Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    19
    Just got my maintenance loan approved. Woohoo!

    Anyway, I will receive a £7,910 maintenance loan (weirdly exact right?).

    I will (hopefully, hopefully, hopefully... fingers crossed) be going to either Pembroke College, Cambridge or St Johns College, Durham to study philosophy.

    Will I be able to live exclusively off my maintenance loan?
    • TSR Support Team
    • Very Important Poster
    Offline

    21
    ReputationRep:
    TSR Support Team
    Very Important Poster
    It depends on how much your rent is, what your course is, (an art course for example, would be more expensive than a computing course) whether you go home often and whether you're someone who goes on nights out often. Bit difficult to answer.
    • Thread Starter
    Offline

    19
    (Original post by Tiger Rag)
    It depends on how much your rent is, what your course is, (an art course for example, would be more expensive than a computing course) whether you go home often and whether you're someone who goes on nights out often. Bit difficult to answer.
    Thanks I'm doing philosophy and wouldn't be going out/home often. I guess I'm just looking for a loose estimate of whether my loan would cover the bare essentials i.e. Food, average accommodation in college, any books. Doesn't need to be exact and any help is much appreciated!
    • TSR Support Team
    • Very Important Poster
    Offline

    21
    ReputationRep:
    TSR Support Team
    Very Important Poster
    (Original post by Platopus)
    Thanks I'm doing philosophy and wouldn't be going out/home often. I guess I'm just looking for a loose estimate of whether my loan would cover the bare essentials i.e. Food, average accommodation in college, any books. Doesn't need to be exact and any help is much appreciated!
    Have you drawn up a budget?
    • Thread Starter
    Offline

    19
    (Original post by Tiger Rag)
    Have you drawn up a budget?
    Uuuuummmm.....


    I should probably do that.

    Sorry, you must think I'm stupid! Well, I sort of am :\
    Offline

    3
    ReputationRep:
    That's a huge maintenance loan, I received £6001 this year. (why bother with the extra £1, right?)

    I'm going to finish this year on almost exactly 0. I have about £200 left in my account to see my through my last month.

    My rent was £69 a week, 38 week contract. So even if your rent is higher, or your contract is longer, you should be fine with £7.9K, as long as you're not paying more than £100 a week on a 50 week contract.
    • Thread Starter
    Offline

    19
    (Original post by Just Josh)
    That's a huge maintenance loan, I received £6001 this year. (why bother with the extra £1, right?)

    I'm going to finish this year on almost exactly 0. I have about £200 left in my account to see my through my last month.

    My rent was £69 a week, 38 week contract. So even if your rent is higher, or your contract is longer, you should be fine with £7.9K, as long as you're not paying more than £100 a week on a 50 week contract.
    That's so helpful, thank you!!!
    • Thread Starter
    Offline

    19
    (Original post by Just Josh)
    That's a huge maintenance loan, I received £6001 this year. (why bother with the extra £1, right?)

    I'm going to finish this year on almost exactly 0. I have about £200 left in my account to see my through my last month.

    My rent was £69 a week, 38 week contract. So even if your rent is higher, or your contract is longer, you should be fine with £7.9K, as long as you're not paying more than £100 a week on a 50 week contract.
    Sorry to quote you again, but could I ask what uni you go to? I knowing that costs do vary from place to place. Thanks again
    Offline

    3
    ReputationRep:
    University of Surrey, although my accommodation is the cheapest on campus. I would say to go for the cheapest accommodation you're allowed. Unless you really need that en-suite or sink, don't buy a room with it. Just walk 5 seconds to the bathroom instead.
    • Thread Starter
    Offline

    19
    (Original post by Just Josh)
    University of Surrey, although my accommodation is the cheapest on campus. I would say to go for the cheapest accommodation you're allowed. Unless you really need that en-suite or sink, don't buy a room with it. Just walk 5 seconds to the bathroom instead.
    Thanks! I've applied for the cheapest accommodation at Cambridge but as Durham isn't my firm I haven't been able to do anything accommodation wise with them. At Pembroke, there are no en suites for any rooms!
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Has a teacher ever helped you cheat?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Write a reply...
    Reply
    Hide
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.