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    • Tina.arterton
    • By Tina.arterton 11th May 18, 10:39 AM
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    Tina.arterton
    Supporting my daughter as she prepares to go to Uni
    • #1
    • 11th May 18, 10:39 AM
    Supporting my daughter as she prepares to go to Uni 11th May 18 at 10:39 AM
    Our daughter will be studying an equestrian degree in September. Student finance will obviously pay for her tuition fees and some of the accommodation costs but she needs to finance stabling her horse at Uni plus her living costs. We work but are moderate earners. She has just acquired her horse a dream of hers since she was 5! I want to research if there are any ways she can get additional loans to support her rather than entirely relying on the bank of mum and dad as this will be a struggle. Any thoughts or suggestions please.
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    • elsien
    • By elsien 11th May 18, 10:41 AM
    • 16,375 Posts
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    elsien
    • #2
    • 11th May 18, 10:41 AM
    • #2
    • 11th May 18, 10:41 AM
    Part time work to fit around her course and during the holidays? She has all summer to find a temporary job and build up some reserves.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
    • ska lover
    • By ska lover 11th May 18, 12:30 PM
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    ska lover
    • #3
    • 11th May 18, 12:30 PM
    • #3
    • 11th May 18, 12:30 PM
    Part time work to fit around her course and during the holidays? She has all summer to find a temporary job and build up some reserves.
    Originally posted by elsien
    This a million percent. It is only May now and I assume she won't be going until Sept? That is three months of full time work I would be expecting her to do if that were my daughter.

    Also when she gets there, I would be expecting her to get a part time job in the local town, she may even get a job in the local students union bar etc - something like that would be ideal
    The opposite of what you know...is also true
    • elsien
    • By elsien 11th May 18, 12:36 PM
    • 16,375 Posts
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    elsien
    • #4
    • 11th May 18, 12:36 PM
    • #4
    • 11th May 18, 12:36 PM
    Also to add, has she looked into any bursaries or scholarships?

    https://www.ucas.com/ucas/undergraduate/finance-and-support/additional-funding

    And she could look on turn2us to check eligibility for any relevant grants.
    Last edited by elsien; 11-05-2018 at 12:39 PM.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
    • Spendless
    • By Spendless 13th May 18, 8:14 AM
    • 20,142 Posts
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    Spendless
    • #5
    • 13th May 18, 8:14 AM
    • #5
    • 13th May 18, 8:14 AM
    From some of the wording of your post, I am guessing that your DD does not qualify for the full amount of maintenance loan?

    There is an 'expectation' but not 'obligation' that parents will cover the shortfall between the amount of loan that the student qualifies for and the maximum loan amount; where no parental contribution is expected.

    Funding the difference between the 2 amounts, plus stabling a horse is going to be a tough one for her. Unless she has been working a part-time job since she was 16 and put her wages away or there's been money saved for her by a relative for this time to provide a 'nest-egg'. I suspect any money like this has been spent on the purchase of the horse?

    I suggest going through all finances, both yours and hers. That will tell you what you can help her out with financially and what she needs to do workwise to cover as much as she can.

    If the figures don't match up, then deferring for a year in which she can work f-time and save may be something that has to be looked at.
    • peachyprice
    • By peachyprice 14th May 18, 9:37 AM
    • 19,370 Posts
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    peachyprice
    • #6
    • 14th May 18, 9:37 AM
    • #6
    • 14th May 18, 9:37 AM
    Has she approached stables to ask if she can keep her horse there at a reduced price in exchange for her services mucking out etc.?
    Accept your past without regret, handle your present with confidence and face your future without fear
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