University Subsistence

I used to pay their accommodation and they would live off their loan so they were no worse off than if they were entitled to the grant.

Exactly what I do with mine: made sure they weren't staying somewhere stupid and that the rent was covered so I was confident they had somewhere to live. The rest is down to loan and working.
 
How much do you give your kids to live on when they go to university.
I am in the fortunate position that both my kids start as freshers in the next fortnight.
I expect them to get a part time job for the days not in university.
The rent is mainly covered by the student maintenance loan, but it will leave nothing for food.
Thanks.
We paid the rent for ours.
 
As others have said, sometimes working part-time just isn’t an option depending on the course. I went to uni about 14 years ago now to do a STEM subject and I had about 40-50 hour weeks, more during exam season which was twice a year. The university told us that trying to work on top of that was the most common predictor of failing. That’s because it’s not like a manual job where you can physically push through to work longer hours, it is all mental work and the hours can drive you mad. I worked harder back then than I’ve ever done in any real job since.

I did a bit of work over the summer breaks to supplement what I had but during the year I had to just survive on maintenance grant. I got the full whack grant because my parent’s income was very low. Honestly, don’t know how I did it looking back but I remember a lot of Tesco value packs of noodles were involved and maxing my student overdraft and credit card. I suspect it’s even worse these days with current cost of living. Whether you live at home or not makes a big difference, I was in Edinburgh so nowhere near home. It was character-building but honestly a pretty awful lifestyle.

In answer to your question, I was living on about £10k a year I think. Rent and bills were most of that. I think I remember working out I had about £50 per week and I just about survived (this was 2009). Based on that I would ensure they have at least £100 pw after bills with the way things are now if they are living away from home otherwise they might come home with scurvy.
I admit it was a while ago (early 90s) when I did my bachelors in Applied Physics, but I worked 2 nights a week in a bar and every summer on the building sites so that I could have a decent lifestyle while studying. The summer work was great, 500 a week as a sparkies mate. Used to take 2 weeks off in the summer for a lads holiday. Still graduated with a comfortable 2:1.
To me, working a little whilst studying, grounds people in reality. As someone who signs off on the recruitment of 40+ STEM graduates a year from Russell Group universities, my preference is always towards people with a 2:1 and work experience, rather than a 1st and no work experience.
 
Covid hit half way through my youngest’s second year so I was paying for an empty house from March onwards. At least until I got an email reminder that I had to pay in full after which I thought fuck ‘em.
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.