Hopefully, touch wood, going to University in September, where I'll be living at home.
I'm trying to decide whether or not it'll be worth my while getting a student loan?
I'm fortunate enough for my parents to pay for all my transport bills (season train ticket, car insurance etc) whilst I'm living at home. I'll just have to pay for fuel and road tax which is about £40 a year.
If I get into my firm University, I will be doing a year abroad in year 2 which will be costly. With this in mind, is it worth getting as much as I can in year 1 and save it for year 2? My parents said they'll help me towards my year abroad since it's all part of my education.
So, my question is, how much of my maintenance loan should I get? All that I'm entitled to? Or just a bit, like £1k?
Anyone else been in a similar position?
Living at home - should I bother with a maintenance loan? Watch
- Thread Starter
- 16-04-2013 22:04
- 16-04-2013 22:08
In my opinion, get the full loan. The Students Loans are cheap as they come, and unless you get a superb job with a huge salary (which is great), the chances are, you will never pay off all the tuition loans and student loans. Even if you think you will not use it all, put whatever you will not use into a ISA, and get the money working for you.