My eldest is hoping to go to Uni later this year and a recently went with her to an applicant day at her chosen course.
They gave a talk about student finance.
My understanding of it is that everyone can get a student loan to cover the course fees but that there is a second bit of finance (I think they said a "Maintenance Loan) which can be used towards accommodation and living expenses. They went on to say the amount would be based on household income.
I've tried but can't find any detail around how much the Maintenance Load might amount to, the student finance website just says you wont know until you apply - which is not very helpful.
Does anyone have any knowledge on what the loan amounts would be and what the thresholds of household income are that can affect these amounts? We're in NI and the she's looking at going to Coleraine - it seems location affects amounts too.
I just want to look into the viability of a loan to pay accomodation. It might be more feasible to buy her a decent car and let her travel but it's so difficult to judge without the info.
I should add, that by the time she's in her final year, I could potentially have 2 more kids at uni so I need to take affordability of that all into account too.
They gave a talk about student finance.
My understanding of it is that everyone can get a student loan to cover the course fees but that there is a second bit of finance (I think they said a "Maintenance Loan) which can be used towards accommodation and living expenses. They went on to say the amount would be based on household income.
I've tried but can't find any detail around how much the Maintenance Load might amount to, the student finance website just says you wont know until you apply - which is not very helpful.
Does anyone have any knowledge on what the loan amounts would be and what the thresholds of household income are that can affect these amounts? We're in NI and the she's looking at going to Coleraine - it seems location affects amounts too.
I just want to look into the viability of a loan to pay accomodation. It might be more feasible to buy her a decent car and let her travel but it's so difficult to judge without the info.
I should add, that by the time she's in her final year, I could potentially have 2 more kids at uni so I need to take affordability of that all into account too.