mature student and single parent going to university. Financial advice please
26 August 2020 at 10:53 pm #43265
I’m 46 and I’ve just been offered a place at uni. I have a 12 year old son and wondered if there was any financial support I could get. At the moment I claim universal credit and work part time. I’m really worried I might not be able to afford to study.
Any advice would be great thank you 😊
Sherry27 August 2020 at 8:42 pm #43285
I did my degree 10 years ago at the time i was working part time, 16 hrs and over and i was studying full time. I used to get all my tax credits and wages plus my student loan and grant. I have never claimed housing or council tax benefit so i’m not sure how they would be affected by the extra money. I am starting my Masters this October and i get a postgraduate loan and grant on top of my full time wage and this doesn’t affect my tax credits in any way, i phoned the hmrc and checked. Universal credit might be a bit different though, I actually did my dissertation on the effect the change from tax credits to universal credit would have on families, i did a finance degree lol
Have you applied for your student loan yet?27 August 2020 at 8:58 pm #43287
Thank you for your reply. That’s great you we’re able to do your degree 😊 And all the very best with your masters 👍 I have just applied for student finance and I know it will take a few weeks to sort out. With me being on universal credit, I get a set amount each month which includes the housing element. I’m just not sure if my universal credit will stop if I become a full time student. If if does, then I won’t be able to go to uni as financially I won’t manage.
I’m due to start uni on 21st September but I’m really worried about my finances xx27 August 2020 at 9:22 pm #43288
My finance was approved pretty quick within two weeks so hopefully it will come through for you soon. The way i understand it the maintenance part you get paid will affect your universal credit look here for a rough idea http://www.gov.uk/guidance/universal-credit-and-students, they also mention special support loans and grants if you claim the housing element which won’t affect your universal credits.
If i were you i’d phone the finance people at the uni and the hmrc for advice so you can get a better idea. Uni’s have hardship grants and all sorts of things which may help.
Good luck27 August 2020 at 9:46 pm #43292
Thank you, I really do appreciate it. I’ll let you know how I get on 🤗 xx10 December 2020 at 9:13 pm #46819
I was just wondering how you got on in the end ? Are you at uni, I’m hoping to start the January intake but like you am terrified of the financial side of things, I hope things have worked out for you. X11 December 2020 at 9:19 am #46826
Hi, I’m Sandra – I’m one of the moderators. Different rules do apply for UC for single parents who are students so it might be worth calling our Gingerbread Helpline on 0808 802 0925 – they can do a calculation for your individual circumstances – best of luck with that, and with the studies!11 December 2020 at 10:11 am #46836
Hi, Thank you @ Jellybean and @Sandra. Well I have started uni. I am doing a psychology degree. It’s very hard as i haven’t been in education for 30 years, but I’m hoping I will be ok. Student finance were really good. So I get my student loan but because I am a single parent, I get a grant also. It’s still a struggle financially, but not as bad as I thought. @jellybean, if you need any help with student finance etc, please let me know if I can help. I might be able to point you in the right direction. And good luck with your studies 😊 xx