Frequent readers here will probably know that I will soon be heading off for Uni, leaving my life of luxury behind me to be replaced with eating cold baked bean sandwiches off a mouse mat. I was hoping to quit my current shitty job in order to just relax and enjoy my first year at uni without too much hassle. This morning however, I finally got through my letter about the total amount being lent to me for my student finances.
“Shit me, that’s alot of money.”
This is pretty much what came into my head when I saw the amount. I don’t want to say how much cash I’m getting because as an English Gentleman, I don’t talk about money. But to give you a basic idea, it’s somewhere between £5,000 and £10,000. And this is just for my first year! This massive number on the piece of paper by far towers any amount of money I’ve ever had. Since I’ve been working since I was 16 (nearly 3 years now) I have quite a bit of money and didn’t think I had too much to worry about. But what that number told me is that I can’t afford to quit my job. When I leave uni in 3 years time (maybe 4 if I do a placement year), I’m going to lumped with a loan in excess of £25,000. In my eyes, the difference between working 8 hours a week on a saturday for £180+ every 4 weeks and not working is massive. Over 3 years, that’s just over £7,000, quite a dent to the loan.
But in all seriousness, i’m not even sure how well the loan will actually pay for food etc. From my older brother’s experience along with his friends’, the student loan won’t seriously be enough to keep me fed. Having a job is almost looking like a necessity for anyone going to Uni that isn’t loaded. Today has been a wake up call for me and I think I needed it. Surely it won’t be ideal to have to work, but in the long run, it’s more than ideal.