Why I didn’t take the Maintenance Loan in my first year of University

Hello everyone and welcome back to a new post on my blog. As I said I’ll post every Wednesday, Thursday and Friday about how Life in England is, University and other general stuff based on my experiences. I’ve got a question from one of you about Maintenance Loan, and today I’m going to discuss: Why I didn’t take the Maintenance Loan in my first year of University. These are my reasons and maybe you’ll think the same after you read this article.

Why I didn’t take the Maintenance Loan in my First year of University

‘You might think that you need that Loan because you need lots of money, you don’t.’ Daniela, 2018 (Have a laugh) 😉

– It is true that England is expensive: accommodation, food, trips, shopping, nights out etc. But if you know how to save and spend your money that will be no problem. Tomorrow’s post will be about Tips and Tricks how to save money and spend less.

*** Reposting this article, with some changes. I want to thank a girl who gave me feedback on my post, I’ve written some wrong information and I’m changing them now based on more research and not listening what other people say just to make you think that you need to do that and that to get the loan. Maintenance Loan is based on household income as you need to prove your household income for at least three years. So basically for me, it is impossible to get the loan in my first year of University as I came here in August 2017. Based on this information I will give you some reasons about why I didn’t take it or I wouldn’t take it even if I could:***

  1. Having a job that means you get money even weekly even monthly which are around £600 per month in total.
  2. If you get the loan,  I’m not saying you might quit your job after you get the loan (cause you’ll have money) but, you’ll never know, unexpected happens, so try to save some.
  3. I don’t feel comfortable having another loan on my head: Having the £9250/ year (University) and another up £6000 (I don’t know exactly how much)? No thank you. Mentally I can’t.
  4. I don’t need it: I get from my job around £650 per month which is more than enough having my money spend as £300 on my rent, let’s say £50-£70 food & going out, and rest… don’t ask me, I really don’t know.

If you don’t feel the same as me then I’ll explain to you what you need to do for getting the Maintenance  Loan: Why I didn’t take the Maintenance Loan in my First year of University

  1. You need to live in England for at least three years
  2. You need to prove your house incomes for three years before your first day of University
  3. Research before getting the loan about other opportunities
  4. Analyse every situation you could be in With or Without the Loan
  5. Save some money for later, just in case.

Thank you for reading this article, if you have any other questions I’m more than happy to discuss them with you in a future article. I hope you find this article useful and you might realise some things. Don’t forget, tomorrow’s article will be about Apps a student must have.  And Friday’s article will be What kind of place can you live in during University years. See you soon. Don’t forget you can follow me on Instagram for daily posts and on Facebook.

One Response to Why I didn’t take the Maintenance Loan in my first year of University

  • Hey, hey!

    I would like to come this year for a master degree in UK, Sheffield. I’m full of questions, even though now I feel like knowing everything. :)))
    I would like to know how did you find your first job: is was through an agency, did you sent the resume directly to the company? Did you get the job while you were still in Romania or after you arrived there?
    What were the greatest challenges in University? What’s different from our system?
    Thank you in advance, I find your blog very useful! ❤

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Un blog cu "de toate". Scriem despre ce ne taie capul, ce gasim interesant pe internet si impresii de calatorie. Un blog cu multe fotografii. Ajuta-ne cu Like si Share :)
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