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Maintenance Loan

(31 Posts)
Olympicfan Sun 05-Jan-20 23:04:42

DC wants to study in London and live at home. However, it will be an hour's commute each way. A relative has offered DC a room in their house (they live closer to the station and only a 45 minute commute). If they live at relative's house during term time (weekdays) and lived at home at weekends and in the holidays, would they be classed as 'Studying in London and living at home' or 'Studying in London and not living at home'?

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KittyMarmalade Sun 05-Jan-20 23:10:29

Well, they're spending 4-5 nights a week at the relatives and 2-3 at home, so I'd say "not at home", but I can't be sure. It's not a big difference in the commute time though.

Olympicfan Sun 05-Jan-20 23:27:25

But it is 2.5k difference in maintenance loan (£3,300 as opposed to £5,800). Their train fare will be approx £1700/£2000 per year.

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Decorhate Mon 06-Jan-20 07:27:43

I wonder how the Student Loan Company would actually know either way. If you live close to your uni, do they ask for proof you are living away from home? Hopefully someone London based will have the answer.

Trewser Mon 06-Jan-20 07:33:44

I thought the minimum maintenance loan was 4.1k?

okiedokieme Mon 06-Jan-20 07:35:42

You need to check current rules, it used to be that if you attended a university within 20 miles of you home you were classified as living at home even if you didn't

okiedokieme Mon 06-Jan-20 07:36:16

@trewser

Living at home is lower

CatToddlerUprising Mon 06-Jan-20 07:37:25

Would your DC be eligible for the 18+ TfL card? That will help with commuting costs

zzzzzzzx Mon 06-Jan-20 07:39:53

I can't see how that would ever be classed as living at home.

Trewser Mon 06-Jan-20 07:39:57

Aha! Of course thank you.

Trewser Mon 06-Jan-20 07:40:40

It wouldn't be classed as living at home because he won't be living at home!

MarchingFrogs Mon 06-Jan-20 09:47:08

It wouldn't be classed as living at home because he won't be living at home!
However, as has been mentioned on various internet forums recently, SLC do check up on those claiming the 'living elsewhere' rate, whose home address is close to the university at which they are studying, with those unable to provide proof having their loan reduced to the living at home rate. e.g. no proof of rent actually being paid to a third party.

What kind of distance is actually under consideration here? Length of commute in terms of time is not necessarily commensurate with distance - e.g. high speed route from out in Kent into St Pancras International plus a five minute walk to Central St Martin's quicker than slow line into Paddington from somewhere geographically closer plus tube to KCL etc

HugoSpritz Mon 06-Jan-20 09:50:28

Message withdrawn at poster's request.

strawberrieshortcake Mon 06-Jan-20 10:59:43

@HugoSpritz thousands students live London all the time and manage just fine. Teenagers who live in a London and do their GCSE and A Levels seem to be able to get their exams on time so I don’t see why a university student wouldn’t.

muddypuddles12 Mon 06-Jan-20 13:26:17

@Olympicfan I would class this as living away from home for student loan purposes. I lived away from home but my parents paid my rent, but I still received a maintenance loan - they don't specify that this must be spent on rent. I chose to take the maintenance loan and use that to pay my living expenses, i still have to pay it back regardless of what it was spent on. If your DC wishes to take the student maintenance loan out then that's their decision, but they are "living away from home" and essentially "visiting" when they come home at weekends.

Olympicfan Mon 06-Jan-20 15:12:15

Home to university distance is 38 miles in this instant. The course is a humanities one so might only be about 6-8hrs contact hours a week.

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HugoSpritz Mon 06-Jan-20 17:15:04

Message withdrawn at poster's request.

midgebabe Mon 06-Jan-20 17:25:21

It's a loan. With interest charged. Surely you want to take as little out as possible?

strawberrieshortcake Mon 06-Jan-20 17:56:44

@HugoSpritz the op only specified a 45 minute commute so I’m unsure why you assumed that it was a commute into London and then extra travel after that.

Mustbetimeforachange Mon 06-Jan-20 17:59:51

It's a loan. With interest charged. Surely you want to take as little out as possible?
Repayments per month are the same whether you borrow £10000 or £100000. It's a graduate tax really, rather than a loan.

HugoSpritz Mon 06-Jan-20 20:59:38

Message withdrawn at poster's request.

Olympicfan Mon 06-Jan-20 22:28:45

To Clarify: Home: 20 mins to the station, 25 minutes overland train, 8 mins tube, 7 mins walk: University

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Olympicfan Mon 06-Jan-20 22:39:11

Relative's home: 10 minutes to station, 20 minute overland train, 8 minutes tube, 7 minutes walk: University

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bpisok Mon 06-Jan-20 22:48:37

Your DC is going to move in with relative for the sake of 15 mins travel each way (which may be more or may be less subject to train arrival, tube connection etc - hey, if Thameslink it could be literally anything).
If my DD proposed that I would think it mightily odd.

Olympicfan Tue 07-Jan-20 07:35:35

I think saving half an hour on the journey appeals, but the extra £2,500 appeals more. If they commute from home they would have £1,300 after travel costs a year, if they stay at the relative's they will have £4,100 after travel costs. They will have to factor in food to the latter.

We just wanted to know if moving in with a relative is classified as 'Studying but living at home' or not especially as the addresses are only about 5 miles apart.

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