Paying for 25 year old child

Red-Squirrel_2

pimento wrote: »

It's outrageous that parents are still expected to support someone as old as 25. Considering that you're an adult to all intents and purposes when you're 21.

You're an adult at 18!

Mojisola

foolofbeans wrote: »

I found out recently that once a student is 25 they automatically qualify as an independent student and their loan amount is calculated on their income, not their parents.

Sadly it turns out that child turns 25 one week after the qualifying date and so we will have to declare our income to student finance again.

I have always told the children we would support them while they are in education

But frankly I really begrudge having to subsidise a 25 year old.

It sounds as if you're so annoyed at the government rule about 25 year olds that you're going to take it out on your child!

Wise words from TBagpuss.

davidwood681

Do them a life lesson that will pay off for years to come and stop funding your adult childs lifestyle.

If they can't afford to get through uni at 25 on their own (loans etc inc) then they shouldn't be going.

74jax

My DD gets minimum student loan which is around 3.8k, can't remember exactly. Her accommodation is around 5k.she works all summer extended hours to save up for the chunk of her 1st accommodation payment then works weekends to pay the next 2 instalments and to go out etc.

She started uni at 18 and is in her final year now. I transfer 20.00 a week for food - I'm not sure how much goes on food... �� - I know I'm lucky I can afford to transfer this each week but she says at times its been her life line.

It was her choice to go to uni, she's an adult and understood the costs involved. She is lucky she got a job to allow her to do this but it was something she really wanted to do.

Could you maybe look at an amount each week so you know food is covered if possible of course.

annandale

They are already working during term time and summer holidays according to the opening post. The should a parent have to fund a 25 year old is a straw man argument. It's student finance rules. You were OK with paying a parental contribution when they were 24 but because they've missed the cut off by a week this year you don't want to pay it now?

Is this that they don't have much money but they go on holidays and to festivals? That's a separate conversation I think.

mattpaint

You made a promise to your child to support them and now you don't wish to and are looking for any excuse not to. I hope you realise the consequences of this decision because you won't be able to take it back once you have done it.

Mojisola

foolofbeans wrote: »

We have a good income but we also have a lot of debt

They have worked throughout university and have worked hard during summer holidays. However, child has also managed to have a holiday every year, attend festivals and regularly buy stuff.

It sounds as if your adult child is better at managing his/her money than you are.

Have you taken advice about dealing with your debts?

Fireflyaway

Are you annoyed because you could ( and want to) get out of paying but feel a bit guilty?
If you made a promise then stick to it and if you helped the other kids you have to be fair and help this one too. You did say it wasn't their fault that they are attending later.

Primrose

Difficult dilemma but ask yourselves how much you are responsible for your daughter,s spending habitsif you have been the ones subsidising her holidays and festival attendance.

If you promised to fund her education I think you're stuck with it for this coming year but if you have other children to educate I think you should sit down with her and agree that going forward, your continued funding must have an end date.

Giving her 12 months notice should give her time to get her spending habits in better order. Her later start may not have been entirely her fault but she still has the welfare of her two siblings to take into account and at 25 perhaps needs to start developing a more realistic view of how her finances are governed.

Marvel1

If they can afford an annual holiday and attend festivals then they can afford to do it alone.