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funding for medicine as a second degree?

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Comments

  • How on earth is yours £50K+? I've had the max available every year so far as my parents don't earn much! To be honest I don't think first centile (nevermind first quartile lol) will pay off much as this years MTAS is supposed to place the majority of points non-academic things.

    Doesn't mean much at all anymore, but i'm proud regardless. :D

    Quartiles may not exist by the time I qualify, I work hard for me.

    Good luck with the MTAS lottery!
    Student MoneySaving Club member 021
  • How on earth is yours £50K+? I've had the max available every year so far as my parents don't earn much! To be honest I don't think first centile (nevermind first quartile lol) will pay off much as this years MTAS is supposed to place the majority of points non-academic things.

    We have to pay/borrow £13k tuition fees these days for starters.
    Then the loan is about £6k per year in London (higher than other courses as it is adjusted for extra weeks).

    So that's £37k for the first 4 years, plus whatever loan you get in year 5. Interest starts to accure in yr1 from the day payments are made. If rates stay how they have been in the last couple of years (near 4%) then i'll easily be looking at £50k+ at the end :eek: :eek: :eek:

    Not sure if i'll be able to afford an extra year to do a BSc :rotfl:

    I'm a baby 2nd year and have my mind on things other than applications. Do applications reveal your centile ranking or just quartile?
    They say you can't put a value on life... but I live it at half price!
  • GlasweJen
    GlasweJen Posts: 7,451 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'm scottish, the maximum student loan available to me is about £2500 with the rest topped up as a bursary and no fees. Having just finished 4 years I've got a student loan of £6500 including interest (just got my statement in). My fees for the second degree will only be about £1250 per year which will probably go up each but not by much (relatively speaking), I will not be given a student loan for these fees and the outstanding balance of the fees will be paid by the government and I will not be expected to contribute to them after graduation. Even if the loan raises to £3,000 per year I'll still have less than £30,000 owing when I leave after 10 years of college/uni.
  • GlasweJen wrote: »
    I'm scottish, the maximum student loan available to me is about £2500 with the rest topped up as a bursary and no fees. Having just finished 4 years I've got a student loan of £6500 including interest (just got my statement in). My fees for the second degree will only be about £1250 per year which will probably go up each but not by much (relatively speaking), I will not be given a student loan for these fees and the outstanding balance of the fees will be paid by the government and I will not be expected to contribute to them after graduation. Even if the loan raises to £3,000 per year I'll still have less than £30,000 owing when I leave after 10 years of college/uni.

    Hi GlasweJen - sorry we got off on the wrong foot.

    V jealous of your funding situation! Do people who move to scotland for uni get the same deal or is it only folk who lived there before?

    BrokeStudent - at the moment MTAS takes into account quartiles, not centiles, so anything in the top 25% gets you an extra few points! It's quite nice to get centile ranks though too because it lets you see how well / or not you're doing by the standard of other people on the course. Didn't realise you were in one of the younger years - the high fees sound like a nightmare! At least you can take out a loan for them rather than pay them straight away!

    Lx
  • GlasweJen
    GlasweJen Posts: 7,451 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I want to say that you need to be living in scotland 3 years prior to commencing the course. If you're going straight from high school you need to prove you went to school in scotland, scottish qualification certificate is enough proof of this.
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