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    Hello guys I really want some help about my financial circumstance

    I a home student and I am going to university in London next year, namely LSE, the fees are £8500 per year which is covered by loans.

    According to my student finance calculator I am eligible for 0 grants and 7.5k per year in maintenance loans.

    I calculated the lowest (e.g Accom 150 per week, food 20 per day, )and include part time job (10 hours for 20 weeks)etc and I still need 6k per year.

    My parents won't support me because I am suppose to do part time job and work my ass off during uni to support myself, and they are still dissing me about I should've worked hard to earn money during yr12-13 instead of doing sport etc.

    So I am really gutted not sure what to do now. :s
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    £20 in food per day? Where are you planning on doing your food shopping? Even for London that's expensive for a student.

    You say you need £6k a year and you get £7.5k in loans to cover your living costs, I don't see what the issue is unless I've misread it?
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    try £20 a week on food instead of per day omg
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    (Original post by SpicyStrawberry)
    £20 in food per day? Where are you planning on doing your food shopping? Even for London that's expensive for a student.

    You say you need £6k a year and you get £7.5k in loans to cover your living costs, I don't see what the issue is unless I've misread it?

    £20 a day in London is pretty reasonable/standard for expenses, not including rent. That comes to £140 per week, so £560 per month. They say for London universities, you're looking at expenses of around £1000 per month including rent, so that's not far off.
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    (Original post by Jackfinance17)
    Hello guys I really want some help about my financial circumstance

    I a home student and I am going to university in London next year, namely LSE, the fees are £8500 per year which is covered by loans.

    According to my student finance calculator I am eligible for 0 grants and 7.5k per year in maintenance loans.

    I calculated the lowest (e.g Accom 150 per week, food 20 per day, )and include part time job (10 hours for 20 weeks)etc and I still need 6k per year.

    My parents won't support me because I am suppose to do part time job and work my ass off during uni to support myself, and they are still dissing me about I should've worked hard to earn money during yr12-13 instead of doing sport etc.

    So I am really gutted not sure what to do now. :s
    People on JSA live on less then that! £10 a day would cover you everything food wise.
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    £20 per DAY for food is ridiculous. I live on £20 per WEEK. What on earth are you planning to eat?!

    You look like you have more than enough money tbh. Your accommodation will be around the £6k mark. So you'll have £1,500 left over from your Maintenance Loan, plus your PT job which would bring in around £1300 for the year, and that is if you're on minimum wage. So, just under £3k is more than enough to live on - to eat and what not.
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    (Original post by SpicyStrawberry)
    £20 in food per day? Where are you planning on doing your food shopping? Even for London that's expensive for a student.

    You say you need £6k a year and you get £7.5k in loans to cover your living costs, I don't see what the issue is unless I've misread it?
    Thx for ur reply.

    Well when said £20 on food it's not exactly that, it's £20 per day include everything. Alcohol, food, membership or whatever together. And I mean after I used my 7.5k I am still 6k short.
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    (Original post by Knalchemist)
    £20 per DAY for food is ridiculous. I live on £20 per WEEK. What on earth are you planning to eat?!

    You look like you have more than enough money tbh. Your accommodation will be around the £6k mark. So you'll have £1,500 left over from your Maintenance Loan, plus your PT job which would bring in around £1300 for the year, and that is if you're on minimum wage. So, just under £3k is more than enough to live on - to eat and what not.
    As I replied to others, it's not exactly £20 purely on food but everything that I need for that day. Maybe drinks/food/membership/others trivials. Sry for not making it clear. I won;t have it as I still need 6k after I used all of my maintenance on accom + others.
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    (Original post by domg1994)
    try £20 a week on food instead of per day omg
    OMG... wut
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    Accommodation -
    There is accommodation cheaper than £150. Some are more like £115. So I'll use £150.

    £125 per week x 40 weeks = £5000

    Other -
    That leaves £2500. £2500 / 30 weeks term time leaves over £80 per week. That can be used half for food half for memberships, books etc. Then money from your part time job can be used for anything else, socialising etc.


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    Alchol and membership are not essentials...
 
 
 
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