Total cost of Uni over these days?

Booner!

Booner!

Booner!

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So how much approximately does it cost to do a 3/4 year course at university these days then.

Im going to do a 4 year course at hertfordshire with a year in industry on salary.

im assuming that rent is £70 x 42 weeks = ~£3000 a year for 3 years

Course is £3000 a year aswell for 3 (or four cause of placement?) years

living costs at £100? a week x 42 = £4200

£30,600 Does that sound right? :confused:

And the rest - additional costs i am missing?

How does that compare with others?
 
Dunno. Sounds pretty reasonable. I know people who are coming out with that amount.

Hell, my student loan is 12k just on it's own come the end of it :)
 
yeah im trying to budget the total cost and then i need to know what the routes of funding i can get together.

Loan?
grants?
my own cash

etc
 
£282 a month rent
-£3384 year x 3 = £10152


living costs vary from £50 a week to £250+
£15600 for 3 years at £100/week

max loan
no tuition fees

apply for a free hardship loan, my mate did and got £1400 for free

-save money before uni!
 
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Im coming out of uni (this is my last year) with just under £9k in debt to the student loan company and have paid in the region of £2500 a year on rent. I can easily live on £40 (if not less) a week if im drinking not too much. Remeber im in scotland so my tution fees are paid for me until i leave uni, where i have some sort of bill to pay off, can't remeber what it's called. All my bills apart from my phone line and internet are covered in my rent.
 
Booner! said:
where, what, why, when, how? etc lol :p
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where -from hardship loads or something
why -u dont have to pay it back
when -final year
how -a fair bit of messing about, they need to see bank statements to check money going in is nil and out is a lot!
 
i anticipate at the end of my course i will be......

3x3300 student loan
2x1200 tuition fee loan

= £12300 in debt.

Hopefully my overdraft of £1400 will be clear by then as i will be on fairly good money at my job and have reduced spendings drastically, plus i dont have a credit card so its not as bad as some people who come out with like 18k+ debts.

Obviouslyi would have less debt if i didnt take the tuition fee loan but i hate the fact that i have to pay £1200 out of my own money when some so and so whos parents have split up gets it all paid for them so i might aswell get it through a loan and pay it back in years to come.
 
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Booner! said:
living costs at £100? a week x 42 = £4200

And the rest - additional costs i am missing?

How does that compare with others?
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£100 a week living costs excluding rent? You planning on champagne and caviar every day?:) As a low income student you really should be looking to halve that.

Costs you are missing are generally one-offs like books, insurance, tv license etc. Transport can be an issue depending on where you end up living.

I went to uni from 1998-2001 so it's difficult to compare given that fees and rent were lower then. I graduated with a student loan of around £10k, but then I still had around £6k in ISAs IIRC. Total cost was probably something around the £10k mark over the 3 years.
 
sr4470 said:
Been like that since 1998.
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Not quite for some people at least, as in 1998 there was still a grant (albeit reduced) and fees above £1k/year were very uncommon. Cost of living was obviously lower then too.
 
HangTime said:
Not quite for some people at least, as in 1998 there was still a grant (albeit reduced)
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Still is now, for low income families\students.

HangTime said:
and fees above £1k/year were very uncommon. Cost of living was obviously lower then too.
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Yes, inflation and house prices have had their effect, but this isnt specific to students. Obviously this year's increased fees are making it even worse.
 
sr4470 said:
Still is now, for low income families\students.
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Well, my point was that attending uni in 1998 wasn't as expensive as it has become now for some people. For example I received a grant in 1998-9 when they were being phased out, but not in the following years (no change in circumstances).

Yes, inflation and house prices have had their effect, but this isnt specific to students. Obviously this year's increased fees are making it even worse.
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Yeah, it's not specific to students, but what I'm getting at is that for most students, debt hasn't been £30k since 1998.
 
HangTime said:
Well, my point was that attending uni in 1998 wasn't as expensive as it has become now for some people. For example I received a grant in 1998-9 when they were being phased out, but not in the following years (no change in circumstances).

Yeah, it's not specific to students, but what I'm getting at is that for most students, debt hasn't been £30k since 1998.
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You're right, it wasnt a sudden change, however people only really started paying for uni beginning in 98, and its gotten exponentially more costly since then.
 
Whatever I got for low income only excused some of the tuition fees. The loan only covered my rent,

after that i struggled and had to drop out at that point.

The system in the UK needs sorting out right now
 
Booner! said:
So how much approximately does it cost to do a 3/4 year course at university these days then.

Im going to do a 4 year course at hertfordshire with a year in industry on salary.

im assuming that rent is £70 x 42 weeks = ~£3000 a year for 3 years

Course is £3000 a year aswell for 3 (or four cause of placement?) years

living costs at £100? a week x 42 = £4200

£30,600 Does that sound right? :confused:

And the rest - additional costs i am missing?

How does that compare with others?
Click to expand...

For me, I've had a massive amount of help from my parents, they've paid my fees.

Over last year, my second year living in student house, I probably was spending around £1000-£1200 a 11 week term, excluding rent / utilities etc. I did spend a bit on other stuff like Go-Karting society stuff etc, and other things that were essential to enjoy myself over uni.

Don't presume you'll be doing a 42 week uni course, it's more like 30, depending on uni of course, at the most, I have 2x 11 week teaching terms then 6 weeks of exam time, and over exams you hardly spend anything usually as you're (supposed to be) revising. You usually have 4 weeks off for christmas and Easter (again depending on uni), so you'll have time to work or go home and live off parents during this time, as a lot of people generally go home at these times as nobody is around. This saves you money there. Then it comes to the summer when you get 3+ months off, that's plenty of time to get a job and pay off or save money for your uni life.

Most of the time if you do a placement year as well, you can be asked to pay half-fees for the year, as you'll still be a registered student, and will likely have to do uni work over the year to do with placement projects.

With tuition fees and student loan, you'll have all your life to pay that off when you start earning over £15,000 after graduation, and you'll only be paying that off when earning. Generally student loans are a little better than a normal bank loan, and out of your wages, it's not a massive dent in your pay, but will depend on your salary.

Don't let the huge numbers scare you off, as if you truly want to develop yourself socially and acedemically, Uni is a great experience, but it's not for everybody.
 
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