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Money Panic :(

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Hey All!
Everyone was really helpful before so I am hoping people can help again.

My parents have had a really good year work wise (Dad's had plenty of overtime, Mum got new full time job) which is excellent, but not for me.

It means in 08/09 they earnt approx 58,000 and this year (Not confirmed) they managed a whopping 62,000.

Now you'd think we'd have plenty of spare cash yes? No, they have paid off alot of debts (still have some) which has left very little spare.

I'm current 2nd year going into 3rd, and am resolved to the fact that my support in yr3 due to their good fortune, will be cut. (In 07/08 the figures were much lower, only earnt around £48k as mum was on part time)

Am now worried about my postgraduate options. I'm planning on a PGCE but now dont know what support will be avaliable and the amount.

Help...

Comments

  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    What subject and age group on your PGCE? Some are subject to a bursery. Have a look at the TDA website for more info.

    Also, you'll still be entitled to the maintenance loan and the loan for your fees.
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • I am planning Primary school aged children. Not sure whether this will be lower or upper primary yet. Definatly pre High school
  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The bursery currently stands at £4k.

    http://www.tda.gov.uk/Recruit/thetrainingprocess/fundinginengland/postgrad_funding.aspx

    Whether that will change for 2011 or not remains to be seen- they changed them all last year.
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • Good luck with your application Dingbat :D This info was helpful to me also
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