maintenance loan doesn't cover accommodation! Watch

daytrippper
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I am extremely worried because my maintenance loan doesn't cover my accommodation! I'm not sure where I can get extra money from since my parents cannot financially support me. My weekly rent is £146, so in the first term I pay an installment of £1996. Once I pay this installment with my student finance and the money I have saved over summer, I have £200 left to last me for the next 4 months!!!! Help?????
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999tigger
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(Original post by daytrippper)
I am extremely worried because my maintenance loan doesn't cover my accommodation! I'm not sure where I can get extra money from since my parents cannot financially support me. My weekly rent is £146, so in the first term I pay an installment of £1996. Once I pay this installment with my student finance and the money I have saved over summer, I have £200 left to last me for the next 4 months!!!! Help?????
Your parents are meant to make up the difference between what sfe pay you and the max loan.
You should have worked out your rough costs months ago when choosing unis.
https://www.gov.uk/student-finance-calculator

If you do not have enough money, then you get a job or alternatively take a gap and go the next year when you have saved enough.
You can use your od but tbh that is not the way to use uni.
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nadeemharis410
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(Original post by daytrippper)
I am extremely worried because my maintenance loan doesn't cover my accommodation! I'm not sure where I can get extra money from since my parents cannot financially support me. My weekly rent is £146, so in the first term I pay an installment of £1996. Once I pay this installment with my student finance and the money I have saved over summer, I have £200 left to last me for the next 4 months!!!! Help?????
Your maintenance loan is determined by your household income so your parents are probably expected to send you money if you got a lower loan. If they 100% can't support you, then I would suggest sending Student Finance a message and ask them what your options are. Another option is finding a part time job in the first term but make sure it doesn't impact your academia too much. You might also want to look into cheaper private accommodation to save money.
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Scotney
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(Original post by daytrippper)
I am extremely worried because my maintenance loan doesn't cover my accommodation! I'm not sure where I can get extra money from since my parents cannot financially support me. My weekly rent is £146, so in the first term I pay an installment of £1996. Once I pay this installment with my student finance and the money I have saved over summer, I have £200 left to last me for the next 4 months!!!! Help?????
Is there a reason why your parents cannot make up the difference?
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aza23
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I'm a student currently looking for housemates. I'm living in a 6 bedroom house by myself in Crookes (10 mins walk from uni) and the rent is approx £60-£70 a week. Let me know if you're interested
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