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Is University Worth It? Earning Potential, Learning Opportunities, and Quality of Courses

Explore the benefits and drawbacks of attending university, from the potential for higher earning to the quality of courses offered. Discover how to choose the right university and navigate the application process.

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Is University Worth It? Earning Potential, Learning Opportunities, and Quality of Courses

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  1. Yr 14 Careers @ Slemish Applying to University 2015

  2. True or False? • BA Adventure recreation • BA Surf Science and Technology • BA Viticulture and oenology • BA Special effects • BSc Dairy herd management • BA Packaging design • BA Football studies • BSc Business economics with gambling studies • BSc Disaster management • BA Viking studies

  3. Is University worth it? Approx cost of a 3 year degree outside NI = £40,000 Approx cost of 3 year degree in NI = £20, 000

  4. Is University worth it? YES / NO

  5. Earning opportunity - The average lifetime earnings of a graduate are £227,000 more than those of a non-graduate with two A-levels. Learning Opportunity - The opportunity to learn, develop and think where you want to go. Is University worth it? YES / NO

  6. Lack of self motivation Irrelevant course Poor quality course Is University worth it? YES / NO

  7. ONS – 2013 Headline Figures http://www.ons.gov.uk/ons/dcp171776_337841.pdf • In April to June 2013 graduates were more likely to be employed than those who left education with qualifications of a lower standard. • Non-graduates aged 21 to 30 have consistently higher unemployment rates than all other groups. • Non-graduates aged 21 to 30 have much higher inactivity rates than recent graduates. • Graduates were more likely to work in high skilled posts than non-graduates. • Graduates from the top UK universities earned more than graduates from other UK universities.

  8. Top 10 recruited for Industries in NI 2013 (as per survey by Manpower Recruitment) IT Engineering Accountancy & Finance Pharmaceutical & Science Public Sector Manufacturing Sales Banking, Financial Services & Insurance Secretarial & Administration Construction & Architecture

  9. Trend in Qualifications Demandby Employers (2000-2020) Forecast

  10. Choose wisely?

  11. You can have up to 5 choices

  12. Who’s in the Russell Group? London School of Economics & Political Science University of Manchester Newcastle University University of Nottingham University of Oxford Queen Mary, University of London Queen's University Belfast University of Sheffield University of Southampton University College London University of Warwick University of York • University of Birmingham • University of Bristol • University of Cambridge • Cardiff University • Durham University • University of Edinburgh • University of Exeter • University of Glasgow • Imperial College London • King's College London • University of Leeds • University of Liverpool

  13. How do you apply? • UCAS (www.ucas.com ) • CAO (www.cao.ie) • A few institutions are direct entry (www.stmarys-belfast.ac.uk) • Many European countries charge lower tuition fees than the UK (www.studyineurope.eu)

  14. UCAS (Scottish /NI /English Universities) Step 1 – Choose 5 courses/universities • Quality/relevance of courses.(Times good uni guide) • Selection of similar courses. • Quality of the university. • Places they want to live. • Realistic and spread of grades.

  15. UCAS (Scottish /NI /English Universities) Step 2 – Craft a Personal Statement • Justify course choice (very important for a vocational course) • Work experience. • Activities inside & outside school. • Positions of responsibility. • Concluding statement.

  16. UCAS (Scottish /NI /English Universities) Step 3 – Complete online form, pay and send. (www.ucas.com - £23 paid online) • The forms will be checked by a member of staff. • References and predicted grades added. • Students finalise forms before being sent to universities.

  17. UCAS (Scottish /NI /English Universities) Step 4 – Offers received • Universities will make offers either BBB or 300 UCAS points. • High demand courses may request portfolios or interviews. • Students choose a 1st Choice (Firm), 2nd Choice (Insurance). (A*= 140 A=120, B=100,C=80, D=60, E=40)

  18. UCAS (Scottish /NI /English Universities) Step 5 – Paying for University • All university must provide additional financial support – see individual Universities. • Scholarships are available (particularly in engineering and IT). • Health Professional Degrees (S&LT, OT, Radiography etc) can have fees paid if pupil is accepted on NHS funded place.

  19. Total £47,340 A UU 3 year degree costs… £60-175 pw for accommodation approx £3805 per year for tuition fees £9000 per year for tuition fees Approx £63 pw accommodation £1890 pa £4,840 for 3 years A full fee UK 3 year degree costs….. Total Approx £25,345

  20. Placement years are partially funded to cover cost of tutor visits.

  21. UCAS (Scottish /NI /English Universities) Step 5 – Paying for University • *(All students will be eligible for a non-means tested loan to pay for tuition fees. • Paid back when students earns over £17,335 at a rate of 9% of income

  22. UCAS (Scottish /NI /English Universities) Step 5 – Paying for University • *(Paid back when students earns over £17,335 at a rate of 9% above this amount.

  23. UCAS (Scottish /NI /English Universities) Step 5 – Paying for University • *(This does not need to be paid back.

  24. You can calculate projected earnings Student Finance NI - Loan repayment

  25. UCAS application Timetable (£23)

  26. CAO (Irish Universities) www.cao.ie Advantages • Tuition fees are not charged in the ROI. All students pay a contribution charge. For the academic year 2015/2016 this is €3,000. Students will receive sterling value of £2,420.40 http://www.nidirect.gov.uk/tuition-fees-for-academic-year • No personal statement or reference. • Closing date of early February • No conditional offers – selection by order of preference and results in August.

  27. European Universities http://www.studyinholland.co.uk/tuition_fees.html • Standard tuition fees in 2015/16 are €1,951 for most courses. • There are some exceptions and private universities will almost always be more expensive. • However, these fees are correct for the majority of courses taught in English in the Netherlands. • Fees are set by the government and every year they increase in line with inflation. • Maintenance Grant = dependant on each member state

  28. How can I help? • Talk to your son / daughter about their choices • Check the form is completed correctly • Discuss the content of the personal statement and ask to read it • Try to remind them of key dates • Encourage, encourage, encourage!!

  29. What if I need help?? • www ucas.com/parents (sign up to receive the UCAS parent guide and quarterly email bulletins) • Contact Mrs Mitchell, Mrs Anderson or Mr Cranston

  30. QUESTIONS????

  31. Applying to University www.ucas.com www.cao.ie www.stmarys-belfast.ac.uk www.studyineurope.eu Choosing Courses/Universities www.hotcourses.com www.nidirect.gov.uk/careers http://university.which.co.uk/ www.bestcourse4me.com https://unistats.direct.gov.uk/ Graduate Employment Information www.ons.gov.uk/ons/dcp171776_337841.pdf www.prospects.ac.uk (What do graduates do? Section) Student Finance DEL – “Financial Support for Higher Education Students” (Apply in February/March) DEL – Student Finance Branch www.dfes.gov.uk/studentsupport www.studentfinanceni.com www.moneysavingexpert.com

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