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Student accommodation guarantor insurance for joint and several liability
Does anyone have experience (good or bad) of taking out insurance to cover joint and several liability as guarantor for their child's student accommodation?
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Son going to California to continue degree
Hi, just after some advice/tips please. My son has been accepted to continue his International Business studies degree at California State Uni at Long Beach. Does anyone know if there are any grants/financial help for this? He's applying for his normal maintenance loan but I think he's still going to be short as it's so…
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student loan shake up 24 Feb 2022
Here is a link to the MSE news article on the student loan shake up announced today: https://www.moneysavingexpert.com/news/2022/02/student-finance-loans-changes-education/ TLDR: loan repayments continue for an extra 10 years, thresholds frozen, estimated that 52% of students will fully repay loans.
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Maintainace loan - final installament
My student son has 3 weeks left of his undergraduate degree when he returns after Easter hols. His last student loan will be paid on the first day he returns. Will that be less then he's previously received? I believe it will be as this is what I've read before because it doesn't have to last him through the summer. He…
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Maintenance grant after starting university
If my household income is too high to be eligible for a maintenance grant when my son starts uni, but the following year it drops to a level where we are eligible, can he then get one or is it too late?
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Is there anyway to get a maintenance grant for an online part time degree for a mature student?
I recently became unemployed after a full time administration assistant contract ended. I have been working in admin for 7 years and mostly disliked it. I have been offered a new job but it is only 25 hours a week. I am glad to be spending less time doing admin, but I am not glad of the 10,000k a year wage decrease. I…
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Repayment Threshold 2023/24
With RPI for March in at 9%, the repayment threshold for plan 1 loans will rise to £22,015 from 6 April 2023 (20,195 x 1.09 rounded up). The repayment threshold for plan 2 loans is frozen at £27,295 until 6 April 2025. The postgraduate loan (plan 3) threshold is subject to annual review but in the absence of any…
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Twins going to university
Is there any consideration taken on parent contribution when you have twins going to uni
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Student Maintenance Loan - divorced parents change in circumstances
Hi, My daughter started university in 2019/2020 and received a full maintenance loan. When she originally applied she was living with her mother only. She has started to apply for 2021/22 student finances. Her mother has moved into a new house with her new partner in January 2021, thus increasing the total household…
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Student Maintenance loan changes
My son has a student maintenance loan which needs to renew. He lives away from home in a shared student rented house. His mother and I split 4 years ago and his home is with his mother. His loan was based on the household income of his mother. I am told that the rules have changed and it is based on the income of both…
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Legal way to get Student Card without being a student
Hi guys! Is there any way in 2022 to LEGALLY get a Student Card without being a student? (I read that some online courses can give acces to Student Card). Many thanks!
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Student finance 2022
Hi can you advise if any considerations are being made for students and student finance in the current economic climate? With rising costs in fuel, home energy, food etc affecting parents who might otherwise support their children is there an allowance to be made in the calculation of student finance when parents are going…
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Student household bills
My daughter is moving into a student house this year, she has mentioned packaged bill companies, does anyone have any experience of this?
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Joint mortgage with student - funding mortgage payments from letting income?
I have an inheritance which I would like to put down as a deposit for a buy to let mortgage. My daughter is a student and has some savings which she could invest in the property too. However, she would like to live in the property and let out the other room/rooms to students to fund the mortgage repayments. Is it possible?…
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Pay off Student Loan or Pension Contribution
Hi Everyone, I was looking for some advice. I'm 32 and in a position to pay off my student loan (Plan 2) of £7800 with a gift or use the gift to make a pension contribution. Based on my current job/salary (25k) and career plan, I may not pay off the full student loan in the 28 years before it expires. Which is the best…
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Help: Checking my calculations before paying Student Loan
Hi Money Saving Forumers, Appreciate that the decision to repay student loans isn't an exact science with the possibility of interest rates rising/falling, salary adjustments, a new government body possibility wiping student loans permanently (although extremely unlikely!) etc - but I would really appreciate thoughts on my…
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Should she take the maximum maintenance grant?
I am recently separated and on a low income. My daughter lives with me and is applying for uni. Her dad will top up any funding. My querie is, she could get more grant by declaring my income ( as we be been advised to do ) but this will mean she ends up in more debt than her sister who is already at uni and claiming the…
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Tax allowed gift to student child
Any advice on giving your student child the maximum “ gift” of money to help at university rather than having to pay tax on it? Thanks
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Higher Education Reform
The Government has today announced plans to introduce a higher education loan scheme to help people study, train or retrain at any point during their lives via flexible courses. The loan, dubbed the 'lifelong loan entitlement', will be worth the equivalent of four years of post-18 education. Here's all you need to know.…
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Cost of University course
This is almost certainly in the wrong forum but I couldn't work out where it should go, so apologies. My son is off to Uni this year, to do a Finance & Accountancy degree, and I am trying to research how much this three year course is going to cost in total. With tuition fees of 10k pa and accommodation at a similar level,…
