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Ep 69 - Student Living Costs
Manage episode 401249893 series 3426902
Lindsay Cook & Glen Thompsett, Lindsay Cook, and Glen Thompsett द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Lindsay Cook & Glen Thompsett, Lindsay Cook, and Glen Thompsett या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Succeeding in your A level exams is vital for the school students wanting to go to university this autumn. But almost as important, as their studies, is working out how they will afford to live whilst they are at university.
The government has increased maintenance loans for undergraduates by 2.5% for students going to university this autumn. This comes after a 2.8% increase last year and two years of rapidly rising living costs.
Parents are not told how much they should contribute towards their children's living costs, but families with an income above £25,000 are on the hook for cash help even though their living costs have risen faster than their incomes.
The threshold for parental contribution to student living costs has not been increased more than 15 years.
This means that both parents and their children are likley to have difficulty funding university life.
So now is the time to start for families to have honest conversations and to work out how they will manage to fund university life without getting into debt.
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