The Essential Guide to Paying for University: Effective Funding Strategies for Parents and Students

Copyright
......Page 5
Table of contents
......Page 6
Tables......Page 11
Introduction......Page 12
Part One How much does it cost?......Page 16
Understanding the background......Page 18
Knowing about fee levels......Page 19
Making payments......Page 21
Financial help with paying fees......Page 23
Part-time tuition fees......Page 25
Further information......Page 26
Further reading......Page 27
Knowing about costs......Page 28
Questions to ask when choosing accommodation......Page 35
Living at home......Page 39
Paying for food......Page 40
Paying for utilities......Page 41
Paying council tax......Page 44
Useful organisations......Page 46
Knowing what to buy......Page 47
Making the most of library resources......Page 48
Knowing about costs......Page 49
Using reading lists......Page 50
Summary......Page 52
Useful websites......Page 53
Knowing about entertainment costs......Page 54
Knowing about sports and leisure costs......Page 57
Knowing about costs for clubs and societies......Page 58
Knowing about costs off campus......Page 59
Paying for a TV licence......Page 60
Useful organisations......Page 62
Useful websites......Page 63
Knowing about the cost of field trips......Page 64
Knowing about the cost of study abroad......Page 66
Paying for passports and visas......Page 67
Buying an international student identity card......Page 68
Useful websites......Page 69
Further reading......Page 70
Using university equipment......Page 71
Buying your own IT equipment......Page 72
Paying for internet access......Page 74
Knowing about photocopying and printing costs......Page 77
IT costs for a full degree course......Page 79
Useful websites......Page 80
Weekly budget......Page 82
Annual budget......Page 84
Payment calendar......Page 86
Summary......Page 87
Useful websites......Page 88
Part Two What funds are available?......Page 90
Knowing about the types of funding......Page 92
Knowing about eligible courses......Page 95
Applying for government support......Page 96
Further information......Page 97
Useful websites......Page 98
Knowing about the types of funding......Page 100
Knowing about eligible courses......Page 104
Applying for government support......Page 105
Useful websites......Page 107
Knowing about the types of funding......Page 108
Knowing about eligible courses......Page 112
Applying for government support......Page 113
Summary......Page 114
Useful organisations......Page 115
Knowing about the types of funding......Page 116
Knowing about eligible courses......Page 121
Further information......Page 122
Useful organisations......Page 123
Useful websites......Page 124
Knowing about bursaries and scholarships......Page 125
Knowing about bursary levels......Page 126
Bursary administration......Page 139
Bursary take-up rates......Page 140
Useful organisations......Page 141
Further reading......Page 142
Knowing about the type and amount of funds......Page 143
Eligibility criteria......Page 144
Making an application......Page 145
Obtaining help after enrolment......Page 147
Useful organisations......Page 148
Further information......Page 149
Funding for teacher training......Page 150
Funding for healthcare courses......Page 157
Funding for dance and drama courses......Page 159
Funding for social work courses......Page 160
Funding for fine and performing arts......Page 161
Obtaining financial help for study abroad......Page 162
Summary......Page 163
Further information......Page 164
Useful organisations......Page 166
Useful websites......Page 169
Government funding for adult students......Page 171
Adult education bursaries......Page 175
Trade union funding......Page 178
Receiving tax credits......Page 180
Receiving benefits......Page 181
Further information......Page 183
Useful organisations......Page 184
Useful websites......Page 186
Knowing what is available......Page 187
Knowing when and how to apply......Page 191
Raising levels of success......Page 192
Overview of funding in the United Kingdom......Page 193
Summary......Page 196
Part Three How can I pay, as a parent?......Page 198
Understanding the parental contribution......Page 200
Making financial gifts to your child......Page 202
Ensuring take-up of statutory support......Page 204
Helping with costs......Page 205
Tips from parents......Page 207
Useful websites......Page 208
When to start investing......Page 210
Investing in Child Trust Fund accounts......Page 211
Investing in children’s savings accounts......Page 212
Investing in children’s bonds......Page 213
Maximising your investment......Page 214
Protecting your investment......Page 215
Summary......Page 217
Useful websites......Page 218
When to start investing......Page 219
Investing in National Savings and Investments......Page 220
Investing in individual savings accounts......Page 222
Protecting your investment......Page 224
Understanding tax issues......Page 225
Summary......Page 226
Buying a second property......Page 227
Buying a property for your student child......Page 229
Investing in buy-to-let......Page 230
Choosing the right property......Page 233
Maximising returns......Page 234
Knowing about tax implications......Page 235
Avoiding pitfalls......Page 237
Summary......Page 238
Further information......Page 239
Downsizing......Page 240
Releasing equity in your home......Page 242
Remortgaging your home......Page 244
Understanding tax implications......Page 245
Summary......Page 246
Useful organisations......Page 247
Useful websites......Page 249
Part Four How can I pay, as a student?......Page 250
Knowing about types of work......Page 252
Knowing about salary levels......Page 254
Paying tax......Page 255
Paying National Insurance......Page 256
Saving your wages......Page 257
Useful websites......Page 258
Knowing about student employment services......Page 260
Knowing about types of work......Page 261
Knowing about salary levels......Page 263
Paying income tax......Page 264
Summary......Page 267
Useful websites......Page 268
Sponsorship for sports......Page 269
Company sponsorship......Page 272
Armed Services sponsorship......Page 274
Useful websites......Page 278
Obtaining money from trusts and charities......Page 280
The Helena Kennedy Foundation......Page 281
The Leverhulme Trade Charities Trust......Page 282
The Gilchrist Education Trust......Page 283
Further information......Page 284
Useful organisations......Page 285
Useful websites......Page 286
Assessing the feasibility......Page 287
Developing your idea......Page 289
Deciding how to trade......Page 290
Sorting out your finances......Page 291
Understanding tax implications......Page 293
Building your business......Page 294
Managing work and study......Page 296
Useful organisations......Page 297
Useful websites......Page 298
Reducing expenditure on accommodation......Page 299
Reducing expenditure on utilities......Page 301
Reducing the cost of travel......Page 302
Reducing the cost of course materials, books and stationery......Page 303
Reducing your spending on entertainment and social activities......Page 304
Knowing how to budget......Page 305
Managing your money......Page 307
Further information......Page 310
Useful websites......Page 311
Appendix 1: Case studies......Page 312
Appendix 2: Budget planner......Page 316
Appendix 3: Graduate employment opportunities and wages......Page 318
Useful websites......Page 323
Useful organisations......Page 328
Index......Page 338
Index of advertisers......Page 344