(06-10-2023, 11:15 AM)sarahmac Wrote:(06-07-2023, 04:30 AM)HVzR5 Wrote: Have you explored the potential financial support? Normally people doing a Master's in the UK, depending on where they live, either get free tuition(like Scotland), or some kind of bursary and education loan. I think some of my friends got like 9000/year maintenance grants to support their Master's studies.
This is a little off. UK students can get loans, but those have to be repaid. Plus the maintenance grants are gone. It's all loan.
The repayment rates are high because they're income linked, and for many people, it can end up being over 200 GBP a month. This matters because of how the loans are structured. If you earn more, you not only repay more but the interest rate is higher so the principal is inflated proportionally. It's called a loan, but it is effectively a graduate tax and most people never pay it off until they hit the 30-year mark, and it's canceled. It's designed that way.
Considering this person is looking for cheaper sub 2k masters, getting into a situation where they're paying over 2k a year for the next few decades is probably not optimal. They'd be better off setting the money aside for a few years, as though they were making Student Loans Company repayments, and then paying in cash.
Strongly recommend doing some type of OTHM qual then a top-up Master. The OTHM may even be sufficient for the Australian's since they are OFQAL regulated. They're vocational-type degree equivalents, and you can often use experience to skip the level 5 or 6 if they're related to your job. Meaning you could dive straight in at the masters level 7.
Also talk to your bosses because many people in the UK get these sponsored.
Here's a list of which ones can be used to progress to which top-up uni courses, all of which are generally taught via distance learning. You'll have to check each uni for fees, but most come in under the 5k mark, and many in the 2-3k range:
https://othm.org.uk/university-progression.html
Since I don't know what your field is, here's an example:
OTHM Level 7 Diploma in Human Resource Management
Go to this page and fill in your city and country: https://othm.org.uk/listing.aspx and pick a college that offers it
Say I'm London and I pick this one: https://lcps.org.uk/course/othm-level-7-...anagement/
I do the 6 month fast track online option for 950
then apply to this: https://www.northampton.ac.uk/courses/hu...-topup-ma/
Total cost is 3200, even if my job didn't cover the OTHM qual. Which again, many will.
Haha it still like free money for someone from Canada, compared with our loan system or especially American's. And sad to know those maintenance grands are gone in England, hope it's different in Scotland and Wales.
BTW the level 7 diploma+degree top-up sounds like a very interesting way to enrich my degree collection. Now thinking about doing the finance and accounting one even I'm not gonna work in the field lol.
BEng(Mcgill) BSc(Lond.) MPhil(UCL)
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MA(Athabasca)
MBA (ENEB/UE1)
Masters in Big Data and Business Intelligence (ENEB/UE1) - in progress
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Planning:
BA History/ Anthropology/ Archeology
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MA(Athabasca)
MBA (ENEB/UE1)
Masters in Big Data and Business Intelligence (ENEB/UE1) - in progress
-----------------------------------------------------------------------------------------
Planning:
BA History/ Anthropology/ Archeology