My loan doesn't cover my rent! Watch

photoboy123
Badges: 3
Rep:
?
#1
Report Thread starter 1 year ago
#1
I've recently gotten accepted into Ulster University, but I've discovered my maintenance loan and grant doesn't cover my rent staying close to the uni due to mobility issues. My rent with all utilities is £99 a week with student roost.

I can't work due to an ongoing chronic illness since I was 11 so I'm wondering if there is any suggestions on what I can do to help me with my rent for my apartment. That's Ka for any suggestions.
0
reply
random_matt
Badges: 20
Rep:
?
#2
Report 1 year ago
#2
Was your grant means tested? Because that rent is peanuts, I pay more than than and have around £1000 spare each term.
4
reply
photoboy123
Badges: 3
Rep:
?
#3
Report Thread starter 1 year ago
#3
(Original post by random_matt)
Was your grant means tested? Because that rent is peanuts, I pay more than than and have around £1000 spare each term.
I think so it was based on my dad's income.
0
reply
Conconz
Badges: 16
Rep:
?
#4
Report 1 year ago
#4
If you're classed as disabled I think you can benefits to help pay.
0
reply
CTLeafez
Badges: 21
Rep:
?
#5
Report 1 year ago
#5
I believe the standard length student accommodation contract is roughly 47 weeks long.

£99 per week x 47 = £4653.

For your student finance to not cover your rent, your household income is above £55,000!
Name:  2018-09-02.png
Views: 191
Size:  29.4 KB
If so, then you could potentially ask your parents?
If you haven't applied for the 'means-tested' maintenance loan, DO IT
0
reply
marupe
Badges: 16
Rep:
?
#6
Report 1 year ago
#6
Agree with the above, that rent is cheap and you're unlikely to find anything for less. Is the reason that you're short because you're forking out for other needs relating to your disability e.g. laptop, or wheelchair etc? if so you can apply for DSA which will cover some of your costs, leaving you more for rent
0
reply
photoboy123
Badges: 3
Rep:
?
#7
Report Thread starter 1 year ago
#7
So to add on from this my fees for university are £4160 a year making my grant and loan combined is £4910.

My rent being £4653 that gives me a whopping £257 to live off for the year effectively. I am going to get in contact with Student Finance about my grant and see if I can get a special needs one instead. As £257 to live off of for 44 weeks which is £5.84 per week.
0
reply
annanas45
Badges: 10
Rep:
?
#8
Report 1 year ago
#8
Because your maintenance loan is based on your parents income the implication is that they will give you a certain amount of money. This system is terrible and does not take into account the number of children a family has, whether they rent or own their house and other necessary payments / its literally so stupid
2
reply
photoboy123
Badges: 3
Rep:
?
#9
Report Thread starter 1 year ago
#9
(Original post by marupe)
Agree with the above, that rent is cheap and you're unlikely to find anything for less. Is the reason that you're short because you're forking out for other needs relating to your disability e.g. laptop, or wheelchair etc? if so you can apply for DSA which will cover some of your costs, leaving you more for rent
I have applied for DSA as well as my loan, see above for my loan amount etc.
0
reply
Doones
Badges: 21
Rep:
?
#10
Report 1 year ago
#10
(Original post by photoboy123)
So to add on from this my fees for university are £4160 a year making my grant and loan combined is £4910.

My rent being £4653 that gives me a whopping £257 to live off for the year effectively. I am going to get in contact with Student Finance about my grant and see if I can get a special needs one instead. As £257 to live off of for 44 weeks which is £5.84 per week.
Are you from N Ireland?

The Tuition Fee Loan and Maintenance Loan are separate loans. The Grant is on top.

https://www.studentfinanceni.co.uk/t...eland-student/

Your tuition fee doesn't come out of your maintenance loan or grant.

Posted from TSR Mobile
1
reply
Princepieman
Badges: 21
Rep:
?
#11
Report 1 year ago
#11
(Original post by photoboy123)
So to add on from this my fees for university are £4160 a year making my grant and loan combined is £4910.

My rent being £4653 that gives me a whopping £257 to live off for the year effectively. I am going to get in contact with Student Finance about my grant and see if I can get a special needs one instead. As £257 to live off of for 44 weeks which is £5.84 per week.
I'm very confused.. Are you welsh and studying in Wales? Why do you get a maintenance grant?

This seems very off.

Posted from TSR Mobile
0
reply
photoboy123
Badges: 3
Rep:
?
#12
Report Thread starter 1 year ago
#12
(Original post by Princepieman)
I'm very confused.. Are you welsh and studying in Wales? Why do you get a maintenance grant?

This seems very off.

Posted from TSR Mobile
Northern Irish. It says in my original post that I will be studying in Ulster University.
0
reply
Princepieman
Badges: 21
Rep:
?
#13
Report 1 year ago
#13
(Original post by photoboy123)
Northern Irish. It says in my original post that I will be studying in Ulster University.
I see.

Yeah, think there's a bit of confusion here. You get a tuition loan. On top of that you get a maintenance loan and if you're eligible a maintenance grant. Your fees don't come out of the maintenance stuff.
0
reply
photoboy123
Badges: 3
Rep:
?
#14
Report Thread starter 1 year ago
#14
(Original post by Princepieman)
I see.

Yeah, think there's a bit of confusion here. You get a tuition loan. On top of that you get a maintenance loan and if you're eligible a maintenance grant. Your fees don't come out of the maintenance stuff.
Yeah I know about this, I was just wondering if there is any other ways of funding as my maintenance loan just about covers my rent but leaves me with £5.84 a week to live off of.
0
reply
BlueEyedGirl_
Badges: 13
Rep:
?
#15
Report 1 year ago
#15
Maintenance loans work off of your parents income and so if their income is high, your maintenance loan will be lower because they are supposed to supplement the rest - is there any way your parents can give you money to help? It seems so flawed, I know very few people who’s rent is covered by their loan and have to rely on parents to cover the rest or get a job and save.
0
reply
Doones
Badges: 21
Rep:
?
#16
Report 1 year ago
#16
(Original post by photoboy123)
Yeah I know about this, I was just wondering if there is any other ways of funding as my maintenance loan just about covers my rent but leaves me with £5.84 a week to live off of.
How much is your maintenance loan?
How much is your grant?
How many weeks is your rent contract for?
What is your household income?

Posted from TSR Mobile
0
reply
photoboy123
Badges: 3
Rep:
?
#17
Report Thread starter 1 year ago
#17
(Original post by Doonesbury)
How much is your maintenance loan?
How much is your grant?
How many weeks is your rent contract for?
What is your household income?

Posted from TSR Mobile
My maintenance loan and grant combined is
£4910. My grant total for the year is £1414

My rent contract is 44 weeks long at £99 per week.

My dad's income was high last year because he was doing 24 hour shifts. I think it was around £26k. His average income per year working in the health service starts at 19,600.
0
reply
Doones
Badges: 21
Rep:
?
#18
Report 1 year ago
#18
(Original post by photoboy123)
My maintenance loan and grant combined is
£4910. My grant total for the year is £1414

My rent contract is 44 weeks long at £99 per week.

My dad's income was high last year because he was doing 24 hour shifts. I think it was around £26k. His average income per year working in the health service starts at 19,600.
£26k isn't high, but unfortunately SFNI doesn't seem to provide a simple entitlement calculator like SFE England

The max maintenance loan is £4840 and grant is £3475 (no grant if income is more than £41,450).

It sounds like your calculation is wrong... have you double-checked it?

Posted from TSR Mobile
0
reply
photoboy123
Badges: 3
Rep:
?
#19
Report Thread starter 1 year ago
#19
(Original post by Doonesbury)
£26k isn't high, but unfortunately SFNI doesn't seem to provide a simple entitlement calculator like SFE England

The max maintenance loan is £4840 and grant is £3475 (no grant if income is more than £41,450).

It sounds like your calculation is wrong... have you double-checked it?

Posted from TSR Mobile
I have, I've went over all my documents to try and work it out and that's where my issue comes from, I can't afford to support myself in university and travelling up and down is pretty much not an option due to health
0
reply
Pathway
Badges: 20
Rep:
?
#20
Report 1 year ago
#20
Do you receive PIP?
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

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.

Personalise

University open days

  • University of Surrey
    Postgraduate Open Afternoon Postgraduate
    Wed, 23 Oct '19
  • University of Bristol
    Undergraduate Open Afternoon Undergraduate
    Wed, 23 Oct '19
  • University of Exeter
    Undergraduate Open Day - Penryn Campus Undergraduate
    Wed, 23 Oct '19

Would you turn to a teacher if you were being bullied?

Yes (46)
26.9%
No (125)
73.1%

Watched Threads

View All