Student finance: Crunch the numbers cleverly
By Ahmed Farhat Minister of Finance Ahmed Galal said Islamic bonds subject has so far received more attention than necessary (Photo from Centre for International Governance Innovation website) Laws, legislative rules and regulations governing Islamic bonds will be implemented as planned, as part of government efforts to revive the economy, according to Finance Minister Ahmed Galal. Galal said the subject has so far received more attention than necessary and he sought to address the issue in an appropriate manner. He refused to say who would assume the role of Chairman of the Islamic Bonds Division within the ministry, after the sacking of previous chairman Ahmed Al-Nagar. A source within the Ministry of Finance spoke of a conversation held recently with Ahmed Al-Gabali, Advisor to the Minister on Islamic Bonds, who spoke of his desire to apply for the position, saying that he would need to be made aware of the nature of the job before applying.
Finance is always a key part of the decision-making at Clearing because students need to ensure that their revised choice of a degree and institution does not leave them financially worse off. The statutory funding a student is entitled to doesn’t change, unless they’re looking to switch from a university in London where maintenance loans are set higher. “If you knew you were going to get a bursary or a scholarship from your first choice of university then that doesn’t move with you,” says Barnard.. “Students need to do a bit of research into what funding if any is available when they are offered a place at Clearing.” Clearing helplines will refer students to information about finance on their website or by putting them through to student services.
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