As the title says, i am thinking of going back to uni.
A brief background on me.
34, own a shared ownership property on my own. So i pay rent and a mortgage. Together this is £467, aside from the rest of the bills. Altogether my cost to live is roughly £1294.72 a month.
I don't splurge on anything, and no i don't buy costa or avocado on toast. I don't have any credits cards, loans etc. I have a car on finance which isn't a huge amount. The rest is either insurance or things needed to live by, (fuel, food, gas, elec, water, money into savings)
I am looking for a complete career change and study Korean linguistics. This is a 4 year full time course with 1 year spent in Korea.
I have looked at the cost of the student accommodation and this is £160 a week. This accommodation is only for the first year, second year students and onwards have to find their own place.
I have been trying to find out in terms of student finance as to if i would get any finance towards living costs. If anyone has any experience of this or any better knowledge than i do?
I am essentially trying to figure out, do i sell my house to go back to uni or can i keep the house and live in it while i study, potentially until the third year when you go to Korea.
I will be honest, i don't have much in savings but by the time i look at actually going, 1-2 years time or so. I will have much more in savings and be financially better than i am now. Right now i am just hunting for advice and answers.
The one year in Korea has to mainly be funded by myself which is fine. (flights, visa etc)