Monday 26 October 2009

Statment take two.

Ok this isn't all me. most of it is dad(homer) changing it to make it sounds how it should. So just to give you an idea of what i was asked, this is the question on the access to learning fund.

"Please state why you are in financial difficulty and why you believe your situation to be exceptional, and to merit additional support. please indicate what you would like help paying I.E course costs,childcare,rent arrears etc."

And here is what my dads written in answer:

"Before I started at University I was working for Maplin Electronics, Ipswich for over a year, on a part-time basis. A few weeks before I left to go to University I took out a contract with Vodafone for £35 a month, as I felt it was something I could afford to do at the time. This was a contract for 18 months, and I thought I could pay it back once I got a job in Bolton. However jobs have been incredibly hard to get since the recession started, and to date I still haven’t managed to secure one despite putting my CV out to a number of potential employers. The result was I couldn’t service my Vodafone contract and ended up in an indebted position with Vodafone to the tune of £424.

In the same month that I took out the Vodafone contract I also entered into a “buy now pay 6 in months” deal with Argos, using the same logic as I had when I took out the Vodafone contract, which I have also been unable to service, and now have a similar indebted situation with them.

In the course of trying to service the above costs I was forced into acquiring a laptop computer, as my course deemed it necessary for me to have one, and my PC was starting to play up, and doing Computer Game Programming I could not afford to be without a computer of some description. This cost me £700 and took up a lot of my student loan; fortunately my parents were able to support me after Christmas by covering my accommodation fees and this at least allowed me to complete my first year without starving.

As I am now in 2nd year my costs have increased, having moved away from halls of residence, and the student loan it is only sufficient to pay for my rent and groceries.

Now after a year of stupidly ignoring the companies I owed money to (thinking they would go away) I am currently living on not much more than £10 a week trying to keep them from taking legal action against me.

My father’s job is currently under threat of redundancy, and my mother’s small business is struggling to survive the recession, so I cannot depend on them for financial support at this time, especially as my sister is also at University in her final year at Liverpool."

now based on the question asked io think that covers most of it. Obviously i need to indicate what i want them to pay. Also on the form it says i can take out up to £3500 each academic year. i am thinking no more than £1,500. About £1000 to debt. then £500 for food and general necessities.



4 comments:

Amanda said...

Fab, looks good, but you probably need to get some one who knows something to comment.

Shani said...

This looks good, butI would go down the route of

"Before I started at University, I had regular income which I could rely upon, and as there had been no indication of the dramatic bank collapses and ensuing recession at this point, felt it reasonably certain I would be able to obtain this kind of financial security when I moved to Bolton.

On this basis I entered into a number of contracts (outlined in attached schedule)which I felt I could reasonably maintain payments on.

As you are aware, jobs are now difficult to obtain for permanent full-tinme staff, and potential employers are not taking on labour such as myself, as we are no longer the attractive option.

Therefore I have been unable to service the loan agrements that that I had entered into.

This has led to further indebtedness, and a chain of events involving [and then go into why you bought which thing, where and why and how]

At this point, I was still able to count upon the financial support and backing of my parents, but unfortunately their financial security and cashflow has been seriously affected by the same economic crisis, and they have had to remove that support.

They are doubly stretched in that I have a sibling also at University.

I have now reached the situation where I am [ and spell it out in detail where your money is going on] and I believe my circumstances are the kind of circumstances which are exceptional and could not have been reasonably predicted.

Therefore I would like you to consider....[ and then say what where and how]

does that help?

Shani said...

oh would also mention that you have now taken advice, or in the process of, on how to mitigate the loans, and to manage the situation on an ongoing basis...

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