Need another £800 for fees BUT HOW?!! :(

tt0121

I need about £800 for rent, I'm a full-time student, I don't have a job, have no other form of income, and have maxed my £2,000 planned overdraft. I graduate later this year.

Basically since I started university 3 years ago I was only able to get the minimum maintenance loan amount (because it's based on my parents' income - but they wouldn't get their financial documents for me to send in so I was stuck). Since then I've been paid between around £1,000 - £1,500 less than my rent alone, not factoring in food, books, and other bills. I had saved about £2,000 from before I started and have now maxed out my £2,000 planned overdraft after only being able to pay 50% of my current term's rent. They will kick me out if I don't pay the remainder within the next week but I don't know what to do. I doubt I can get that much as an unplanned overdraft (or could I?) and there's no other way I can think of to obtain the extra money. Asking my parents is useless because they won't want to hear it. All I have now is less than £10 of my overdraft and about £60 cash. I really don't know what to do right now! :S

If anyone has any ideas for me I'd really appreciate that! =D

Thank you

HOWMUCH

You need to get a job to raise some cash

SuperHan

speak to your uni, a lot of unis offer hardship loans for times like this!

Gromitt

Sounds like you needed a job a long time ago pay your tuition bills.

If your OD is maxed and you bank refuses to offer more there is always pay-day loans, but of course they depend on the fact that you actually get paid.

So make finding a job a priority.

I remember that during my summer holidays I was making plastic window frames for a double glazing company - not brilliant money but kept the debt down nicely. During term time I was bar staff.

tom717

Definitely speak to your university. When is your next loan installment due?

Don't consider an unplanned overdraft, the charges will mount up and you will find yourself in a lot of trouble really quickly.

Jezminda

Some unis will lend you a certain amount of money, and look into the access to learning fund which you don't have to pay back. to be totally honest though I doubt they'll give you £800, they usually look at bank statements etc and see if you've 'wasted' your money.

Voyager2002

The whole problem results from the parents! I can understand that they might not want to hand over documents about their income, but the information can be provided on-line to SLC so that the student does not see anything confidential. So really there is no excuse for their behaviour.

mightymixty

Have you spoken to your uni yet? If not I can only think student credit card, do you have one? it could work out cheaper than an unplanned overdraft, maybe ask your bank?

Lokolo

How much is your rent?

Unplanned overdraft is not a good idea as the charges will be extorniate.

Do you have a job or a job lined up for when you graduate?

WelshBluebird

What reasoning are your parents giving?
It seems very selfish for them to seemingly not give a damn.

Oh, and a couple of people in here have said "get a job". Sorry, but that is much easier said than done. Hell, with the economy as it is, quite a lot of graduates are struggling to find jobs. Let alone people who are still students.

Derivative

"Get a job" is, IMO, a daft answer to give to this question anyway.

If your parents send off the forms, depending on their income, you could be £4000 a year richer in grants that will not have to be repaid. Plus any bursaries that the university give. Plus higher loans, which at least improve cash flow.

Yes, getting a job will help, but to make up that shortfall you'd have to work full time every week you're not at Uni (say, 20 weeks). Or work during term time, which depending on the degree may reduce your final result.