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Higher education

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Student finance - high earners

52 replies

JaneExotic · 26/09/2021 08:26

I’m finding student finance as clear as mud! If parents are higher earners (household income of £120K), student is entitled to the non-means tested tuition fees loan.

What about the maintenance loan? Would they be entitled to something? And how can I find out what?

OP posts:
ElectricDeChocobo · 29/09/2021 21:54

@Xenia

i graduated a teetotal virgin with university prizes. I worked until I went into labour with each child, used annual leave for 2 weeks when I was off work and went back when they were 2 weeks (yes weeks not months) old so again for me it is certainly not all about luck but conscious choices.
Yes, I'm sure everyone in the world could get their own private island if they tried. 🙄
Jonesy88 · 29/09/2021 22:03

From another perspective, when I went to university (still in a time with high tuition fees) I also didn’t qualify for grant/support because of my parents wage. My parents were honest with me and said they couldn’t support me financially but if I attended a local uni I could stay at home rent free.

The local uni was as good as the other options requiring halls so I stayed at home and got a part time call centre job for “beer money”. I left uni with top grades and also made life long friends so don’t feel I missed out on anything.

My parents weren’t particularly wealthy, ie high incomings but also high outgoings and I hated the thought of adding financial stress to them.

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