I have been offered a place on a full-time software development course which aims to have me job-ready by the end of the course. I know most of what they plan to teach me already so I am confident I will achieve their targets. Throughout the course, I get help building a portfolio, networking within the industry, and help with my CV. There is no guaranteed job at the end of it but I would get ongoing support with job searches, interviews and further developing my portfolio and industry connections.
The course is three months long and will mean I need to claim UC and contributions based JSA for three months which will leave us £1200 a month worse off.
If I do not find a job within 6 months the contributions-based JSA will end and we will be left with £700 a month to live off, out of which we will need to pay towards rent, along with all other bills excluding council tax. There is also no guarantee that any job (if I do get a job) will pay more than NMW, although it would be unusual for a junior developer job to pay NMW.
Or I can take the NMW job I have just been offered which after transport costs leaves us £800 a month worse off.
We already struggle some months and absolutely cannot afford to lose £1000 a month or more.
Do I take the course in the hope it leads to something better paid but with no guarantees or do I take the job which means we are guaranteed to be no less than £800 a month down?
I've also been accepted on a part-time software development course which teaches me the same things as the 3 month course and offers the same support but is a minium of 12 months long.