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    (Original post by TheUnbeliever)
    Oh dear. It's beginning to look like I could be in substantial financial trouble at university... I wish I could have got a job this summer, but nobody wanted me.
    How are you with loans and all that?
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    (Original post by TheUnbeliever)
    Oh dear. It's beginning to look like I could be in substantial financial trouble at university... I wish I could have got a job this summer, but nobody wanted me.
    give us the breakdown of the finances. i'm intrigued to know if its possible not to be financially crippled at an english uni.
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    (Original post by TheUnbeliever)
    Oh dear. It's beginning to look like I could be in substantial financial trouble at university... I wish I could have got a job this summer, but nobody wanted me.
    Is your parent's willing to help you out if need be? Or perhaps a small job at uni?
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    (Original post by Dado Prso)
    give us the breakdown of the finances. i'm intrigued to know if its possible not to be financially crippled at an english uni.
    This.:woo:
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    (Original post by Meteorshower)
    How are you with loans and all that?
    Minimum loan for maintenance (don't have to repay) £945 annually. Loan for tuition fees covers them totally, and I have to repay that once I'm earning over £15,000 (with lots of other caveats). I'm not sure how the tuition fees repayments loan works out with funding for postgraduate courses and so on, but I don't have to worry about that for another year and a bit.

    I've also got about £400 of savings, but that's it.

    (Original post by rosie9391)
    Is your parent's willing to help you out if need be? Or perhaps a small job at uni?
    This is with my parents helping me out. :o: You're not, strictly, allowed to work at Cambridge during term time although I definitely would if I had to. And it's a bit difficult to get only vacation work when nobody's hiring, although I'll keep trying.

    (Original post by Dado Prso)
    give us the breakdown of the finances. i'm intrigued to know if its possible not to be financially crippled at an english uni.
    In round numbers, we're talking about £3000 for accommodation (£1000 per term up front), £250 (up front now) for a deposit that's refunded after the 3 years, plus eating costs which I'm estimating at around £1500-£2000. Utilities are £115 for the first two terms, then metered in the third term (which, given energy prices, could be substantial). Then I have to add costs for toiletries, transport (which could be another couple hundred pounds) and leisure. So we're looking at around £5500 p.a. as a minimum (i.e. without any of those things in the previous sentence). Knocking £900 off that doesn't make it much easier, especially when it's not all averaged out - it's a lot of very big sums at regular intervals.

    However, none (or little) of this is peculiar to an English university, as such. The only reason it wasn't going to be a problem at Edinburgh was because I was just going to stay at home (and, as a side effect, working a job was easier).
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    I think you're overestimating eating costs here...
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    (Original post by Meteorshower)
    I think you're overestimating eating costs here...
    That works out at £5.50 - £7.50 per day. That's about £2 per meal, which doesn't seem unreasonable given that I'm also assuming I have no snacks whatsoever.
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    Urg all that hassle.

    I'd rather go to UWS :p:
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    (Original post by TheUnbeliever)
    That works out at £5.50 - £7.50 per day. That's about £2 per meal, which doesn't seem unreasonable given that I'm also assuming I have no snacks whatsoever.
    I guess you're not self catering, you can do it cheaper than that if you are.
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    (Original post by Meteorshower)
    I guess you're not self catering, you can do it cheaper than that if you are.
    Self catering isn't a massively practical option for various reasons (in theory, I intend to judge this when I arrive - otherwise it's quite possible to just do a big shop at Costco at the start of each term which, you're right, could drop the price a bit).
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    (Original post by TheUnbeliever)
    That works out at £5.50 - £7.50 per day. That's about £2 per meal, which doesn't seem unreasonable given that I'm also assuming I have no snacks whatsoever.
    From what Emmanuel has sent me, they are estimating my yearly expense is around £7000pa all-inclusive, not including tuition fees. Out of that rent + utilities + internet (nothing is actually metered I think) is £2445. There is a kitchen charge of £455.60pa. The rest would be food and other expenses, with each meal averaging £3.

    I also have to pay £1217 extra now as deposit, returnable upon graduation.
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    (Original post by Meteorshower)
    I guess you're not self catering, you can do it cheaper than that if you are.
    Not possible considering how basic our gyp rooms are. :rolleyes:
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    (Original post by ukdragon37)
    From what Emmanuel has sent me, they are estimating my yearly expense is around £7000pa all-inclusive
    That seems about right. With frugal living, I'm looking at around £6000 all-in.

    I also have to pay £1217 extra now as deposit, returnable upon graduation.
    Jesus! That puts £250 into perspective. That's a hell of a lot of money to demand up front - could easily be someone's entire salary for a month.
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    (Original post by TheUnbeliever)
    That works out at £5.50 - £7.50 per day. That's about £2 per meal, which doesn't seem unreasonable given that I'm also assuming I have no snacks whatsoever.
    Is there any funds or scholarships which you could apply for?
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    (Original post by TheUnbeliever)
    Jesus! That puts £250 into perspective. That's a hell of a lot of money to demand up front - could easily be someone's entire salary for a month.
    Yea it's terrible The College said something along the lines of helping with their cash flow because everybody will be starting on credit when buying food etc.

    On the income side besides the tuition fee prepaid by SAAS I qualify for just £915 maintenance *loan* every year and a Cambridge Bursary of £50pa :mad: Even if I get my instrumental award (which I won't, because i'm considering to withdraw) that'll only be £75pa. My only hope seem to be IET scholarship of £6000pa max which I hope to get at least some of. I'm not expecting my parents to contribute much...
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    (Original post by rosie9391)
    Is there any funds or scholarships which you could apply for?
    Not so much. There was one I heard about through ukdragon but missed the deadline for (although obviously it was far from guaranteed that I'd get through). Otherwise it's basically hardship funds - and these are a last resort (no overdraft left, etc).
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    (Original post by TheUnbeliever)
    Not so much. There was one I heard about through ukdragon but missed the deadline for (although obviously it was far from guaranteed that I'd get through). Otherwise it's basically hardship funds - and these are a last resort (no overdraft left, etc).
    But the IET says like two-thirds or three-quarters of all applicants get at least something.
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    (Original post by ukdragon37)
    I qualify for just £915 maintenance *loan* every year
    I'm fairly certain that you don't have to repay that, though?

    (Original post by ukdragon37)
    But the IET says like two-thirds or three-quarters of all applicants get at least something.
    I'd much rather you hadn't said that. :o: (I'm fairly content that I would have gotten anything means-tested, though.)
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    Random question...what would you do if you failed your highers miserably, and didn't get into uni?
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    (Original post by TheUnbeliever)
    I'm fairly certain that you don't have to repay that, though?
    Oh no, it specifically says "loan" and letters from the SLC came with it. All of my means-tested grants were certified as big fat zeros by SAAS

    (Original post by TheUnbeliever)
    I'd much rather you hadn't said that. :o: (I'm fairly content that I would have gotten anything means-tested, though.)
    Well, you can always apply next year! Once they've awarded you it you get payments for the rest of your course and you can apply at any year.
 
 
 
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