Frankie W

Finding Universal Credit a bag of frustrations again and it’s getting me down. Earlier this week I had a good call with a course leader for an online part-time Masters programme. It sounds like I’d be well placed to secure a place on the programme so excitement abounded only to come crashing down when I began looking into how Masters loans interact with Universal Credit. Frankly I couldn’t understand it, after initial devastation (lazily I relied on Google which was no help and suggested the whole loan would be treated as income despite most of it being used for tuition fees) I was relieved a little to see something about it only counting 30% as income in recognition that 70% (in reality more) goes on tuition fees. So are we back on? Am I about to embark on a 2 year online masters? We’ll see, I want confirmation of the rules and will have to work out what it would mean for my finances but it’s possible!