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5 uni students! Help

mrs_lds
Posts: 4,103 Forumite



Come this sept our 5 kids will all be at uni!
1 phd, 1 masters and 3 degrees is there any financial help out there for us parents to assist help our spring.
1 phd, 1 masters and 3 degrees is there any financial help out there for us parents to assist help our spring.
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Comments
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Are they all claiming their full student loan entitlement?
The parental income assessment makes a very small allowance for you having other students to support. From memory it knocks about £1000 off your income for each dependent (including students) you have.
There was a blog Martin Lewis wrote about this ages ago; that the government doesn't make much allowance for this and if you have children with small age gaps they could well be at university and requiring support at the same time.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Found it! Problem 5 in this article:
https://blog.moneysavingexpert.com/2017/10/warning-parents-2-children-wholl-go-uni-save-now-systems-biased/
Discussion post on it here.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Thank you sooo muchsilver ar much appreciated.0
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Thanks for contribution.0
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