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So how much did you get?

I am just wondering what people's situation is. I have roughly £12.50 per week after my accommodation has been paid. Has there possibly been error? To say its unworkable is being generous..
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Comments

  • silvercar
    silvercar Posts: 50,522 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Does your accommodation include food? Have you chosen somewhere expensive? Did you budget properly?

    What income have you considered? Your loan, parental contribution, burseries?
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • farso
    farso Posts: 204 Forumite
    How is that even possible? Are you stopping in a 5 bed home all by yourself???
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Some accomodation is expensive. Mine was £2223 last year. Woah well gd. My friends in Soton was more than his loan....
  • mummytofour
    mummytofour Posts: 2,636 Forumite
    My award has a few zeros:D

    Still just about pays the mortgage which monthly payments also has many zeros.
    Debt free and plan on staying that way!!!!
  • My friends who had the basic loan (ie they didn't get anything extra income assessed) have about £8 a week left over after accommodation.

    I have £35 and other money from an academic bursary.
  • My loan is nearly £200 a month less than the cost of my accomodation, never mind travel, food, uni books, gas and electricity, having any sort of social life...

    I don't live in a fancy flat either, flatsharing as well. :confused:
  • dd1989
    dd1989 Posts: 10 Forumite
    Accommodation = £4442 (includes bills but not food)

    Loan = about a grand less than accommodation

    Parental support = not alot.

    = Overdraft usage to the max!!
  • Wiggynut
    Wiggynut Posts: 1,039 Forumite
    500 Posts
    I feel relatively rich - my private rented flat share is cheap for London (crap area and crap flat though - currently bed bug infested! and might have to move soon) but at the moment it's £90 per week inclusive of bills (very rare) and I pay for broadband myself (through mobile deal so very low)

    comes to 4680 for the year (I'm a mature student so I live here permanently)

    I'm also in London so I do get the max loan and grant which comes to £8,000.
    obviously all needs paying back but I wouldn't have been able to study full time without this amount - far too scary!
    I will be working too - I've recently discovered two relatives online in the last year otherwise no family... no useful xmas prezzies for me, lol :p

    I'll also get a £310 bursary from my Uni - don't know when but they sent a letter saying so - handy for books (still don't have a book list or timetable! *sigh* apprently get that next week)

    thankfully not so bad really - wish I didn't need dental work though as I would prefer to spend my money on more exciting things than fillings! :rolleyes:

    still scary, not having a monthly wage as such... but I plan to keep the loan etc in the student account and use my normal account to have a monthly amount deposited to live off (plus my wages)
    Light bulb moment April 07: [strike]£3,655 [/strike] Oct 07: [strike]£2,220[/strike] now 0 - 3 years of Uni debt to be added at a later date :o:D
    now at Uni as a Mature student -update: now has a First Class BA!
  • Flower08
    Flower08 Posts: 4,771 Forumite
    jtwn wrote: »
    I am just wondering what people's situation is. I have roughly £12.50 per week after my accommodation has been paid. Has there possibly been error? To say its unworkable is being generous..


    Have you thought about getting a job? I worked out recently that my loan works out at roughly £66 per week, i pay £70 a week for accomadation - fairly cheap where i am. The result = like many other students i have to get a job to support myself.

    The trouble is the student loan company assume that if your parents are on a high income then they can afford to support you (they dont bother considering their other outgoings) and therefore like me - only get the basic loan.

    But working is good - something extra to put on your CV, get to meet even more new people, and if its a job you enjoy it can be good fun!
    Biggest Loser Weight Loss: 13 / 20 lb
  • savemoney
    savemoney Posts: 18,125 Forumite
    Part of the Furniture 10,000 Posts
    Thanks stupid sexycharlotte1980 is also dantheman27 both spam there same web site blog full of referrals

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