Student Loans 2012

wintersunshine

melancholly wrote: »

the info is out on the web about correct grammar and punctuation for free, but i appreciate the help.

Glad you've taken the time to look. :T:T:T

Now here's another tip "The caps lock button is on your key board on the left"

Can you see it?

Do you think that you are so clever that you don't need to use punctuation???? Just too lazy????

The_One_Who

^ You think you are so clever yet you are pointing out the Caps Lock button rather than the Shift key? We can all play pedantry. It's so sad when threads end up with personal insults about people's spelling and grammar getting thrown around.

Taiko

I find all the time that, when losing an argument, it's always those who actually oppose the fees that resort to personal attacks. It's almost as if they know they've lost, but don't want to admit it.

setmefree2

Willetts mulls quota-free recruitment of self-funding UK students

7 May 2011
By Simon Baker

Universities could be allowed to recruit unlimited numbers of UK undergraduates who are able pay their tuition fees upfront under plans being considered by the coalition government.

The idea, which Times Higher Education understands is likely to be explored in the upcoming White Paper on higher education reforms, would remove students who do not take out state-funded loans from an institution’s cap on numbers.
Currently, about 14 per cent of home students do not take out a fee loan. But if they are undergraduates taking a first degree, they still count towards the limit on numbers for universities, which is imposed to ensure that public spending is controlled.
However, with ministers keen for ways to allow universities to expand without additional costs to the Treasury, it is understood that the White Paper may be used to float the idea of removing self-funding students from the cap.
This group of students may include not only those with families rich enough to pay annual tuition fees of up to £9,000, but also those who receive sponsorship from companies, charities or community organisations.
But the proposal could still spark discomfort in the coalition government and beyond, given that it might lead to accusations that universities will have an incentive to recruit students based on their ability to pay.
As a result, the government seems likely to ask in the White Paper for the sector to come up with suggestions over how fairness could be safeguarded.
Ministers have repeatedly referred to their desire to let universities – and alternative providers – recruit more home undergraduates if that growth does not cost the taxpayer money.
The “off-quota” proposal was raised by David Willetts, the universities and science minister, in a speech to Universities UK’s spring conference earlier this year.
He asked how it could be achieved in a “needs-blind” and “socially progressive” way, although the precise detail of what he was referring to was not mentioned.
Vince Cable, the business secretary, also raised the issue in his address to the Higher Education Funding Council for England last month.

http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=416064&c=1

The readers' comments are worth a read.

abby1234519

melancholly wrote: »

blimey, ignore list is added to.
(but for moneysaving, the info is out on the web about correct grammar and punctuation for free, but i appreciate the help. but glad you feel big and clever. you still look like a fool!)
ETA to irony of being told off for lack of capital letters from someone whose username is all lower case isn't lost on me

wintersunshine wrote: »

Glad you've taken the time to look. :T:T:T

Now here's another tip "The caps lock button is on your key board on the left"

Can you see it?

Do you think that you are so clever that you don't need to use punctuation???? Just too lazy????

Now. I am unhappy to see people most likely older than me (a mere 22) acting like my 14 year old brother. So stop it. Or I will be over there with my wooden spoon.

gizzie121

AndyGuil wrote: »

It is possible that taking out a separate loan or paying upfront will incur an extra fee. It is done to prevent well off families paying off the fees to avoid interest repayments.

But very well off families will be able to just pay the fees off upfront and not bother with the loans at all.

So the poor still suffer!

Oldernotwiser

gizzie121 wrote: »

But very well off families will be able to just pay the fees off upfront and not bother with the loans at all.

So the poor still suffer!

What other people are able to do shouldn't affect the individual. Some people live in mansions - life isn't fair.

setmefree2

The press, radio, media partnership and social media campaign links students and parents to a new dedicated Direct.gov.uk microsite which describes how the tuition loan system will operate, how to get a student loan, help with living costs and what support is available from government.

http://7thspace.com/headlines/381705/uk_student_finance_campaign_launches.html

setmefree2

Government Link for Students 2012

http://yourfuture.direct.gov.uk/


Also

http://www.direct.gov.uk/en/EducationAndLearning/UniversityAndHigherEducation/StudentFinance/DG_194804

setmefree2

From

http://www.direct.gov.uk/en/EducationAndLearning/UniversityAndHigherEducation/StudentFinance/DG_194804

Loan interest rates

Interest is charged on your loan while you’re studying. Until you start repaying the loan, interest is charged at the rate of inflation plus three percent.
When you're due to start repaying your loan the amount of interest you're charged depends on how much you earn.
You will be charged the following rates of interest:

• if you earn less than £21,000 – interest at the rate of inflation
• if you earn between £21,000-£41,000 – interest at the rate of inflation plus up to three per cent
• if you earn over £41,000 – interest at the rate of inflation plus three per cent

I love the way they haven't mentioned that inflation is RPI. RPI is currently 5% plus 3% - that is 8%!!!!!

That's about £1000+ worth of interest on £9k tuition loan plus £5k maintenance loan just on the first year alone. £2240 interest in year 2 and £3360 in year 3. That's about £6,700 worth of interest by the time you graduate!!!! at current RPI.

I feel like crying....