Anonymous #1
#1
Report Thread starter 1 month ago
#1
I’m considering dropping out of University for various reasons and I’ve made some bad decisions.
I already did one foundation year and I’m going on to do my first year in January. I think I received the maximum uni maintenance loan and with the left over money I got I used for the next academic year in advance for my accommodation which starts in September even though I start in January.
The reason I did this is because I had problems with paying my rent because I switched courses and SFE throughout I withdrew from my course and I had to reapply again while in middle of me needing to pay my rent so I was worried it would happen again.
I have not much SFE left and I have to pay one instalment which is due in April 2022. I probably only have 4K to my name and I’m not willing to spend that on the leftover rent.
So should I stay for the course in January and then withdrawl?
I also don’t know what to do after I’ve obviously considered looking for jobs and I live at home.
I’ve calculated my student debt and it’s £18k, would I need to pay this back immediately after withdrawing or is it the same sneario if finished my course and it was deducted from my pay?
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angelofessence
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Are you really sure you wish to drop out? Because based on what you have written here, this does mean you would have next to no chance in getting any sort of funding for a degree in the future if you changed your mind, unless you were able to provide evidence to student finance which would essentially write off one of your years (there is a procedure for this but it is lengthy and rarely if ever gets approved). If you are having trouble with finances, have you considered part-time agency work? I worked throughout all my time at uni to keep myself afloat despite having full student finance funding because of how expensive uni was.

It is entirely doable! Also, speak to your uni if you are having money issues, I'm certain they have emergency funding for such cases. Please think this over properly and talk to everyone for some reflection and advice, it is vital you don't make this into a snap decision. Dropping out of uni is not to be taken lightly, some will say you don't need a degree for a good job which is only true to an extent if you're very talented in something which requires a specialised skill or you have a new invention or business idea etc. Take it easy and try to look over your options before pulling the plug entirely.
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Anonymous #1
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Report Thread starter 1 month ago
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(Original post by angelofessence)
Are you really sure you wish to drop out? Because based on what you have written here, this does mean you would have next to no chance in getting any sort of funding for a degree in the future if you changed your mind, unless you were able to provide evidence to student finance which would essentially write off one of your years (there is a procedure for this but it is lengthy and rarely if ever gets approved). If you are having trouble with finances, have you considered part-time agency work? I worked throughout all my time at uni to keep myself afloat despite having full student finance funding because of how expensive uni was.

It is entirely doable! Also, speak to your uni if you are having money issues, I'm certain they have emergency funding for such cases. Please think this over properly and talk to everyone for some reflection and advice, it is vital you don't make this into a snap decision. Dropping out of uni is not to be taken lightly, some will say you don't need a degree for a good job which is only true to an extent if you're very talented in something which requires a specialised skill or you have a new invention or business idea etc. Take it easy and try to look over your options before pulling the plug entirely.
Thanks for your response, Im considering not dropping out or maybe taking a gap year to hopefully find a job. What is part time agency and how do i get invovled with that in my university? I study business and im unsure if it is worth the fees + i dont want to take no vaccine and may needed to attend lectures, unless i study online instead.
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University of Portsmouth Student Rep
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(Original post by Anonymous)
I’m considering dropping out of University for various reasons and I’ve made some bad decisions.
I already did one foundation year and I’m going on to do my first year in January. I think I received the maximum uni maintenance loan and with the left over money I got I used for the next academic year in advance for my accommodation which starts in September even though I start in January.
The reason I did this is because I had problems with paying my rent because I switched courses and SFE throughout I withdrew from my course and I had to reapply again while in middle of me needing to pay my rent so I was worried it would happen again.
I have not much SFE left and I have to pay one instalment which is due in April 2022. I probably only have 4K to my name and I’m not willing to spend that on the leftover rent.
So should I stay for the course in January and then withdrawl?
I also don’t know what to do after I’ve obviously considered looking for jobs and I live at home.
I’ve calculated my student debt and it’s £18k, would I need to pay this back immediately after withdrawing or is it the same sneario if finished my course and it was deducted from my pay?
Hello

Financing uni can be a worrying thing, but i wouldn't let this stop you completing your course if this is what you really want to do? There is always help with financing, have you spoken to your student finance centre within your uni (separate from SFE)?

I was really not enjoying university when i first went, i was on the wrong course for me and i was very close to dropping out too. But at the end of my first year i decided to switch course and now i can say im having a completely different uni experience and i would have regretted dropping out.

In terms of paying your loan back - this website will answer this question for you https://www.gov.uk/repaying-your-stu...start-repaying

I hope this has helped and i wish you the best of luck with whatever you decide to do next

Andrew
UoP Student Rep
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