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How much student loan are you getting? Watch

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    (Original post by David B)
    I chose a en-suite for my first option but didn't get it Don't you like the idea of sharing with 5+ other people.



    What university are you attending? And that's great that you're able to help out your mum despite been on a budget yourself.
    I go to Liverpool John Moores, and yeah i'm glad I can help I guess.
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    (Original post by David B)
    I chose a en-suite for my first option but didn't get it Don't you like the idea of sharing with 5+ other people.
    You'll be saving a lot of money.. I live in the northwest which is like the cheapest place in the country I think and ensuite costs £750 more at my university halls and £625 more in private halls. At other universities and other parts of the country it's probably even more expensive..just think of all the stuff you could buy with all that money instead of flushing it down the toilet when you'll end up having to share again after university anyway. Or you could end up saving that money. Everyone will be on different schedules so you'll likely never have to queue to use the bathroom I can say this from experience, and living with 5 other lads in first year it wasn't messy in the bathroom at all at any point during the year.
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    (Original post by Ruffiio)
    You'll be saving a lot of money.. I live in the northwest which is like the cheapest place in the country I think and ensuite costs £750 more at my university halls and £625 more in private halls. At other universities and other parts of the country it's probably even more expensive..just think of all the stuff you could buy with all that money instead of flushing it down the toilet when you'll end up having to share again after university anyway. Or you could end up saving that money. Everyone will be on different schedules so you'll likely never have to queue to use the bathroom I can say this from experience, and living with 5 other lads in first year it wasn't messy in the bathroom at all at any point during the year.
    Yeah it worked out I was going to save a fair amount of money not having the en-suite. Which I wasn't particularly bothered about anyways, I just wanted to have one for more convenience.
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    (Original post by SophieSmall)
    Maintenance Loan: £4028
    Maintenance Grant: £3387
    Bursaries: £500
    Scholarships: £0
    Savings: £0
    Money from Parents: probably minus money as I often have to send my mum money so she can afford the bills.

    Accommodation Cost: £72 p/w 52 week contract so total £3744
    Weekly spend after Accommodation: After paying off overdraft I'll have around £70 a week, I'll probably only use £30 a week on everything including drinks and going out but a lot of my money seems to go to my family to help them out so I always seem to end up in my overdraft.
    It's nice that you're willing to help out your family.


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    (Original post by Squirb)
    It's nice that you're willing to help out your family.


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    I couldn't not, my mum needs the money more than I do. I'd feel so guilt if I didn't.
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    Use this format to keep it easy

    Maintenance Loan: £3575
    Maintenance Grant: None
    Bursaries: None
    Scholarships: None
    Savings: None
    Money from Parents: £25/week plus top up for loan to cover rent.
    Money from job saving for uni: About £2000

    Accommodation Cost: £4000
    Weekly spend after Accommodation: £45
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    (Original post by SophieSmall)
    I couldn't not, my mum needs the money more than I do. I'd feel so guilt if I didn't.
    It was the same with us, my sister helped out my mum a lot. Can't say no after our parents have done so much for us, it would be wrong.

    But it's still nice to see and I think you deserve some praise

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    (Original post by Squirb)
    It was the same with us, my sister helped out my mum a lot. Can't say no after our parents have done so much for us, it would be wrong.

    But it's still nice to see and I think you deserve some praise

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    Thank you that's kind of you.
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    I get the maximum loan + grant and my accommodation is paid for. I'm also eligible for a bursary so I've worked out that I'll have £262 per week in the first term.. Does this sound about right? 😊


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    (Original post by chloehodson)
    I get the maximum loan + grant and my accommodation is paid for. I'm also eligible for a bursary so I've worked out that I'll have £262 per week in the first term.. Does this sound about right? 😊


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    From what you've said, that figure sounds like it's in the right ball park. How much would your accommodation have cost you?
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    (Original post by Squirb)
    From what you've said, that figure sounds like it's in the right ball park. How much would your accommodation have cost you?
    It costs £5,565 and is self catered


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    (Original post by x0pk1n)
    Just thought I'd add in the SF system needs fixed. Just because my parents earn more doesn't mean they can or are willing to support me. What if they disagree with my life choices? The amount I get barely covers a shared room and shared toilets with where I wanna go. Everyone should get the same.

    Also why should you get free money(grant) just as your parents are less well of. You'll have the same degree as me and earn the same amount. So why do you get a free 9K...
    If I didn't get a grant then I wouldn't be going to university (and I don't get anything near £9k of grants, more like £3k). If you get rid of grants then the worst off wouldn't be able to have the same educational opportunities.
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    Maintenance Loan: £4198
    Maintenance Grant: £3387
    Bursaries: 0
    Scholarships: 0
    Savings: 0 (****e willpower and money management)
    Money from Parents: 0

    Accomodation is around £3900 I think cant remember specifically.

    As long as I don't spend more than £90 a week I should be fine, will look for a part time job too.
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    For some reason, I don't get any maintenance grant. So i have about 5000 in loans I think, I don't know whether I should be happy or not. Hahah :P
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    around £5k in total
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    (Original post by Lil3utterfly)
    For some reason, I don't get any maintenance grant. So i have about 5000 in loans I think, I don't know whether I should be happy or not. Hahah :P
    For some reason? If you';re unsure why you aren't getting any grants and you think you may be eligible you should definitely ring up student finance and ask why you aren't, it's worth a ten minute phone call.
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    (Original post by SophieSmall)
    For some reason? If you';re unsure why you aren't getting any grants and you think you may be eligible you should definitely ring up student finance and ask why you aren't, it's worth a ten minute phone call.
    I guess I could, but I'm also happy with my loan.
    Because the more grant I have, the less loan I get right?
    So maybe it doesn't matter greatly to me.

    Thanks though
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    (Original post by Lil3utterfly)
    I guess I could, but I'm also happy with my loan.
    Because the more grant I have, the less loan I get right?
    So maybe it doesn't matter greatly to me.

    Thanks though
    It really depends on the individual, but if it turns out you are eligible for a grant it means less debt but around the same amount of money or more? Worth a shot I say.
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    (Original post by SophieSmall)
    It really depends on the individual, but if it turns out you are eligible for a grant it means less debt but around the same amount of money or more? Worth a shot I say.
    Yeah I supposed it amounts to almost the same/ or a little more.
    I just might be motivated to give it a shot
    Speaking of loans, what's yours? if you don't mind me asking
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    (Original post by Lil3utterfly)
    Yeah I supposed it amounts to almost the same/ or a little more.
    I just might be motivated to give it a shot
    Speaking of loans, what's yours? if you don't mind me asking
    Oh no of course I don't mind I get the maximum loan and grant.
 
 
 
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