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Career break to study a Masters

After a lot of thinking, I've applied for an unpaid sabbatical from a ten-year plus career, to study a full-time Masters for a year. I will be classed as a Mature student. Any tips or money saving advice would be welcome... I know I can apply for a student loan...

Is there any bit of money saving advice that you would give me? In theory, with loan, savings, and living frugalyl I may just be able to cover it...

Comments

  • bugslet
    bugslet Posts: 6,874 Forumite
    Have you checked on the old style board, they'd be good for money saving suggestions?
  • BrassicWoman
    BrassicWoman Posts: 3,218 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    no part time study options at all to let you work and study? By far the less risky route.
    2021 GC £1365.71/ £2400
  • Serendipitious
    Serendipitious Posts: 6,453 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Council tax should be free if you live alone, or there's a deduction if you live as a couple, contact them for the documentation you'll need to provide.

    NUS cards give you a discount at the Co-op plus a range of other benefits.

    Look for student discounts at swimming pools and leisure facilities etc.

    Knowing you have a job to go back to will be a big help too - no pressure to go job-hunting afterwards.

    Good luck.
    “All shall be well, and all shall be well and all manner of thing shall be well.”




  • Mrs_Soup
    Mrs_Soup Posts: 1,154 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Like undergrads a lot of masters students do work part time up to about 20 hours a week. Any scope in your existing role to do that eg would they let you work one a day a week or something? Althernatively supermarket or bar work etc might fit in around classes. Take full advantage of being a student- get a student union card for discounts on all sorts. Are there any bursaries or scholarships in your field- even a small amount towards fees might help if you qualify for something (these are rare as hens teeth though)..
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