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Part time study while employed

I am currently employed as a purchase ledger clerk at a motor dealership, and my ambition is to become an accountant.

I would like to study at degree level part time, however, I am having difficulty finding funding for my criteria. I am not on any benefits, and am on a salary of £16,000 per annum. The open university offers support to people on lower incomes, but I still can't afford the course fee's on my salary!

If anybody has been in a similar situation, or knows a way to be considered for financial support your help would be much apreciated.

Comments

  • Auzelia
    Auzelia Posts: 806 Forumite
    lol why dont you ask your boss to drop your hours (and your salary ) so that you meet the requirments! :P

    apart from that all I can think of is using the ILA towards the course fee but that will only cover £100 - £200.

    Sorry cant be much more helpful.

    Or you could do HND accounting at a college near you part time or distant learning (maybe then your course fees will be paid for you)
  • The_Grandmaster
    The_Grandmaster Posts: 1,424 Forumite
    Part of the Furniture Combo Breaker
    I think I've seen an advert for a degree in accounting on the internet from the government which funds you for the course but you would have to work for the government... think I saw it on multimap.com but will try and find you the link!
  • The_Grandmaster
    The_Grandmaster Posts: 1,424 Forumite
    Part of the Furniture Combo Breaker
    sorry can't find link in history or on the website but maybe if you contact the company for multimap http://www.multimap.com/business/ they can help you find the advert?
  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If the course is related to your work you could ask for sponsorship from your employer. Otherwise, just pay what it costs: one you are doing an OU degree you will spend much less money because you will no longer have time and energy for going out. And in the long run it will all be worthwhile.
  • redmel1621
    redmel1621 Posts: 6,010 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    I don't know you're personal circumstances but as a single person on 16 000 you are considered to be on a low income and therefore would have you fees paid up to 785 (30-90pts per yr) and a grant of 255 (non-repayable)

    Go on the O U home page and click on financial support calculator, input your details, and it will give you your entitlement...

    HTH Mel x
    Unless someone like you cares a whole awful lot,
    Nothing is going to get better. It's not.
  • Mel, I'm a single person on zero income, and I don't get any grants at all because it's Higher Education, not Further.

    If you're studying part time, you will qualify for a tuition fee loan to the full amount of whatever the course costs and a £250 one off grant to help with study materials. You won't qualify for any other loans/grants though I'm afraid, unless you study full time. I've done some extensive digging as this is the situation I'll be in next year - I won't even get loans for childcare unless I go full time.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Career Development Loans might be appropriate in some cases.
    These are special loans available from only 2-3 banks, for certain types of courses.

    They are for courses up to 2 years, 3 years if they include relevant work experience. So probably not for degree-level courses, but other professional qualifications would be fine.

    Here's the link:http://www.direct.gov.uk/en/EducationAndLearning/AdultLearning/CareerDevelopmentLoans/index.htm

    As you can see, they are completely legit loans designed for people undertaking career change training.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    redmel1621 wrote: »
    I don't know you're personal circumstances but as a single person on 16 000 you are considered to be on a low income and therefore would have you fees paid up to 785 (30-90pts per yr) and a grant of 255 (non-repayable)

    Go on the O U home page and click on financial support calculator, input your details, and it will give you your entitlement...

    HTH Mel x
    I couldn't see any such link on the home page
    http://www.open.ac.uk/
  • liney
    liney Posts: 5,121 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    "On behalf of teachers, I'd like to dedicate this award to Michael Gove and I mean dedicate in the Anglo Saxon sense which means insert roughly into the anus of." My hero, Mr Steer.
  • redmel1621
    redmel1621 Posts: 6,010 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    http://www3.open.ac.uk/coursefinance/

    This should take you right to the page...

    HTH
    Mel x
    Unless someone like you cares a whole awful lot,
    Nothing is going to get better. It's not.
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