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How to fund re-training on a low income, newly unemployed?

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  • FBaby
    FBaby Posts: 18,367 Forumite
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    I'm really curious as to what short course cost £5k, promises a very good income, and flexibility of working to someone at 50. Sorry OP, but I would think that if that was the case, everyone would jump at it.

    How much longer will your child require childcare? If it is only a couple of years or so, then it doesn't seem worth the risk. I think you will struggle to find a bursary to pay for the course and a loan is that, a loan, are you totally confident that you would be able to earn enough within the same constraint to support you and your child AND repay the loan?
  • Dox
    Dox Posts: 3,116 Forumite
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    edited 15 July 2018 at 5:00PM
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    norainbows wrote: »
    I still don't know what possible finance or Grant options may be available to me?

    Then find out. You have twice been given a link which includes details of City & Guilds bursaries - have you read the requirements? Have you been to your local library and checked out what directories they hold on grant-making trusts and charitable bodies? Have you been to your nearest college ('near' may be a relative term, depending where you live) and spoken to the member of staff with specialist knowledge in dealing with the issues confronting mature students? Have you googled/looked at the government website?

    You say you want to plan longer term, but to do that you may first need to plan shorter term. If you read back through your thread and look at the way you've responded to the suggestions which have been made, you have pretty much demolished all of them along the lines of 'I know better' or 'oh, but...'. That's a good strategy if you want to avoid taking a risk - particularly the risk of not succeeding first time - but ultimately won't help you get where you want to go. Don't let a miserable start in life destroy what could be a really good future.

    You might also like to share the area you are looking at, in case anyone reading the thread genuinely has firsthand knowledge to impart.
  • norainbows
    norainbows Posts: 80 Forumite
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    edited 15 July 2018 at 7:45PM
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    FBaby wrote: »
    I'm really curious as to what short course cost £5k, promises a very good income, and flexibility of working to someone at 50. Sorry OP, but I would think that if that was the case, everyone would jump at it.

    How much longer will your child require childcare? If it is only a couple of years or so, then it doesn't seem worth the risk. I think you will struggle to find a bursary to pay for the course and a loan is that, a loan, are you totally confident that you would be able to earn enough within the same constraint to support you and your child AND repay the loan?

    Hi Fbay.

    No course can make any promise whatever you pay for it. Even University with 9k a year fees can't do that. There are no guarantees in life. Nothing is given to you, you have to work for it. Get the best training in the world does not make you a success, it's what you do that improves your chances of that. As stated it's a beauty industry qualification. Not everyone is suited to a particular job, you have to find what works for you. A good 'potential' income is just that. The market is there if you're good at what you do. My main aim of this post was to get my feet off the ground. My hard work will do the rest.
    Neurodiverse and struggling with not being 'normal'.
  • norainbows
    norainbows Posts: 80 Forumite
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    Dox wrote: »
    Then find out. You have twice been given a link which includes details of City & Guilds bursaries - have you read the requirements? Have you been to your local library and checked out what directories they hold on grant-making trusts and charitable bodies? Have you been to your nearest college ('near' may be a relative term, depending where you live) and spoken to the member of staff with specialist knowledge in dealing with the issues confronting mature students? Have you googled/looked at the government website?

    You say you want to plan longer term, but to do that you may first need to plan shorter term. If you read back through your thread and look at the way you've responded to the suggestions which have been made, you have pretty much demolished all of them along the lines of 'I know better' or 'oh, but...'. That's a good strategy if you want to avoid taking a risk - particularly the risk of not succeeding first time - but ultimately won't help you get where you want to go. Don't let a miserable start in life destroy what could be a really good future.

    You might also like to share the area you are looking at, in case anyone reading the thread genuinely has firsthand knowledge to impart.

    Hi Dox, I am following up all useful information given to me in this post. I appreciate it.

    Tomorrow I have a list as long as my arm to follow up with calls and emails. It seems from those links that I may be eligible based on the information provided but phone calls should be able to clarify if this is indeed the case.

    I have not been to my local library to find directories on grant-making trusts and charitable bodies. I didn't know about this, thank you. Onto my to do list this goes.

    My local college does do courses but full time only in a general qualification and not in the area I want to work, so this isn't an option.

    I've been on the .Gov website and will be making calls regarding information I found tomorrow.

    Long term goals are good but you can't plan long term without planning short term and how to get there. There's all the practical stuff that needs taken care of on a daily basis and I'm well aware of that.

    Tonight is spreadsheet work to do so I know where I am and what I need to achieve in order to make this venture a success.

    Life is full of adversity but I'm not a quitter. In fact I expect and relish the struggle but I prefer to focus on the solution to problems rather than the problem itself. "knocked down 7 times, stand up 8".....

    I have been on many professional forums who understand the field I want to get into. It's always better to get first hand feedback on problems and experiences of others doing the same thing. This is a valuable part of my research which helps keep me in touch with problems which I may experience.

    On Tuesday I have my first Job interview. :)

    Thank you for your wise words and taking the time to comment; much appreciated.
    Neurodiverse and struggling with not being 'normal'.
  • norainbows
    norainbows Posts: 80 Forumite
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    theoretica wrote: »
    The only thing I can think of are these - if the course provider is on their list. https://www.gov.uk/career-development-loans

    Hi theoretica

    I checked this on the .Gov website and it seems I may be eligible. I'm calling them tomorrow. Thank you
    Neurodiverse and struggling with not being 'normal'.
  • dawyldthing
    dawyldthing Posts: 3,438 Forumite
    edited 16 July 2018 at 2:21PM
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    norainbows wrote: »
    Hi Tabbytabitha

    It's in the beauty industry. Qualifications will be with both City & Guilds and VTCT.

    I've always been one of those annoying people who is into detail. I have been aware of these treatments for years and have had a keen interest in them as they are not just for vanity, they can be life changing (confidence wise).

    I have many qualifications in the fitness industry including the required ITEC Anatomy & Physiology but I need refreshing. It is also a required part of the course.

    Plus beauty isn't a big payer. Nails generally cost £20 ish, massages no more than £50, Botox can be done quite reasonable nowadays. You're going to have to put a lot of hours in to make a profit from outlaying £5000 :/
    :T:T :beer: :beer::beer::beer: to the lil one :) :beer::beer::beer:
  • norainbows
    norainbows Posts: 80 Forumite
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    Plus beauty isn't a big payer. Nails generally cost £20 ish, massages no more than £50, Botox can be done quite reasonable nowadays. You're going to have to put a lot of hours in to make a profit from outlaying £5000 :/

    It's Medical Beauty not traditional beauty. :)
    Neurodiverse and struggling with not being 'normal'.
  • Tabbytabitha
    Tabbytabitha Posts: 4,684 Forumite
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    norainbows wrote: »
    Hi Fbay.

    No course can make any promise whatever you pay for it. Even University with 9k a year fees can't do that. There are no guarantees in life. Nothing is given to you, you have to work for it. Get the best training in the world does not make you a success, it's what you do that improves your chances of that. As stated it's a beauty industry qualification. Not everyone is suited to a particular job, you have to find what works for you. A good 'potential' income is just that. The market is there if you're good at what you do. My main aim of this post was to get my feet off the ground. My hard work will do the rest.

    The difference with university funding is that you only repay the loans when you're on a reasonable income. CDLs and similar will need to be repaid regardless of income.
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