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Higher education

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A Year In Industry - what to expect? Managing money etc

6 replies

GlitterBiscuits · 07/03/2022 12:27

My DC is about to have a Year In Industry

Any tips?Things to expect?

I'm assuming they still need to apply for student Finance as usual, as their Uni will still need some money?
What about a maintenance loan? They will get paid minimal wage while on placement.
Maybe it's still a good idea to have to loan as well, to top up? Or put towards a car etc?

If anyone has gone through this and has advice please let me know

OP posts:
harridan50 · 07/03/2022 12:29

Perhaps let them sort this out themselves....just a suggestion
My daughter did a year in london and we just let her get on with it

ukborn · 07/03/2022 12:33

Depends. Where we are looking (my daughter is not at uni yet) it says the year out there is no payment to the university.
Surely the university has information on this?

GlitterBiscuits · 07/03/2022 13:17

Sorting things out for themselves doesn't mean I'm not interested in my child's education and financial position, I've had to contribute for the last 2 years!
Higher education isn't free anymore

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SometimesRavenSometimesParrot · 07/03/2022 13:45

What funding they get from SFE will depend on how many weeks they’ll spend at uni over the course of the year.

Bristol explains it well www.bristol.ac.uk/students/support/finances/student-loans/year-in-industry/

SometimesRavenSometimesParrot · 07/03/2022 13:47

But yes he applies for student finance as usual and a reduced tuition fee is paid to the uni.

GlitterBiscuits · 07/03/2022 14:02

Thanks @SometimesRavenSometimesParrot very useful.

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