University Costs?

Old Feb 11th 2014, 9:54 am
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Default Re: University Costs?

Originally Posted by Millhouse View Post
It is a condition of being an Oxbridge student that you are not allowed to work - get caught and you run the risk of being sent down. Very very few people broke that rule too.

Depends on the course as to how much spare time you get - We did 30 hours a week timetabled + 20 hours a week of homework. Homework normally took longer as I didn't understand a word of it.
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Old Feb 11th 2014, 11:21 am
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Default Re: University Costs?

Originally Posted by Millhouse View Post
so why did you (and I) study engineering?
Well I am speaking with the benefit of hindsight in my case. If I had to return and choose again, knowing what I know now, I would probably not choose engineering.
My choices at the time were law, engineering and pharmacy. I turned down pharmacy because I considered it boring, (it was my family's business so I had experience of this) and I turned down law because I didn't like the university.
So it was engineering by default.
I would choose pharmacy now.
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Old Feb 11th 2014, 11:53 am
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Default Re: University Costs?

Originally Posted by Brains1983 View Post
Pretty vague one here, since it's 16-18 years away yet...

I'm looking to start a savings plan now to cover the potential costs of sending 2 kids through University. On the basis they will stay in accommodation owned by us in the UK - what sort of numbers to you think I need to be working towards? Does 20k GBP p/year p/child for a 4 year course sound excessive or about right?

I thought I had mentioned it a couple of months ago, however I can't find the thread, maybe I didn't.

Cheers,
Brian
By the time your little angels are ready for university, 'savings plans' will be super-taxed........... I'm guessing at 60 pct.

Just open a basic deposit account and stick it in there.
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Old Feb 11th 2014, 5:40 pm
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Default Re: University Costs?

Originally Posted by The Dean View Post
Things I Didn't Know Until Today - No 457.
I'll give you another one (applies to Cambridge, not sure about Oxford) - you have to spend a certain number of nights within a certain radius of the city centre each term - failure to do so can lead to being sent down.

It was quite a small radius but was expanded to capture the 'new' colleges built on the outskirts of the city.

We had one guy (and Emirati, no less) who failed to meet this head-on-bed requirement as he spent all of his time in his London apartment. For some-reason he never got kicked out though.
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Old Feb 11th 2014, 5:54 pm
  #20  
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Default Re: University Costs?

Originally Posted by Millhouse View Post
I'll give you another one (applies to Cambridge, not sure about Oxford) - you have to spend a certain number of nights within a certain radius of the city centre each term - failure to do so can lead to being sent down.

It was quite a small radius but was expanded to capture the 'new' colleges built on the outskirts of the city.

We had one guy (and Emirati, no less) who failed to meet this head-on-bed requirement as he spent all of his time in his London apartment. For some-reason he never got kicked out though.
Jeez...Night porter clocks you in and out? CCTV? GPS inplant behind your left ear?
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Old Feb 11th 2014, 6:24 pm
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Default Re: University Costs?

Originally Posted by Bahtatboy View Post
Jeez...Night porter clocks you in and out? CCTV? GPS inplant behind your left ear?
in fairness, I have no idea. They didn't track it closely. More if you got grassed up or something.
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Old Feb 12th 2014, 12:15 am
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Default Re: University Costs?

My youngest son is studying at liverpool uni at the moment, he is on a four year veterinary science BVSc course, he qualified for a full student loan to cover the fees of 9k, and will have to pay this back once he receives a salary of 21k or above.
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Old Feb 12th 2014, 11:07 am
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Default Re: University Costs?

Originally Posted by Arcadia View Post
My youngest son is studying at liverpool uni at the moment, he is on a four year veterinary science BVSc course, he qualified for a full student loan to cover the fees of 9k, and will have to pay this back once he receives a salary of 21k or above.
......if he chooses to stay and work in the UK. Expats have a different payment plan.
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Old Feb 12th 2014, 6:26 pm
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Default Re: University Costs?

I have two at uni at the moment. Fees are 9k, accommodation in halls is £120 a week, we give them £350 each a month for baked beans and supernoodles
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Old Feb 13th 2014, 9:17 pm
  #25  
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Default Re: University Costs?

Originally Posted by Millhouse View Post
It is a condition of being an Oxbridge student that you are not allowed to work - get caught and you run the risk of being sent down. Very very few people broke that rule too.

Depends on the course as to how much spare time you get - We did 30 hours a week timetabled + 20 hours a week of homework. Homework normally took longer as I didn't understand a word of it.
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Old Feb 13th 2014, 9:25 pm
  #26  
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Default Re: University Costs?

Originally Posted by mikewot View Post
What are you looking to pay for? Tuition fees or everything including food and entertainment?
Personally I would be minded to let the kids get the loan to pay tuition fees because the interest makes it an incredibly cheap deal (assuming that this is available in x many years time) and your savings aren't going to attract that much interest. I would also be minded to make them get a PT job to help fund entertainment, because they need to learn the value of money and if everything is handed to them on a plate.... Also working is not a bad thing because uni courses have a lot of 'fat' built in so they're not going to be too stretched. My youngest went to St Andrews, worked in a video shop evenings/weekends (most of the staff were Uni students) and gained a first in English and Medieval History without breaking too much sweat.
Shouldn't they know the value of money before they are 17/18/19?
Don't you family guys do pocket money,chores and paper rounds?
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Old Feb 13th 2014, 9:58 pm
  #27  
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Default Re: University Costs?

Originally Posted by weasel decentral View Post
I don't think that's necessarily a good idea, all jobs are going to be a bore after a while. Why not pick the one that's going to be financially best, then at you have the money to enjoy your life after work.

Plus at 17 choosing university courses nobody has an idea of what the real life work environment is going to be like later.
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Old Feb 13th 2014, 10:09 pm
  #28  
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Default Re: University Costs?

Originally Posted by Millhouse View Post
in fairness, I have no idea. They didn't track it closely. More if you got grassed up or something.
That would have been the Bedellus(doing the grassing) not the NP.
We used to let him sniff underwear to get us outta shit.
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