0191 209 4556
    Out of Office Hours  
  • For all emergencies call 07763 281 090

Archives by Month

Archives by Month

Student finance – What is it all about?

When it comes to student finance, it is a difficult topic to cover, but we are going to try our best and explain the tricky topic which is student finance.   Summary The maximum amount of tuition fee a university can charge is £9,250 a year. However, a university can charge any amount from free up to this amount, yet most universities charge around £9,000. Full time students starting in 2018 can apply for a maximum loan of £8,700, yet this is dependant of your household income. At the end of the three years, an average student will end up with around £50,000 worth of debt. Yet you won’t start repaying the debt off until you earn £25,000 each year. With repayments of 9% of anything above this. The loan will be cleared when you pay your debt off, or after 30 years, any outstanding debt is cleared.   Myths about tuition fees There are so many myths about tuition fees, so we thought we would put some of them to bed.   You have to be rich to go to university This is a total myth; the university is for all income families. This is why different students receive […]
    No Comments    Read More

Gender pay gap at Universities

For the first time ever, Universities have had to require their gender pay gap results as part of the government trying to crack down on this big issue. The data shows what was expected; with all universities apart from 3, paid men more than women. The majority of universities paid men more than women with a pay gap in double figures. Some as high as 37.4% difference. This came about due to the government stating that all businesses with employees over 250 have to state their gender pay gap. On average in this industry, the gender pay gap came to 18.4%. Compared to the national average of 9.7%%, it is almost double.     What is the gender pay gap? It is essential that it is not confused with equal pay. This is where men and women are being paid the same amount for the same job being done. However, this has been a legal requirement since 1970. Yet, gender pay gap is the difference between what men and women earn in an organisation or society as a whole.   Why is there gender pay gap? There are many different types of factors which affect this, whether it being senior […]
    No Comments    Read More

Useful tax guide for students

Some of the most important things in life are not taught to you. So we thought we would take it upon ourselves and tell you some of the basic tax facts which you need to know!   Not everyone pays tax Everyone in the UK is liable to pay tax, however not everyone is allegeable to pay it, take a look at these two points below.   Earn enough Only people who earn over the personal allowance will need to pay tax. If you do not earn enough, then you will not need to pay tax. At the start of every tax year the personal allowance is updated, with the tax year running from April to April.   Taxable and non-taxable income There are two types of income; taxable income and non-taxable income. See what the difference is below.   Taxable income This includes income such as wages, interest, job perks etc. Which means you will have to pay tax on this type of income.   Non-taxable income This is income such as your student finance package, including most bursaries, grants and scholarships. It also includes child tax credit and disability living allowance etc. Meaning this doesn’t count towards your […]
    No Comments    Read More

 

Search

Our Office

0191 209 4556

info@prem-lets.co.uk

Newcastle Student Housing
196 Heaton Road
Heaton
Newcastle-upon-Tyne
NE6 5HP

Opening Hours

  • Monday9am - 6.30pm
  • Tuesday9am - 6.30pm
  • Wednesday9am - 6.30pm
  • Thursday9am - 6.30pm
  • Friday9am - 5.30pm
  • Saturday10am - 4pm

Website Wriggle Marketing

MENU