Dear all, I'm being an idiot I think. Is this correct re: putting kids through uni. Went to a careers evening this week and now am really confused!
2 sets of costs - tuition fees and maintenance. DS can get a tuition fees loan, known as the student loan and he then pays that back over the next 50 million years. Maintenance (food, accommodation, beer, books, beer etc.) is either paid for by parents if they earn over a certain amount, or we/they can get a loan for it. We definitely won't qualify for a maintenance loan so we'd be paying.
I'm panicking slightly as although on paper we earn a lot, we have huge outgoings as we have invested in our business as well as the house etc. and the thought of paying for 2 lots of Uni fees at a time when they overlap, for 3 children, over the next 9 years is eye watering and frankly unaffordable. Have I missed anything? None of them will be looking at apprentice degrees so they'd all be full fees.