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Benefits whilst studying after redundancy?

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Comments

  • kroeger
    kroeger Posts: 47 Forumite
    There are jobs requiring Higher Education qualifications as entry criteria in my area. Moving house is a no goer as I am in an IVA. I should be able to sort out a full and final settlement with my redundancy payment and reduce my mortgage balance a little as well.
  • I think why don’t you choose an online education to learn the things and side by side do the job in this way you can get your education from your place itself and can work also. This can solve your problem I guess. There are many courses available now a days like language courses, management courses, accounting training courses, Mass communication courses. Search for yours and the best institute so that you will have no problems in completion of your studies and financial issues.
  • Caz3121
    Caz3121 Posts: 15,913 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I work in IT and have an HND in computing that I completed at 30. I would look carefully at what you want to achieve.
    Many roles are now off-shored to low cost countries
    In a number of roles whilst they may ask for formal qualifications but experience is regarded more highly
    I have been involved in recruitment and at interview attitude and experience has scored much higher than formal qualification.

    I studied full time but also worked full time (I did shift work) so managed to complete with no debt and the only benefits received was child benefit. When complete I took a massive pay cut to go into a trainee role, hard work had me in a management role within 5 years but in the last 13 years with the company I have seen more and more jobs going from the UK and almost an annual redundancy program.
    If you have been involved in Project Management maybe look at something like Prince2 which is often a requirement for PM roles
  • HND IT wouldn't get anyone in the door IMO.

    CCNA, Prince, ITIL and other work/skill based certificates do.
  • Post no 49 is correct for the definition of the Student Finance support you will receive.

    Also, CTC for the 10 year old, plus Housing and Council Tax Benefit on the sliding scale based on your wife's income.

    If she didn't work, you would get close to the maximum for HB and CTB for your circumstances.

    That is what we get at our house, one child 6 years old, both my partner and I are HE students, and 2 years ago when I was the only student the above was true, and still is now.

    Going back to education is great - I am 45 now, and just completing my degree, it has changed me so much, at times study has been almost impossible, but you get through and the sense of learning and achievement is amazing.

    Getting a job afterwards? Not easy, but not impossible, I volunteer in various place, time permitting, and it won't get me a job, BUT it get's me contacts, people learn about me, and I get experience and training for free. Seems like a good deal to me.

    Also, I think those people that have a go because you consider using the benefits system whilst you study ought to get a life. Education is good, really good on so many levels, and if you use the system that was designed to support people, to your own end whilst you find a way forward, then great. That is what it is there for. Having to supply bank statements, proof of student finance, fighting your way through a paperwork system, waiting on benefit money being paid in to the bank when you only have pennies left and no food left in the house, growing a few veggies to supplement the shopping, worrying about when payment will start, it just goes on. Anyone coming from working to claiming their money will know just how much of a culture shock it is, and having the bottle and drive to deal with that through higher education, and coming out of the other side, finding good employment again deserves a bit fat medal :)
  • sammyjammy
    sammyjammy Posts: 8,139 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    kroeger wrote: »
    I have been in a management role for the past 7 years and this experience will stand me in good stead, however formal qualifications would help to back this up. I live in the South of England.

    If you've been in management for 7yrs why do you think you'll now only get casual work?
    "You've been reading SOS when it's just your clock reading 5:05 "
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