I am a mean parent

yenool

niceday999 wrote: »

Oh goodness ! I am starting to panic ! is £4,600 - £5,000 enough for my one to live on for year 1 ? no uni halls to pay for and fees for course are paid for( good ol bank of mum and dad ) ....but he's not great at managing money.I pay for his phone also. he has some savings in his own bank account but i wouldnt like him to just squander this in the first year. he could get a job while he's at uni, but they prevent it as his course is so intense !!!!! help!!!!!!

If he has no rent or bills to pay then 5k is fine. Even over 52 weeks that is £90+ per week.

What course is he doing?

niceday999

apple_pies wrote: »

If you've paid his tuition fees and his rent then £4000-£5000 is absolutely plenty. I am surviving on £2000 for the year, after rent, plus £150 a month for food (£3300 overall). My parents don't pay for my phone, either. I have estimated that I will be able to put £1000 in savings by the end of the year if I control my expenditure.

It sounds a lot but i'm not sure what he'll need to pay for books etc and food.......probably more than i have to myself a week !!!!!!!

LauraFox

Cant say I always treated my mother well, but now I have become a mum myself, I treat her like a queen. So all children can change and one should never lose hope on them, otherwise they lose hope on themselves.
Of course you dont have to support her financially, but at least support her otherwise, with encouragement and praise for the good things she does.
As for the money you 'save', sounds like they could be well-spent on psychoanalysis...

antonia1

aliasojo wrote: »

No child is born into this world with a God given right to attend Uni.

Any child who works hard enough at school and is capable of completing a proper degree should have the right to attend uni. Not given by God of course, but decided by our society that having capable people qualified in suitable degrees is good for the country as a whole.

Government funding useless degrees at rubbish universities on the other hand...

niceday999

antonia1 wrote: »

Any child who works hard enough at school and is capable of completing a proper degree should have the right to attend uni. Not given by God of course, but decided by our society that having capable people qualified in suitable degrees is good for the country as a whole.

Government funding useless degrees at rubbish universities on the other hand...

well said !!!!!!!! if they help themselves why not give them a helping hand !!!!!! they could be doing a whole lot worse !!!!!! ansd a lot of kids do !!!!!!:eek::eek::eek:

essex1990

Student finance will not give her any means tested benefits as she has not lived outside the parental home for 3 years - i lived outside of my parental home for 2 years and they still would not accept me as an independent student and insisted on going through my parents finances.

If the SLC discover you are earning the amount you are earning then she will only get around £5k for the entire year. If she lives in university halls this will cost her over half of her loan.

So you will be putting her in a very poor financial position the government will not lend her extra money or grant her extra money because her parents do not wish to give her any money to live on - they will say tough S!!!.

ajs88

aliasojo wrote: »

No child is born into this world with a God given right to attend Uni.

No, but they should be

aliasojo

ajs88 wrote: »

No, but they should be

Lots of things in this life 'should be'. It's an irrational argument.

DollyDabbler

jjblondie wrote: »

I'm a student with high earning parents and thus my loan barely covers accommodation. It does seem unfair that some students (like the OP's daughter) are massively disadvantaged by the loan system because their parents who have enough money to make up the shortfall in loan money refuse to do so.
There should be some sort of correction in the system: either parents are somehow forced to make up the shortfall, or the basic loan is increased to a level where you can live and eat without parental assistance.

I would agree with that, 18 is when we class people as adults and give them the right to vote, but not the means to support themselves properly at uni.

If people are able and willing to support children at uni, that's great. For those whose relationships have broken down and unfortunately that happens all the time, regardless of how much you love someone,(look at the divorce rate), then a larger maintenance loan payable like the rest of the student debt should be available.

V_Chic_Chick

As far as I can tell, giving (loaning?) her some money is the most effective way to get her out of your hair and to the other end of the country. And lets face it, it's going to be a small fraction of what you're currently paying in school fees.

As other posters have said, given that your income is so high she will receive no grant, no bursary and a reduced loan. The expectation (and necessity) is that the parent will make up the deficit. For most people, the loan alone won't even cover rent.

If she is forced to work for more than 16hrs per week (and frankly I think that that is probably too much anyway) then her grades will suffer, and she will be less able to fend for herself.

Whatever the circumstances, frankly I'd see paying a relatively small amount that you can evidently afford as a very worthwhile investment into getting her out of your hair and giving you both some cooling off time, and her time to mature.