Showing posts with label Money. Show all posts

Our Family Supper 2015 (#FamSup15)



...Continued from part one.

How do I Pay?
SAM's from NTU and UoN
Any loan – tuition and / or maintenance – that the student has taken out will have to be paid back after the student has graduated and is earning above a specific wage, currently this is £21,000 per year before tax. The repayments are taken straight out of a student’s wage at the same time as tax and national insurance as the loan is linked to the individuals national insurance number. As this is a loan there interest applied to it. All outstanding monies will be written off after 30 years.

How does the uni spend my money?
So where does the £9,000 go? The tuition fee from each student goes into the running of the university they attend. This may be partially into wages, services such as catering and the estate itself with the repair and refurbishment of buildings and facilities. 

Higher education is not just for 18-year-olds!: 3 University Myths Uncovered


If someone was asked to envisage a university student, most of us would picture a privileged but inexperienced 18 year old, fresh out of A-Levels… As a result, a number of myths have grown around higher education (HE) which are putting many people off finding out more about HE study, causing them then to miss out on the many benefits it might offer them! Here are just 3 common examples:


1.)      ‘Higher education is just for 18 year olds’: The reality is that universities have always had a significant proportion of more ‘adult’ learners making up their student population. Large numbers of students balance full, or part-time work alongside study, have partners and/or children, and even careers already in place which they are either looking to boost through increased skills and qualifications, or to move into a completely new area. Other students have simply decided to take a break from learning before re-visiting the idea at a later stage. University courses are there to benefit people at ANY age.