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Cambridge Offer Holders 2015 thread

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Original post by Elcor
There's a chance the Conservatives have just made uni very difficult for me, starting from my 2nd year. I know there has been an increase in the Maintenance Loan, but I don't want to be in even more debt. I didn't even apply for a Maintenance Loan this year for that very reason. My parents can't afford to help me financially. But I'll see what impact it has when the time comes.


How have you managed to do it without a maintenance loan?! :O I'd have no chance

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Original post by NinjaPandaa
How have you managed to do it without a maintenance loan?! :O I'd have no chance

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Close to max bursaries, some money from a work placement and bit of help from parents (I meant they couldn't support me financially after uni if I was in loads of debt)

I'm hoping I haven't made a huge mistake by not applying for it!

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Original post by Elcor
Close to max bursaries, some money from a work placement and bit of help from parents (I meant they couldn't support me financially after uni if I was in loads of debt)

I'm hoping I haven't made a huge mistake by not applying for it!

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If you need some, I'd be happy to try and help. I took out a couple thousand just in case so it should be spare if need be
(edited 8 years ago)
Original post by L'Evil Fish
If you need some, I'd be happy to try and help. I took out a couple thousand just in case so it should be spare if need be


That's super kind, I'll let you know but I should be fine :')
When is it best to apply for tuition fee loan? Not really sure how it works to be honest (I'm an eu student), I did print out like 40 pages I need to fill out though.
Original post by Elcor
There's a chance the Conservatives have just made uni very difficult for me, starting from my 2nd year. I know there has been an increase in the Maintenance Loan, but I don't want to be in even more debt. I didn't even apply for a Maintenance Loan this year for that very reason. My parents can't afford to help me financially. But I'll see what impact it has when the time comes.


Once you finish university you'll have the same starting salary as me so why is it fair that I have to take out significantly more in loans when I will have the same ability to pay off the debt. That is the argument against grants.

If education is not free it should at least cost everyone the same amount. Yes some peoples parents are more able to help, that doesn't mean they are more inclined to help lots of people get less from their parents than others get in grants.

Admittedly my parents do support me but if I could get a higher loan and be independent of sorts I would.




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Original post by rosedam
When is it best to apply for tuition fee loan? Not really sure how it works to be honest (I'm an eu student), I did print out like 40 pages I need to fill out though.


As early as possible


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[QUOTE=Goods;57626903]As early as possible


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What if I miss my offer? Do I still have a £9,000 loan?
I applied for some scholarships that I haven't heard from yet. Is it possible to change the loan amount after submitting the application?
Original post by rosedam
What if I miss my offer? Do I still have a £9,000 loan?
I applied for some scholarships that I haven't heard from yet. Is it possible to change the loan amount after submitting the application?


If you don't get in you won't have the tuition loan, the tuition loan is only paid once you sign an agreement after you arrive. I'm not sure about any maintenance loans


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[QUOTE=Goods;57627107]If you don't get in you won't have the tuition loan, the tuition loan is only paid once you sign an agreement after you arrive. I'm not sure about any maintenance loans


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Maintenance loans are only for UK students, so at least I don't need to worry about those (plus my government pays me £600/month while I study)
Original post by Elcor
There's a chance the Conservatives have just made uni very difficult for me, starting from my 2nd year. I know there has been an increase in the Maintenance Loan, but I don't want to be in even more debt. I didn't even apply for a Maintenance Loan this year for that very reason. My parents can't afford to help me financially. But I'll see what impact it has when the time comes.


I think you will find it only applies to "new students" not 2nd years.
Original post by Goods
Once you finish university you'll have the same starting salary as me so why is it fair that I have to take out significantly more in loans when I will have the same ability to pay off the debt. That is the argument against grants.

If education is not free it should at least cost everyone the same amount. Yes some peoples parents are more able to help, that doesn't mean they are more inclined to help lots of people get less from their parents than others get in grants.

Admittedly my parents do support me but if I could get a higher loan and be independent of sorts I would. Posted from TSR Mobile



Those with parents who earn a comfortable enough salary that their child isn't eligible for grants can get significantly more financial help at uni from them (I know /some/ don't, but that's not relevant and is anecdotal). They are also more likely to have more financial support in the future, so if I had the same debt as you it would have a greater impact on me. That's why I should be eligible for grants and you shouldn't.

Didn't you go to a fee-paying school? How much was that per year?

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Original post by Elcor
There's a chance the Conservatives have just made uni very difficult for me, starting from my 2nd year. I know there has been an increase in the Maintenance Loan, but I don't want to be in even more debt. I didn't even apply for a Maintenance Loan this year for that very reason. My parents can't afford to help me financially. But I'll see what impact it has when the time comes.


We should get around 2-3 K per year from Cambridge apparently. We apply for that when we get there


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Original post by Colmans
I think you will find it only applies to "new students" not 2nd years.


I don't think so. As regardless of year the student fincance is done per year refreshed in a sense so will affect us.


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Original post by Colmans
I think you will find it only applies to "new students" not 2nd years.


There was ambiguity regarding that in the BBC article I read - are you certain of that? That would be great news for me, but remains a huge shame.

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Original post by Goods
Once you finish university you'll have the same starting salary as me so why is it fair that I have to take out significantly more in loans when I will have the same ability to pay off the debt. That is the argument against grants.

If education is not free it should at least cost everyone the same amount. Yes some peoples parents are more able to help, that doesn't mean they are more inclined to help lots of people get less from their parents than others get in grants.

Admittedly my parents do support me but if I could get a higher loan and be independent of sorts I would.




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But we need that money to live literally and should we be put in more debt then you just for being born into a poor family? Hopefully you say no.


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Original post by physicsmaths
We should get around 2-3 K per year from Cambridge apparently. We apply for that when we get there


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3.5k is the maximum amount! Thankfully
Original post by physicsmaths
We should get around 2-3 K per year from Cambridge apparently. We apply for that when we get there


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I know. 3K is not enough to live on though lol.

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Original post by Elcor
I know. 3K is not enough to live on though lol.

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Na but we get another thing though. Younwont need it in 1st year but you can apply for the loan in second year


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Original post by physicsmaths
But we need that money to live literally and should we be put in more debt then you just for being born into a poor family? Hopefully you say no.


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I would prefer higher taxes and free education but not everyone shares my views. If we have to pay for me then I think everyone should pay the same amount for the same opportunities. I think that sufficiently large interest free loans should be available that students need not worry about money whilst at university.

OP said he wasn't taking out a maintenance loan which actually means I will end up with 16800* more debt than him over the course of my degree (if he never takes the loans).

*3600 this past year and 4400 for the next three



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