How much per month do you give your young person?

[0hno]

I think the loan should cover the accommodation so I'm wondering how much to give them per month to live on? They don't spend much, don't drink (currently!)

Accommodation, bills and fees already covered. £600 a month

It depends what you expect them to pay for. Travel? Phone? Clothes? Shoes? Equipment and books? Food? Going out? Societies and sport? There’s loads of things that some parents pay for separately and that will impact the monthly amount.

God really?? I had been thinking £200 😩

No way we can afford that in a million years

We pay accommodation and bills, they have their student loan. No extra given.

I would continue to pay for phone but the rest they would need to pay for, I'm hoping they can get a part time job. They do also have savings

Surely it would very hard to pay for all one's food, clothes, travel, academic supplies, and entertainment for £200 a month? Hard to just pay food I would have though

We've been having the same discussions this week. I think about £500 per month, but I'd love to know what others think. (Or more importantly are currently giving) We will continue to pay phone and 'big' items can be discussed.

I'm also interested. We pay accommodation, Netflix, Spotify and I do DD's laundry.

DD had been relying on her student loan of c£5000 to live on, which we pay out to her as £200 per fortnight, but I think she is struggling and I wonder if £150 per week is more reasonable. She is hoping to work holidays, but due to health conditions would t have the stamina to work term time on top of studying.

I think it depends. If their loan is capped due to your earnings then you absolutely need to make that up. If that means changing your lifestyle, then needs must.
If they get full loan and/or you're already topping up then they need to get a job & you give what you can.

Pay what you pay now ie phone and or travel card etc and give what you can.

I'm sorry it's so crap. The people in government who got university grants themselves & were able to sign on in the summer if a job not easily found (and it isn't always possible ) should be so damm ashamed.

I have friends who live quite rurally & a job in a shop or pub just isn't possible due to transport home to parents houses etc.
and pulled that away from kids now. It's a bloody struggle.
I give £400 a month & pay her phone. Her useless father gives £20 a week

I am planning on covering accommodation and she can use her student loan for living . That works out at £110 per week. I’m hoping she will get a job to top up . I’ll pay for trains home etc.

Dd gets the minimum loan, on top of that we give her £315 a month year round & she works 10-15 hours a week. She worked full time in her gap year which left her with savings of £15k which have funded fun stuff/extras/travel through 4 years at university (she still has a couple of thousand left which should see her through the first summer after graduating). She’s managed pretty well I think!

Oh this is very worrying! Yes it's capped but we earn £55000 between us and have £1400 mortgage to pay and nothing left over each month! I can't tell her she can't go! She is also autistic and has struggled to find a job even Saturdays where we live.

I'm sure there must be other people in our position, it seems like it's okay if you are rich or poor but not if you're inbetween. Loan doesn't even completely cover accommodation and it's one of the cheaper uni towns. How the fuck do people do this?

How do you have nothing left over each month? I have less income than you, rent of 1500 and I would be able to give DS some.

Does dd claim pip? If she’s eligible, that might help.

Can you claim pip/dla for her being autistic?

Many students are struggling to find part time jobs that fit around their studies these days.
Zero hour contracts mean they are not guaranteed a regular income.
If working shifts, many places demand at least 2 x 8 hrs a week with only one of those at the weekend. That can be tricky to find a whole day free during the week - there are often random lectures in the middle of the day. And timetables often change each semester.
If working weekends it means they struggle if they want/need to visit home. Most places won't hold a job over the holidays.

£200 a month sounds tight. Food alone would take up £120ish of that, then laundry probably at least £5/wash and dry. Toiletries, clothes, club/society fees, travel (both around Uniontown and trips home), the odd coffee during breaks in lectures, some sort of social life.

She wouldn't be eligible for PIP. I know the forms very well and she does not struggle enough.

Okay I will go through our expenses and see if this is possible, I don't know what we do when child 2 goes.

I know someone is going to say 'why haven't you saved up?' I have been putting money away for them since they were born, she does have savings and will use this if necessary

You will have some savings at home - less food, slight reduction in electricity/water use, any activities DD has, etc

Hi OP, things have changed quite a lot since I was at uni (over 20 years ago!!). It was still free tuition and maintenance grants then and there were lots of us at my uni (the majority) who lived like, well, students! None of us had loads of cash, some had absolutely none after eating. Clothes were from the charity shop etc. It was totally normal. I see students now in a UK city eating out and loaded up with shopping bags - it's a different world!

Your dd will learn great budgeting. Give her enough to cover her travel and eating and then anything else is a bonus. Make sure you prepare her for budgeting for food (eg. Take her food shopping a lot, teach her about the cheapest way to cook nutritious food - this will be the best way to get her money to go further.

Get her vouchers for her birthday and Christmas for clothes and make sure she has warm clothes etc. She will be fine and in my experience it will be good life experience for learning how to budget into adulthood.

Minimum maintenance loan, we pay £5000 to top up accommodation costs. We transfer £800 per month for living costs.

Mine gets only £4750 in maintenance so she's having that as her living and travel costs. Fees covered by loan. We're paying her rent, which includes bills (£700 a month 😫).

My ds will be eligible for the minimum loan, we'll be able to top up that by about £8k/year. He works pt during holidays and should have about £5k from that by the time he starts and he can top them up in the long holidays each year. I'm hoping that he doesn't have to work during term time.

We're fortunate in that we don't have a mortgage and earn £70k. It's still not easy as we're trying to get some savings behind us. Good luck OP.

£600, she has to pay the balance of her rent,and her utilities from that.

How rude!

We earn about 70k between us and our mortgage is £500. Run one car. No childcare costs. We have NOTHING left.