Hey people lets get this Uni thang going...

whitfreak

Considering he's getting a job. Computers paid for. Loan/Grant is earmarked for rent etc. Then £200 a month will be plenty.

I will add to the words of warning about doing everything for him though. We've all seen threads on there with new graduates being shocked that students loans have an interest rate (inflationish, but 2% of £14k more than they guessed...), and that student overdrafts actually need to be paid back. And in many cases its because their parents just did all the paperwork for them.

While you'll want the best for him, remember its his degree and his future. So that means allowing him to get the wrong phone contract... even after you've pointed out the best option...

Dantheman1212

Guys , What I meen is when his accomodation is paid for is that when he gets his first loan and grant payment he will give me a cheque and i will put it in my account and pay off the first of 3 payments for his flat and then second payment and then 3rd so its all paid and he has no debts to worry about just living expenses its as simple as that no hidden agendas , no money taking away from him and we can give him an alowance to just live on. What i cant believe is the people on here who keep thinking so negative ? I am not mollycoddling him , he is a sharp young man who has got his head screwed on and we are working it out together as a family to just try and make it easier and less worry when he starts at uni its as simple and straightforward as that. I cant believe how many of you are all this "Doing everything for him" rubbish. If you actually read Amanda65s response thats exactly whats its all about so people thanks for all the replys but some of you need to take a reality check along with a chill pill.I was brought up in Glaesga in the 50s and 60s and lived in hard times and my parents did what they could out of love and caring for there kids...so guys take it easy its not a make the kids work down the mines attitude we want here its just helpful advice what i asked for,so no more from me,but thanks again for taking the time to help me out.

PS. Great reply Amanda and my lad is off to Mason Accomodation at Birmingham University Edgbaston. Hope it works out well for your Daughter and she enjoys herself.

PSS. The Son that I do everything for has just gone up the pub for a swallie and a game of pool , hes just come back from Barcelona on a stag weekend , and is off nightclubbin on Saturday for a mates birthday all on his own with his own money... God dont you just hate them kids that are wrapped in cottonwool , i need to get some parenting advice I just do to much for him.

The_One_Who

Really, all we are saying is that things like mobile phones and the like can (and should) be researched and bought by him. No one is saying that you can't work things out together and give advice if he asks for it.

angelofmel

i'm a little confused as to what exactly you're doing with his rent, dan. is he paying you the 3 payments as soon as his loan comes in which you're then paying to the landlord or is he paying you before each payment is due? because surely it would just be easier if he payed the rent direct from his loan and had leftovers to budget with, especially if he is in fact paying you the entire lot on the first loan payment as he'll have nothing but your extra allowence to budget on. but then i may have miss understood you

anyway, i hope these kids realise how nice their parents are being to them!

Lokolo

Dantheman1212 wrote: »

Guys , What I meen is when his accomodation is paid for is that when he gets his first loan and grant payment he will give me a cheque and i will put it in my account and pay off the first of 3 payments for his flat and then second payment and then 3rd so its all paid and he has no debts to worry about just living expenses i...... 50s and 60s and lived in hard times and my parents did what they could out of love and caring for there kids...so guys take it easy its not a make the kids work down the mines attitude we want here its just helpful advice what i asked for,so no more from me,but thanks again for taking the time to help me out.

I'm sorry but you are. You are taking his loan to pay his accomondation. Why can he not do this himself? Why do you need to be the middleman?

I understand that you want to support him and everything but doing everything for him isn't going to help. What's wrong with doing as The One Who says, and giving him advice when he needs it but let him do as he pleases. Best way to learn.

Dantheman1212

Angel , Its his first year so he`s in halls and when he gets his first payment from student loan co in october he will give it to me so i can pay the accomodation in november so he`s not getting into debt and he doesnt squander it thinking he has loads of shrapnell. He absolutely agrees with this as it saves him messing about and knows where he stands again simple and easy to set up so it works out well. Its goes to his bank account he transfers it to me and i pay the first payment to slc in november by Direct Debit by term dates nov / jan / may and everyones happy he doesnt spend it and uni are happy and im still married and happy...well let me think about that...

And with the phone i cant believe this...look he has a phone !! tesco are doing a great deal for £6 a month he gets unlimited texts wihich all these youngsters are mad for it so its a cracking deal, i have never bought him a phone ive just bought him a £6 sim card which is on the market and a great deal.

Thanks Guys

Dano

Lokolo

BTW just to say, you keep saying "he's going to take the loan and give it to me to pay accomondation so he doesn't get in debt", doesn't make any sense.

He has the student debt whether he gives it to you or not, so not sure why he wouldn't be in debt by paying it to you.

Dantheman1212

Guys , Forgot to say he is getting £6400 for the year for grant and loan , and his accomodation is £5400 for a 40 week term so he wants me take the extra £1000 and keep for him so he doesnt squander it and he can use it for a holiday next summer. He said its the best way to budget and use the money we are giving him weekly, and from a part time job along with his own personal money in one student account and he will have everything to do with accomodation sorted out and he only needs washing up gear / food and beer... sounds like he`s got it sorted , and to be fair i think thats a good way to start his uni life.

Dano.

angelofmel

Dantheman1212 wrote: »

Angel , Its his first year so he`s in halls and when he gets his first payment from student loan co in october he will give it to me so i can pay the accomodation in november so he`s not getting into debt and he doesnt squander it thinking he has loads of shrapnell. He absolutely agrees with this as it saves him messing about and knows where he stands again simple and easy to set up so it works out well. Its goes to his bank account he transfers it to me and i pay the first payment to slc in november by Direct Debit by term dates nov / jan / may and everyones happy he doesnt spend it and uni are happy and im still married and happy...well let me think about that...

OK that makes a bit more sense, and yeah i can see your point as i was worried the same in my first year that i'd accidentally spent some of the rent money! i only asked cus i was concerned he'd have to pay you the entire academic years worth of rent from his first payment which then would, of course, leave him with almost nothing. but as i said, your plan seems like a fair idea.

i wouldnt give him too much of an allowence, especially if he is recieving the loan and grant (i believe you said so in the origonal post?) as that is a perfectly adequate amount to live on once the rent is paid if budgeted well. (or so i found as i only had to dip into the savings my mother kindly gave me to pay for my car, sigh). so perhaps maybe put what you would give him roughly as an allowence in an internet savings account for him to use in emergencies/when running low so that you're not allowing him to rely on you too much but can still be happy that hes not left starving? just a thought anyway.

Dantheman1212

Loko , you need to get a life mate. Of course he will be in debt we are on about if he does it this way he doesnt have to worry as he is getting a job / his own money / allowance and he is well sorted with just personal money to think about, he is well clued up he knows he will have to pay loan back and tuition fee back after 3 years but he wants to enjoy the three years and never have the need to use his overdraft on his student account or run up any extra debts along the way. He is going to be in debt Loko you are right so can you now please release me let me go...

Dano.