Advance payment Masters fees

leighsarah

Daughter lucky enough to be sponsored by G'parents to do masters degree, however going around in circles with Hallam trying to pay full amount, parents want to put financial affairs in order, can't put in my account due to job uncertainty and Hallam don't seem to want the money!! Any advise please?

tomtontom

Put it in daughter's account?

agrinnall

Cash under the mattress (not a recommendation, by the way)?

leighsarah

lol thanks for suggestions, unwise in daughter's account as she is only doing 0 contract casual to fund herself through masters, mattress looking like only option - never been in position where someone doesn't want money up front - What's wrong with you Hallam??? Some Unis actually give discount for paying up front

tomtontom

leighsarah wrote: »

lol thanks for suggestions, unwise in daughter's account as she is only doing 0 contract casual to fund herself through masters, mattress looking like only option - never been in position where someone doesn't want money up front - What's wrong with you Hallam??? Some Unis actually give discount for paying up front

When they refer to paying upfront most mean paying before the course starts but in the same academic year - it doesn't make sense in accounting terms to have payments made in the preceding financial year.

Voyager2002

Help your (generous) parents to open a high-interest savings account in their names, then they can put the money away there and forget about it until it is needed.