Calling 1st Year Med Students in Edinburgh

cotsvale

LegalEagle wrote: »

My friend is currently a 4th year medic at Edinburgh, and I do know that she chose not to work during her degree at all. However, she has the benefit of being Scottish and having tutition fees paid for her which makes quite the difference.

Have you looked into student accounts specifically for medical students? I am fairly sure that there are banks that cater to this.

I have not heard of any accounts of this type - if anyone knows please tell me. Thanks.

DrFluffy

There are no med student only accounts that I've heard of... Up until about 2 years ago, we used to get very cheap interest on professional studies loans (from all of the high street banks) - at 1% above the base rate. That's all changed now though...

LegalEagle

Maybe that's what I was thinking of. However, I'm about to start in September as a post-grad law student and I know that the Royal Bank of Scotland has an account specifically for us. Still might be worth a look around for.

DrFluffy

You said it yourself - post-grad. Medicine is not post-grad.

LegalEagle

I know that. I was talking about bank accounts catering for specific courses. (This one was specific to law students, perhaps there was one for medicine.)


RBS Student Royalties Account -

Special loans for healthcare and postgraduate law students of up to £15,000 with no repayments during your study period and up to 7 years to pay us back after that.

DrFluffy

Again - loans not bank accounts! Seriously, there are no specialist bank accounts for undergraduates...

Petree

If you talk to either Natwest or RBS they can do deals for medical students, a friend of mine doing undergraduate medicine in Year 3 has upto £25,000 overdraft available to them (with charges naturally)
In year 1 your unlikely to get this much support but £1500 is common, basically once you get past year 2 they assume your going to stay with RBS until your a big earning doctor. Talk to the private finance advisor at the bank and you would be surprised how generous they can be.

DrFluffy

Petree wrote: »

If you talk to either Natwest or RBS they can do deals for medical students, a friend of mine doing undergraduate medicine in Year 3 has upto £25,000 overdraft available to them (with charges naturally)
In year 1 your unlikely to get this much support but £1500 is common, basically once you get past year 2 they assume your going to stay with RBS until your a big earning doctor. Talk to the private finance advisor at the bank and you would be surprised how generous they can be.

£25k overdraft? Natwest certainly do not offer this... Are you confusing loans?

All High Street banks treat medical students as graduates after year 3, which means access to Professional Studies loans etc... (unless you are already a graduate, then you get all the 'perks' from day 1)...

The_doomed

Im a studet in edinburgh.

rent £300 per month. -anything less than 275 will be a dump. simple as that. some leases make you move out in summer due to fesitval... yet still charge. https://www.citylets.co.uk is good for when she needs to rent.
Bills £40 (exclusing mobile)
Student u25(?) bus pass £29 (direct debit, annual). Monthly pass no DD is £31.

rest is what you can and want to spend. First year will be many of the 'cheaper' nights out, £30 or so per night.

Loads of work going in edinburgh for students. anything from £5ph to £10ph if your decent (sales based)