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You, Money And University Kelly Parkins [email protected] PowerPoint PPT Presentation


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You, Money And University Kelly Parkins [email protected] . You CAN Afford To Go To University. You Do Not Pay Tuition Fees Up Front ● Maintenance Loans And Grants Help You Financially While You Study ● You Only Start Paying Once You Earn Above £21,000 ●

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You, Money And University Kelly Parkins [email protected]

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You, Money

And

University

Kelly Parkins

[email protected]


You CAN Afford To Go To University

You Do Not Pay Tuition Fees Up Front ●

Maintenance Loans And Grants Help You Financially While You Study ●

You Only Start Paying Once You Earn Above £21,000 ●

If You Earn £25,000 A Year You Will Pay Only £30 A Month ●

After 30 Years Any Remaining Debt Is Wiped ●

You Can Work Up To 16 Hours A Week While You Study ●

You Will Be Entitled To Student Discounts ●


Maintenance Loan

  • This Loan Helps With Your Living And Learning Costs

  • This Will Be Paid Directly Into Your Bank Account In Three Instalments

  • The Amount You Receive Will Depend On Your Family’s Income

  • This Loan Is Repayable (After Graduation)


Maintenance Grant

  • You Are Entitled Up To £3,354 If Your Family Incomes Is Up To £25,000 ●

  • You Are Entitled To A Partial Grant For An Income Of £25,000 - £42,611 ●

  • This Will Be Paid Directly Into Your Bank Account In Three Instalments ●

  • Means Tested And Non-repayable ●


Student Loan Support Package 2013/14*

For Students Living Away From Home But Not Living in London*


How Do I Apply For Student Finance?

  • Create A Student Finance Account At: www.studentfinance.direct.gov.uk

  • You Will Need Your UCAS Details To Login

  • Your Household Income Needs Submitting (Parents Can Submit This)

  • Give Permission For Your Information To Be Shared As You May Be Entitled To Bursaries Or Scholarships

  • Everything Student Finance Asks You To Send, Post ASAP


You

Parents


What Does Your Student Finance Cover?


What Money Might I Have Coming In?


Estimated Living Costs In Bradford


What Do You Spend Your Money On?

Example:

£3.00 Meal Deal week days£750 per year

70p Chocolate Bar Daily  £255 per year

£1.15 Bottle of Coke Daily£419.50 per year

£25 Monthly Mobile Contract£300 per year

£10 ITunes Monthly £120 per year

£50 Clothes Monthly£600 per year

£10 Weekly Travel £520 per year

20 Cigarettes a day£2,588 per year!

£20 Misc Expenses Monthly£1,040 per year

HOW MUCH IS THIS A YEAR:????


£6,592!


Useful Websites

www.ucas.com - University application form & bursary information

www.bursarymap.direct.gov.uk - Information about bursaries

www.direct.gov.uk/studentfinance - Information about finance, application form student & finance calculator

www.aimhigher.ac.uk - Information about going to university, finance etc

www.studentsurvivor.org.uk - Test your budgeting skills and keep a student alive for a week!

www.moneysavingexpert.com/shopping/demotivator/ - Look at what you spend your money on


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