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Higher education

Nhs student finance

1 reply

Coffeemonster1 · 29/03/2015 13:08

I am starting my nursing in Feb 2016 and have a few q's regarding student finance.
Is the dependants/parent learning allowance the same thing as the NHS childcare allowance that pays for up to 85% of your nursery fee's while you study? Or is this a different application entirely?

How do we get an idea on what tax credits etc we are entitled to? As the online calculator doesn't have an option for being a full time student (meaning I am not unemployed and requiring childcare, I will be in full time education)- we will be living off just DH's income.

Also are there some working tax credits/child tax credits that affect your student finance?

According to the online calculators from the NHS I will be entitled to £6000 in total for my first year, no dependants allowance and no parents learning allowance and no mention of support with childcare costs. That's £500 a month!!

Am wondering wether it's actually do-able financially and don't want to end up leaving because we can afford it.

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Becca19962014 · 30/03/2015 00:30

There's a lot of useful information on the NHS bursaries website which may be of help to you in explaining the various terms link here

Examples of nhs bursary studies is available here

On the NUS website there is information about tax credits which may be of help to you link here ive not gone through all of it and it is from 2013 but should still be relevant.

I don't know if that helps or not, It's been a long time since I worked in the nhs and all the funding has changed since then, hopefully the information in those links might help you.

It's definitely a good idea to have a good idea of finances now rather than finding out later you can't manage and being forced to stop.

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