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How can I pay for Uni when I have a mortgage to pay. Watch

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    Hi,

    Can anyone help.

    At the age of 28 I have decided I would like to go to uni next year. However, I have a mortgage so no sure what the best route is to take. It would only be a part time course as I would still need to work to pay our mortgage.

    The Business course I was interested in was 4 years part time (Long I know). The fees are £600 per 20 credits. and there are 60 credits per year. That totals over £7000 for the course.

    Who can afford to pay this whilst running a home and a mortgage.

    As Im not familiar with the Uni experience can anyone offer some advice?

    Many Thank

    The Standard fee (per 20 credits) is £600. Most of our courses carry the standard fee of £600 per 20 credits. A few courses carry a non standard fee please check the list below to see if your course carries a non standard fee. A typical part-time course consists of three 20 credit modules totalling 60 credits per year. However some courses follow a different pattern and we advise you to contact your Faculty for clarification of credits studied in each year
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    £7000 for a 4 year course? wow thats cheap considering im paying over 27k for my 3 year course..just speak to the uni about it and also student finance and they might help you..if worst comes to worst, downsize your home?
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    Does the university allow you to spread payments out over the course of a year? If so that wouldn't be too bad - about £150 a month.

    Alternatively will your mortgage provider allow you to put your mortgage on interest only for 6-12 months so that you have less mortgage to pay each month?

    If you can't do either of those then I would suggest deferring the course until next year and save up as much as you can before starting.
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    TSR Support Team
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    Part time students are entitled to apply for a tuition fee loan, as long as the course doesn't take any longer than 25% longer than a full time course. IE - 30 credits per year.
 
 
 
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