StudentShare solutions
Triangle menu

Assignment Example

Nobody downloaded yet

Extract of sample

Applying the above theory to this coursework discourse, we can also assert that students have an expectation of what studying in the UK institutions should offer them. On the issue of studying in the United Kingdom, this present coursework mainly intends to investigate the extent to which students have become aware of financial issues that are faced with students who are joining universities. Therefore, the coursework will give information and advice on what first year undergraduate should expect to spend their money on when they arrive at the university and a rough estimate of these costs. Additionally, the coursework will highlight on the sources of finance that are available to students. Students’ expenditure budget According to Davey (2008), students learning at UK institutions are faced with a budget as they are supposed to cater for their needs and cover their own expenses, this more in particular for students are boarding at their learning institutions. Therefore, for first year undergraduate students the first thing that they should learn is financial management and proper budgeting in order to go through the entire term without financial hurdles and be able to fully concentrate on their studies. Among the common expenditure that students are faced with, include rent, food, communication (mobile/ internet), student supplies, council tax, transport, utilities, and banking charges such as opening a UK account. Estimate of a student budget For first year students who are going to undertake a course that runs for three years, the common budget estimates are presented in the table below. A 3 years course Amount in GBP Annual fees 2500 The living costs Books 62 Clothes 178 Concerts/ cinema 50 Travel home 50 Monthly expenditure Rent 340 Bar/restaurant bills 77 Food 130 Mobile phone 36 Transport 12 Shopping 69 Households bills 65 Other miscellaneous 20 Total Amount 37, 524 Based on this total amount that students will spend for their entire 3 years course, the annual amount that students will be required to have is 12508, on per term basis the required amount is 4168.33 while on monthly basis it is 1042.33. Evans (2011) stated that for students studying in the UK, there are various sources of finance that they can exploit in order to cover for their expenses and this excluded funds that can be provided for by their parents or guardians. Among the available sources, include student loans, grants that are offered annually, earning from part-time work, and holiday jobs. The estimate amounts that students could generate from these sources are as follows; Students’ possible income Student loan plus grant per year 6000 Part-time work 60 Holiday jobs 2500 Total 8560 The annual expenditure budget for students as it was noted was 12,508 and the rough estimates for students’ possible income per year is 8560 in total. Therefore, it means that on annual basis students will have a shortfall of 3948. This shortfall could either be covered by a funds received from parents or income earned from additional part time jobs and holidays jobs. However, it is of essence to note that for students to engage too much in jobs is highly likely to interfere with their education and they may end up have dwindling performances. The other key expense that was not included on the budget is healthcare costs for the students. This was intentionally excluded because of the fact that healthcare cost for students is also charged as part of the total school fees, ...Show more

Summary

Studying in the UK Introduction Throughout history, people have often been motivated to decide and choose based on their expectation of various benefits and outcomes. In fact, before any effort is made, a person often considers the probability of that effort yielding the desired or expected outcome…
Author : oconnellcassidy
Assignment essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Assignment"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Assignment
Coping strategies differ with personal attributes, situational factors and availability of these strategies to expatriates. On this basis, authors have tried to determine how time of
3 pages (750 words) Assignment
Assignment
Key Alternatives: Andreas can choose between to leave the job and hunt for a new job with similar position in other companies while looking after his family including children and parents. Or else he could
1 pages (250 words) Assignment
Assignment
CEOs are not solely responsible for the company’s liabilities, since they are part of its staff. Thus, such CEOs should receive their full payment according to
1 pages (250 words) Assignment
Assignment
Ryan is supposed to pay the Company because he had breached a contract. In respect of Restatement (Second) of Contract 241 (1981) clause the case has all elements of breach of contract. Mr. Ryan will have to pay the Company 10 % plus the
1 pages (250 words) Assignment
Assignment
Today’s families are filled with tension because women are more financial stable, and the society is inclusive (Lamanna & Riedmann, 2011). There is no longer generativity in today’s
1 pages (250 words) Assignment
ASSIGNMENT
tical risk arises from the fact that a sovereign country can change the “rules of the game” and the affected parties may not have effective recourse” (Eun and Resnick). The post of Susan is correct and she has also provided the definition of expropriation, which strongly
1 pages (250 words) Assignment
Assignment
Molecules at S0, S1, and S2 have distinguishing characteristics. It can also be studied in an ESP spectroscopy. It involves electronically exciting and quenching a molecule. Polarization helps in identification of
1 pages (250 words) Assignment
Assignment
From the two investment projects being considered by Canadian Metal Company, both have a positive net present value therefore in this case the investment that should be made is the one with a higher net present value which is the oil
1 pages (250 words) Assignment
Assignment
" Issue: The legal question that was asked was whether Price Waterhouse had a valid reason for refusing Ann Hopkins a endorsement
1 pages (250 words) Assignment
Assignment
may have cash tied in global sales hence increase the company’s borrowing base by considering the inventory and raw materials (Ambrose, Cheng & King, 2010). A good example is the Export-Import Bank of the United States, which is the official export credit bank in the U.S. Some
1 pages (250 words) Assignment
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment