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Student finance survey

Back in March we surveyed our student members to find out how they feel about debt, fees and finance. The results are interesting and alarming in places. Click on the link below to take you to the press release if you want more information.

1.      Have you received a bursary/grant/golden hello to help you with your course?

Yes

65%

No

35%

2.      Do you pay top-up fees?

Yes

40.3%

No

42.9%

Not applicable

16.8%

3.      Did you start teacher training earlier than intended to avoid paying top-up fees?

Yes

6.2%

No

62%

Not applicable

31.8%

4.      Would paying top-up fees have affected your decision to undertake teacher training?

Yes

43.7%

No

37.8%

Not applicable

18.5%

5.      Do you have a paid job in addition to teacher training?

Yes

33.7%

No

66.3%

6.      On average, how many hours a week do you spend in paid employment on top of your teacher training commitments?

10 hours or less

54.2%

11-20 hours

35.8%

21 hours+

10%

7.      Has being in paid employment had a detrimental effect on:

Your studies

68.1%

Your energy levels

89.3%

Your social life

74.5%

Family relationships

40.6%

Other

6.9%

8.      Do you receive any financial assistance from your parents or guardians?

Yes

28.7%

No

64.1%

Not applicable

7.2%

9.      How much debt do you estimate you will have when you have completed your studies?

None

8.7%

£1-£5,000

12.5%

£5,000-£10,000

14.4%

£10,000-£15,000

24.4%

£15,000-£20,000

24.9%

£20,000+

15.1%

10.  How long do you estimate it will take you to pay off?

Not applicable

9.5%

1 year or less

3.5%

1-5 years

19.8%

6-10 years

27.1%

11-15 years

16.6%

16 years+

23.5%

11.  Do you have any regrets about starting teacher training because of finances?

Yes

16.1%

No

69%

Don’t know

14.9%

12.  Do you know of anyone who has NOT pursued teacher training for financial reasons?

Yes

45.7%

No

54.3%

13.  Do you know of anyone that has dropped out of teacher training for financial reasons?

Yes

38.3%

No

61.7%

ATL survey - student teachers turned off by top-up fees