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IVA and uni
Hi,
I would welcome any advise. We are year 3 of IVA post COVID, and our son ideally would like to go to UNI.
Obviously our disposable income is limited and we are controlled by IVA, so I have come to the conclusion UNI is not an option for my son.
We can’t get credit and even though he works and is doing a gap year he will not be able to bridge the gap between the loans he qualifies for and real costs.
Am I missing something or is this a forgone conclusion??? My heart is breaking 🥲
Comments
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This is not my area of expertise at all but your post made me sad, and I’m sorry that your IVA is causing issues for the next generation which must be a terrible concern for you.
Hopefully someone will have some good ideas or proper information, my only thought is that is it possible to go to a more local uni where he could live at home? often uni attendance is sporadic and not overly long on hours so even with a commute it might be possible and still work.
Also, despite protestations students can live relatively cheaply. My own sons went to uni and most of the time they were self sufficient although they worked hard at various jobs like most students. Having little money also means they learn to cook basic very cheap meals before too long, progressing from take aways when they first arrive , to pot noodles and then ending up with large shared pots of mainly veg curries or chilli with cheap rice or pasta half way through term.
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Is @Minkym00 still around?
If you've have not made a mistake, you've made nothing0 -
Not certain this is the right forum for this, let me see if I can find a better place for it.
OP, I would maybe post in this forum, as its not really an IVA issue, nothing can be done about that, its more about finding ways to finance Uni, or make it cheaper somehow.
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How much are you paying into the IVA a month? Do you have a house with equity? Did the IVA firm not discuss this with you when the IVA started?
How long until the IVA ends? Working for a couple of years and then going to uni is a real option.
But if he wants to do the sort of science/maths subject where a long break from A levels is not seen as desirable, going to a local uni and living at home is often the only practical option here.
Has he looked at whether there any apprenticeship options for what he wants to do?0
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