Desperately Need Help!!

edited 30 November -1 at 1:00AM in Student Money Saving
23 replies 1.7K views
2

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  • pinkshoespinkshoes Forumite
    18.3K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    How did she originally plan to pay for the summer rent? Why commit to such a steep rent charge when she had no job?

    Firstly, she should sell anything of value she has to pay the rent.

    Secondly, she should speak to the bank and explain the situation.

    Thirdly, she needs a job ASAP. Factory work? Night shift? She should apply to everything she can, and take whatever she can get.
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • OldernotwiserOldernotwiser
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    laney85 wrote: »
    Why doesnt she call student services at the uni and ask about applying to get hardship payment from the hardship fund, it may be calle something else now but the studen sevices will know what she means.

    I suppose there's no harm in asking but £1,000's a lot of money and rent for the summer, when I presume they could go home, isn't likely to be a high priority. If money's as tight next year as it seems now, how's she going to pay it back?
  • laney85laney85 Forumite
    861 Posts
    I suppose there's no harm in asking but £1,000's a lot of money and rent for the summer, when I presume they could go home, isn't likely to be a high priority. If money's as tight next year as it seems now, how's she going to pay it back?
    its a fund a grant not a loan and you dont pay it back, its for people in financial difficulty
  • yep, my uni calls it financial contingency fund and for ours, you're meant to provide all bank account statements and get it signed by a tutor. it may be different at your uni. I'm pretty sure it needs to be linked to the course though; she may have to give a solid reason for having to stay over the summer. It's worth looking into though; I'm sure I read somewhere on this website unis quite often have a lot of money left in their fcf pot as not a lot of people know about it.

    what happens if she doesn't pay it? will the landlord find someone else immediately or can she just come visit you if she stays somewhere else? is she in halls at the mo? when does that run out?

    i worked for a bank in my gap yr and i dont think they'll even try paying a cheque that big if she's overdrawn and has been before. you should see if the landlord will accept installments as that'll be better in the long run.

    good luck, keep us updated :)
    I am a poor student wife now but don't think I can edit username? i study dance and love it though of course, it'll be a career that doesn't earn a lot of money!!

    lost 5lbs so far - up to 11lb more to lose i think, will stop if it looks skeletal though dont think that could ever happen!
  • oh sorry, thought you said 1st yr, not second thats why i asked when halls run out. when is she supposed to move out of her current house?
    I am a poor student wife now but don't think I can edit username? i study dance and love it though of course, it'll be a career that doesn't earn a lot of money!!

    lost 5lbs so far - up to 11lb more to lose i think, will stop if it looks skeletal though dont think that could ever happen!
  • Crikey I was a student and rented for the entirity of my course and never paid a WHOLE summers rent in advance (is this what the money is for?). All the flats I have lived in have asked for a deposit up front and then rent in every month.

    I really sympathise with your situation but I think you GF has been a little naive. If she totally wants to stay in the flat and not go home for summer then she needs a job ASAP.
    I would however agree with others and talk to the letting company. they might be happy to maybe take half the payment then the rest of the balance later on.

    A job, any job is a real priority. Please don't just sit tight and hope the bank just pays it. In the current climate the banks are are not exactly in a generous mood so expect hefty charges and possible defaults if you leave things be.

    Any chance of getting a cheaper flat??


    Good luck and let us know how you get on!!
    Spreading the gospel that is Martin Lewis to the future generation....I'm a Home Economics Teacher and being thrifty is the way!:A
  • OldernotwiserOldernotwiser
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    laney85 wrote: »
    its a fund a grant not a loan and you dont pay it back, its for people in financial difficulty

    Some universities do have loan funds but I can see that this wasn't what was meant. I still don't think that trying to get £1,000 to avoid going home for the summer is likely to be something that's looked on too favourably, compared to the demands there are on these sort of funds.
  • laney85laney85 Forumite
    861 Posts
    Some universities do have loan funds but I can see that this wasn't what was meant. I still don't think that trying to get £1,000 to avoid going home for the summer is likely to be something that's looked on too favourably, compared to the demands there are on these sort of funds.
    many uni,s actually have money from this fund left over as not many students know about it
  • mark_dumpletonmark_dumpleton Forumite
    540 Posts
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    Some universities do have loan funds but I can see that this wasn't what was meant. I still don't think that trying to get £1,000 to avoid going home for the summer is likely to be something that's looked on too favourably, compared to the demands there are on these sort of funds.

    Just a small thing here - the person isn't avoiding going home at all - by the sounds of it they are in exactly the same position in regards to rent as I am - in private accomodation, and have to pay rent 3 months at a time...it doesn't matter if you aren't living in it, you still have to pay the rent!
  • melanchollymelancholly Forumite
    7.5K Posts
    there are quite a few ways of getting a bit of money at short notice, but i don't know of anything to get £1000 at such short notice. even the hardship/access to learning fund won't pay out in a matter of days!

    so:
    1. get ebaying anything of value
    2. get immediate money from cds/dvds from http://www.musicmagpie.co.uk/?source=webgains&siteid=11628
    3. go to your psychology department and see if anyone is offering cash to do experiments
    4. go around every bar in town to see if they need staff
    5. take smaller value things to a boot sale
    6. ask family for loan
    7. sign up to every agency in town
    8. speak to the bank
    9. speak to landlord about installments

    can't think of anything else off the top of my head - but you and your GF need to do something. it's already been left far too late and ignoring it is only going make things worse.
    :happyhear
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