Student Loan/Grant

dick_turpin

As the proud owner of two daughters at uni who are both at the top C£9k tuition fee courses, I wonder what grant as opposed to loan they would get if I wasn't working?

TurnUpForTheBooks_2

Judged from the limited response on the maximum grant plus bursary for poor students thread, the largest amounts reported so far are those which I have seen i.e.

• £3,354 maximum grant via SFE PLUS
• £3,000 additional cash grant from the university itself via a scholarship or bursary depending on the university and the course but at least part funded by HMG in the first yearPLUS
• £3,000 Tuition Fee Waiver making the course cost £6,000 pa not £9,000.

but in respect of the last two items, some universities may only offer half those numbers or even less ...

Dunroamin

!!!!!!_turpin wrote: »

As the proud owner of two daughters at uni who are both at the top C£9k tuition fee courses, I wonder what grant as opposed to loan they would get if I wasn't working?

Assuming that they're living away from home, outside London and household income is below £25K, they'd be eligible for a maintenance grant of £3,354 and a maintenance loan of £3,823.

As your daughters are already at university, some of the additional financial help may not apply.

TurnUpForTheBooks_2

Dunroamin wrote: »

... they'd be eligible for a maintenance grant of £3,354 and a maintenance loan of £3,823.

Question was about "grant as opposed to loan, Dunroamin". In this economic climate, and with zero income, most people need a loan at RPI + 3% (currently 6.3% i.e. at least double most peoples mortgage interest rate and over six times my brother's mortgage interest rate) like a hole in the head


It would however be interesting if you could tell us more about which starters might not be eligible for the same sort of (slightly) more generous help I have reported for 2013 starters. Would not 2012 starters be treated exactly the same as 2013 starters??

Dunroamin

TurnUpForTheBooks wrote: »

Question was about "grant as opposed to loan, Dunroamin". In this economic climate, and with zero income, most people need a loan at RPI + 3% (currently 6.3% i.e. at least double most peoples mortgage interest rate and over six times my brother's mortgage interest rate) like a hole in the head


It would however be interesting if you could tell us more about which starters might not be eligible for the same sort of (slightly) more generous help I have reported for 2013 starters. Would not 2012 starters be treated exactly the same as 2013 starters??

It never hurts to give extra information!

Some kinds of funding might need to be applied for at the start of the course and not retrospectively, which is why I said that they might not be applicable.

We also don't know that they're 2012 starters; the National Scholarship programme, for example, was only introduced in 2012.

http://www.thecompleteuniversityguide.co.uk/university-tuition-fees/other-financial-support/

dick_turpin

one 2012 starter, one 2013 starter.

TerryMI5

If you live in Wales, you can it down to around £3500 anyways

dick_turpin

I don't live in wales :j

Loppy42

Your daughter's may be eligible for some scholarships too. These are not only given on the basis of financial need but there are scholarships available for a wide range of other purposes and it is worth searching to see if they are eligible for any.