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Higher education

Talk to other parents whose children are preparing for university on our Higher Education forum.

Uni spend

45 replies

FiveMoreMinutesPlease · 14/05/2023 12:02

Hi,
How much does your DC have/need a week as cash in pocket after accommodation paid for.
I know it's dependent on area so we're looking at Kingston in non self catered halls. So my DC will have to pay for food and going out spends. DC gets half the maintenance loan so we will top her up.

Thanks for any replies.

OP posts:
Allschoolsareartschools · 14/05/2023 13:00

Just to add, dd got the minimum student finance.

Houseplantmad · 14/05/2023 13:03

@Losingweightissohard no, that’s each. They both got decent maintenance loans (not full though) but rent is £600 a month for 12 months. SE England.

Losingweightissohard · 14/05/2023 13:14

FiveMoreMinutesPlease · 14/05/2023 12:48

@CorneliaStreetAgain that's what we will do I think. Top up the Maintenance loan so the acini's paid for. Then fro. What I've see. Above river her an allowance which is looking like £50/£75 PW.

Thankfully her course will leave very little free time and she is no party girl. So not much time to spend

I hope he gets the cheaper accommodation. You can pay it monthly or in three installments. We may pay in three and put the monthly DD into another account from our monthly budget so we are always in front of it. I want him to learn how to budget and live off his maintenance loan. He knows he will need to work and earn money at some point.

Mirandaesque · 14/05/2023 13:20

Hi, about £50 a week, working thru the summer to top up and we send food back each time he's home for a weekend. Next year harder as the rental term on the house is longer than the accommodation he had first year.

PhotoDad · 14/05/2023 13:31

Many (most?) people here "top up" from awarded loan to what the maximum loan would be. That's what we do, plus also pay for train fares there/home if needed. It worked out to £100 per week over the whole year. (Some parents divide it up over termtime weeks). Next year it will be £110.

DD has managed Year 1 with a surplus (self-catered in a mid-priced city). Year 2 might be tighter as she's having to pay higher rent, for longer. She is currently applying for summer jobs to increase her buffer. (She's fortunate to have savings to dip into if needed, I know that not everyone is.)

Thequeenofwishfulthinking · 14/05/2023 13:32

Approximately £100 after food but she eats out a lot so that will come out of this. Life of Riley tbh.

standys · 14/05/2023 13:37

AssertiveGertrude · 14/05/2023 12:10

I would say 100 a week (it’s hard to know exactly due to travel and costs on an individual level)

I agree with £100pw when not living back at home. This figure has worked and still works for my 2 DC.

cocunut · 14/05/2023 14:36

CorneliaStreetAgain · 14/05/2023 12:36

But there is a vast majority of students out there who have to work their behinds off and don't get given "free money" to spend on booze, Waitrose shops and god knows what else

If they get the full maintenance loan, fair enough. However, those who get the minimum are entitled to financial support from their parents. These threads are for parents who aren't flush so need some idea how much they will actually need.

OP - we're going to top up DD's accommodation then give her £50 per week and see how it goes.

No pressure to get a job until she finds her feet. She's got savings from her pt job and will work holidays.

"Entitled" is entirely the wrong phrase. I graduated 5 years ago and I received minimum loan. Didn't get a penny off either of my parents towards living costs as they earned just over the threshold and I had a younger sibling, plus they had a mortgage.
Fair enough to you lot giving money away to your kids if you can afford it but all I'm saying is a lot of students get by on nothing from family. Saying that young adults are entitled to any amount of money they've not worked for themselves is an incredibly privileged take.
In my own case, I didn't go into lectures to avoid travel fees (most of it is available online and in textbooks). Graduated 5 years ago with a 2:1 STEM degree. So yes, it is doable without the bank of mummy and daddy.

Dotcheck · 14/05/2023 14:47

@cocunut
Well done for pushing through and getting through your education.
I work with young people, and come across situations like yours all too often- parents who make too much, but won’t help their child. It makes me angry every time as that student is caught in the cross hairs of a clunky assessment system.

However, most parents do want to help their children, and so many students do get jobs and work hard.

I appreciate it must have been difficult , but your anger here is misplaced.

ShanghaiDiva · 14/05/2023 16:17

ds did not work during term time, but had two paid internships at the end of years one and two. We gave him about £600 per month at the beginning to help budget for annual ticket for sport etc and then £300 per month.

Motheranddaughter · 14/05/2023 16:19

I was skint at Uni and didn’t want that for my DC
My money,my choice

User26673 · 14/05/2023 17:43

DS1 gets minimum maintenance loan. We top up every September so that he has £12,000 a year. He has to pay all rent, food, everything with that.

aibutohavethisusername · 14/05/2023 18:16

DD commuted in her 2nd and 3rd year, has a job and pays board to me! So it all depends on circumstances where you live etc.

CorneliaStreetAgain · 14/05/2023 19:08

"Entitled" is entirely the wrong phrase

No, it's the correct word. The Government expects parents to make up the shortfall so the child is entitled to expect that. Whether the parents are willing or able is another matter.

SmartHome · 15/05/2023 18:19

I know these threads are getting boring but my plan was to pay DS1 accomodation in halls = £6,900 and then he will get the minimum non-means tested maintenance loan of £4,651 for food and spending money. So that is £11,551 pa, which more than the maximum maintenance loan of, I believe, £9,978. So does this mean he will be perceived as some spoilt brat?

I dont want him to be destitute and live in abject squalor like I did (I'm paying for the enhanced level halls), but equally I want him to learn to budget etc.

Finally, are we saying live off £4,651 over 40 weeks of uni which is £116 per week and then part time job/summer work to live over the holidays and top that up - or are they meant to eke that out over the year?

PhotoDad · 15/05/2023 18:26

This is only my personal experience... but the full loan only went up by 2% (or was it 3%?) this year, despite inflation being 10%. So, having topped DD up to full loan last year, we've decided to increase it by 10% this year. The figures will be pretty much what @SmartHome is suggesting!

DD is now home from first year (yes, already, she's on a "semester" system of two long terms with short breaks) and has applied for about a dozen summer jobs to supplement her income, but that's her choice and she's survived just fine so far. Admittedly, she doesn't have expensive tastes. (These threads always turn into a little spat between "how can your DC survive on so little???" versus "how can your DC spend so much???" just like other cost-of-living MN threads!)

SmartHome · 15/05/2023 18:33

That's good to know, thank you. It seemed pretty reasonable to me but it is so hard to judge when it's your first time. It's always a tough one isn't it becasue you want them to have a nicer time than you did (I had zero parental help and really lived in squalor which affected my university experience) but also want them to not be entitled and learn the value of things.

Unless I am missing someting, they have literally nothing to do between June and October over the summer so if the expectation is they come back and live at home, at least for the first summer, presumably they can work all summer to save up a bit for extra spending money then. Equally DS1 has a hospitality job lined up to start as soon as A levels are finished this summer so can put that towards the first year as well.

DarkWashLoadFive · 15/05/2023 21:16

@FiveMoreMinutesPlease in terms of actual figures we topped up to maximum maintenance loan from minimum loan, minus accommodation cost of £6.3k self catered and then divided what was left over the 30 weeks he would be away. That meant just over £100 per week.

Ds is doing a course with no materials required, ie no books to purchase. He spends around £35 on a supermarket shop tops up maybe bread and milk in the week. Laundry is around £3.80 per wash, tumble drying was free in first year and £1.80ish this year. Circuit laundry, pretty standard in uni accommodation. He probably buys a take away once a fortnight if that, he prefers cooking and he gets more value for money. He is in private halls of residence for both second and third year which costs more than first year halls. We still give him £100 per week for 30 weeks.

That leaves money for travel, he comes home once a semester so every 5 weeks ish and he got a young persons railcard free with his student bank account which sees a cost reduction. He and his mates tend not to socialise in a pub as drinks cost way too much. Ds uses his left over money to pay for going out over the holidays, camping with mates, a couple of gigs etc. He always has money left over because he is a saver.

Consider what you may want to cover or expect them to cover such as phone contract (£10 for Ds he is on our family plan) Netflix, Amazon, Spotify, clothing, shoes etc. Don't forget the initial outlay for their room such as duvet, pillow, towels, kitchen stuff and a laptop possibly. I hope that helps.

Bluechipper · 15/05/2023 21:34

DD gets minimum maintenance and we topped it up to £11,500 this year. Next year we will be topping it up to £12,650 (10% increase to reflect inflation). Student loans are not keeping up with inflation!

Bluechipper · 16/05/2023 00:50

I should add that it is going to be VERY hard to top up to that amount but we feel we must coz loans are not reflective of cost of living. I am going to work a weekend shift and DH will take night shifts which pay better. What we will do when we have our DS in Uni I don’t know (he will overlap with DD for one year)

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