Student loan -at my age!

AnotherJoe

cms-help wrote: »

I'm not a new teacher but my school requires us to generate an awful lot of paperwork and I have a lazy TA (and I mean literally does nothing other than work with children in the class from 9 to 12 and leaves as soon as the children have gone for lunch).

LOL. A lazy TA is one that does their job but no more?

Remind me how much they get paid?

silverwhistle

AnotherJoe wrote: »

LOL. A lazy TA is one that does their job but no more?

Remind me how much they get paid?

I suspect they're one who wants to be paid minimum wage!

I was in a big company, eventually in IT but following redundancy did different bits and pieces including TEFL in various institutions. The teaching was enjoyable but not the bureaucracy or precariousness of the posts. Subsequent teaching abroad was less onerous in this respect.

Returning to the UK I did a summer school which, though well organised with supportive colleagues, was exhausting. In at 8, not even a visit to the college cafe before leaving at 4.30 - just for the change of environment and home-brewed tea - to get home for more preparation. The following year I saw a receptionist post at the same college which I calculated would yield the same hourly rate..

I didn't bother, and now supplement my income with tutoring and earn a few foreign-exchange euros into the bargain. Now I have to make sure I fulfill the students' wants and needs, not complete a form for a file which may be looked at, but only to ensure that it has been completed..

pupgrum

You can consider a careers development loan. You'll have to repay in monthly instalments, every month, without fail right after you complete the course. Some banks offer a 3-6 months grace period before asking for repayment.

MalMonroe

Well I'd just like to say that I had took out my first (undergrad) student loan at the age of 48. And graduated when I was 51. And I am still learning to this very day. Unfortunately you can't have an MA loan after the age of 60, which is a great shame, I guess the government thinks we're all going to die off before we pay off, so you'd best do it now. Ignore all the naysayers, a postgraduate qualification never did anyone any harm. I'm just really sad that people continue to leave the NHS in droves - as an ex-NHS employee myself I thought they offered flexitime so that those with families, i.e. the majority of workers in the NHS, could spend more time with families? Couldn't you negotiate that? Great shame if that's the only reason you're fixing to leave.

elisebutt65

pupgrum wrote: »

You can consider a careers development loan. You'll have to repay in monthly instalments, every month, without fail right after you complete the course. Some banks offer a 3-6 months grace period before asking for repayment.

Why would you get a bank loan, when you can get a student loan? Also, in 2018, there's talk of a PhD loan of £25000 for 5 years of study, which is what I'm hoping to do, after my Ma.

hign10pines

MinnieCooper wrote: »

Hi,
I need to change career (from NHS) due to lack of family time and childcare issues (husband also works shifts).
I am thinking of doing a Masters in Public Health or Computer Science as I am interested in a data career (clinical, if I can get it). I was looking at doing a PGCE but the cost of the PGCE is twice the price and I would end up at the bottom of the teacher payscale (£21K). I would be better off doing the MSc in PH/CS to get a higher salary.
As I would need to quit my role in the NHS to do this I would need to take out the maximum maintenance loan (£10k ish). I am trying to figure out how much and for how long I would pay it back. I will be 45 in March. Didn't have a student loan for my first degree.
Any ideas? Is it written off at any point?

That doesn't matter only certain degrees are exempt where anyone can take out a loan regardless of already doing a degree (whether they took a loan then or not). Also funding is different for postgrad courses.

pupgrum

elisebutt65 wrote: »

Why would you get a bank loan, when you can get a student loan? Also, in 2018, there's talk of a PhD loan of £25000 for 5 years of study, which is what I'm hoping to do, after my Ma.

Because OP is not eligible for a student loan? Doesn't matter if OP's previous course was self funded, simply having previously studied and completed the course means OP can't apply for the student loan.

The PhD loan is only being discussed, it's not confirmed as of yet.

The best option for now is a Careers Development Loan which gives a grace period and the interest rate is quite low.

Mrs_Ryan

If OP has only an undergraduate degree then yes they would be eligible. If it was only for people who didn't have an undergraduate degree there would be no point in a postgrad loan as you generally need a undergrad degree before you undertake a postgraduate *rolleyes* I'm hoping to start my Masters this autumn straight after finishing my undergraduate degree- funded by a loan just like my undergraduate. I'm hoping the PhD funding comes in too as I'm looking into a PhD after my Masters but the uni I'm applying to for my MA has a lot of good opportunities in the subject area I'm looking to study so I may not need funding but it's good to have the option.

elisebutt65

pupgrum wrote: »

Because OP is not eligible for a student loan? Doesn't matter if OP's previous course was self funded, simply having previously studied and completed the course means OP can't apply for the student loan.

The PhD loan is only being discussed, it's not confirmed as of yet.

The best option for now is a Careers Development Loan which gives a grace period and the interest rate is quite low.

This suggests that they have been confirmed actually. https://www.findaphd.com/funding/guides/uk-phd-loans-scheme.aspx

Lungboy

Those details are still under consideration, nothing has been finalised yet.