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How much should parents contribute financially?

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Comments

  • chardonnay_2
    chardonnay_2 Posts: 2,201 Forumite
    1,000 Posts Combo Breaker
    for the poster with her kids living at home who want 500 quid... tell them to get notted. you give them lodging. do you pay all the utilities, do you do their washing, ironing, cleaning bathroom & living areas, make their food and do their dishes etc?

    i couldn't believe when i met college kids who expected their mums and dads to pay for them to go away to uni. i know some of you feel guilty about the fees but don't support them to a point where you are in poverty, like someone posted they will have no savings for pension. if they want to go to uni so badly get them into a part time job as soon as possible and get them to save for uni. they could also attend a uni nearer home to save costs if possible.

    those paying travel expenses ... in scotland we get to claim back travel expenses, is this not the case in england?
    :love: married to the man of my dreams! 9-08-09:love:
  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    chardonnay wrote: »
    those paying travel expenses ... in scotland we get to claim back travel expenses, is this not the case in england?

    Not any more, but the maintenance funding is more generous here.
  • mintymoneysaver
    mintymoneysaver Posts: 3,527 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
    edited 19 June 2011 at 9:42AM
    my daughter will (hopefully) be going to uni next year. She will be getting a tuition fee loan, but we have ( fortunately) been in a share scheme at other half's work since she was born where money was taken out before he even got to see it. This was always supposed to be her 'university fund' but won't cover the huge hike in tuition fees next year so our plan is to pay her rent with it instead and then give her a 'fair' amount of spending money. We won't get any grants or bursaries ( just over the cut off point) but hopefully she will be able to transfer her current part time job in McDonalds to wherever she goes. I would love her to leave uni with 'only' her tuition fee loan, but I also want her to realise that she will have to budget etc. I'm probably thinking about £40 a week, does that sound realistic?
  • silvercar
    silvercar Posts: 49,948 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    £40 a week for food, utilities, travel, books, personal stuff, clothes and socialising? Depends how much she is also earning. Doubt its enough on its own.
    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.
  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    £40 pw is more than generous if you're also paying her rent, particularly as she'll be working and could take out the maintenance loan if she needs it.
  • silvercar
    silvercar Posts: 49,948 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    £40 pw is more than generous if you're also paying her rent, particularly as she'll be working and could take out the maintenance loan if she needs it.

    I was saying that £40 a week won't cover all essentials excluding rent, not that it wasn't a generous contribution in itself.
    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.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    silvercar wrote: »
    I was saying that £40 a week won't cover all essentials excluding rent, not that it wasn't a generous contribution in itself.

    Yes it does. Well it does for me.
  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    silvercar wrote: »
    I was saying that £40 a week won't cover all essentials excluding rent, not that it wasn't a generous contribution in itself.

    It's only £10 less than someone of the same age would get from JSA and they aren't able to earn more on top.
  • silvercar
    silvercar Posts: 49,948 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    It's only £10 less than someone of the same age would get from JSA and they aren't able to earn more on top.

    Someone on JSA wouldn't need to fund travel costs to uni or course materials.
    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.
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