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    Okay, I just checked my student finance and it says im getting 5100 maintenance grant and a 2700 maintenance loan. My accommodation will cost £4902. My parents incom is about 11 thousand pounds. I dont know whats wrong, if theres an error on their part or what, but with my parents income, i should NOT be getting this little. Any thoughts or advice on why this has happened? I'm going to phone them in the morning to see as well.
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    Put the figures in here and see what you get https://www.gov.uk/student-finance-calculatorStudent finance does not provide more money because your accommodation cost is high. As your parents are on a low income you may get some hep from your university, check what grants are available.

    Many students need to work in the summer if they wish to have much social life and some need to work to eat,
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    (Original post by InfiniteWisdom)
    Okay, I just checked my student finance and it says im getting 5100 maintenance grant and a 2700 maintenance loan. My accommodation will cost £4902. My parents incom is about 11 thousand pounds. I dont know whats wrong, if theres an error on their part or what, but with my parents income, i should NOT be getting this little. Any thoughts or advice on why this has happened? I'm going to phone them in the morning to see as well.
    Unfortunately, that's at the top end of student finance loans/grants and is pretty generous by their standards. SF don't take accommodation or other costs into account when making the calculation. You'll have nearly 2900 left after accommodation. If your bills and food cost anywhere near that, then you need to have a serious look at your lifestyle. It's actually quite a lot to live on. I'm afraid one of they key skills of student life is learning to budget.

    This is the calculator link - the one in the above post doesn't work for some reason.
    https://www.gov.uk/student-finance-calculator
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    It sounds about right to me. They deduct some of the maintenance loan if you get the full grant.
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    As an example of the type of costs you might encounter, I'm single and live alone in a 2 bedroom flat. I buy supermarket own brands and no-frills food/products where available. I take other economy measures like leaving the heating off as long as possible each winter and taking showers instead of baths.

    My food, toiletries & grocery bill comes to about £1000 a year and that includes a couple of meals cooked for large groups of friends.

    My utilities (gas, electricity, water, sewage, landline, internet) over the last year came in at just over £1000. However if you're going into uni halls, these (excluding landline) will already be included in your accommodation cost.

    On top of that, you'll have things like travel, mobile phone, laundry and socialising. So you should find that this year, £2900 will go quite a long way. Probably less so when you get into private rented from your second year, but it's still manageable. Many students find that they need a part-time job to top up their finances, so you could always consider that option if you still think you'll have trouble.
 
 
 

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