only apply to UK students... But oh well, I'm not used to luxuries either way, and I'm quite fond of beans
2000 pounds is actually the amount I expect to be able to save this summer - I thought it could maybe help me out while I try to find a part-time job.
One part of your post got me intrigued though - you gave an example of 75 pounds/month on accommodation - is that just a random, completely imaginary figure, or can you actually get a room that cheap? (Most I found were at least 70 pounds/week, and if I get into my first-choice uni, the cheapest one is like 90 ppw...)

Well, it only covers tuition fees, nothing beyond that, and that's why I'm kinda stressed out :-( The uni won't help me either, since all the bursaries only apply to UK students... But oh well, I'm not used to luxuries either way, and I'm quite fond of beans
2000 pounds is actually the amount I expect to be able to save this summer - I thought it could maybe help me out while I try to find a part-time job.
One part of your post got me intrigued though - you gave an example of 75 pounds/month on accommodation - is that just a random, completely imaginary figure, or can you actually get a room that cheap? (Most I found were at least 70 pounds/week, and if I get into my first-choice uni, the cheapest one is like 90 ppw...)

Yeah, you aren't going to find accommodation that cheap unless you are living in a tin box.

Cheapest you could get is about £3000-4000 for the year - of course it depends where the uni is. Where are you planning on going?

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Yes you can, if, you don't mind sharing with people, the accom I have booked for uni is 110 a week, but they have 4 bedroom flats, the same as mine (I have a one person studio) but with 4 bedroom for only 65 a week just look around, Halls at the uni will be expensive, but if you go private you might find some good deals

I can't believe people are just willing to accept handouts from their parents to fund uni and not make any effort themselves to save money. Surely at 18 people will start to take responsibility for themselves. You can't remain a child forever.

I can't believe people are just willing to accept handouts from their parents to fund uni and not make any effort themselves to save money. Surely at 18 people will start to take responsibility for themselves. You can't remain a child forever.

The university maintenance loans are based on your family's income despite the fact that your supposed to be an adult in your own right. There is nothing wrong with accepting money from your parents to make up the difference between the minimum loan and the maximum loan as that is what the government expects, everybody then starts university on a level playing field. By your logic I could say "I cant believe students accept the maximum loan and hardship bursary's etc because they should take responsibility for themselves".