how much do the parents need to earn to get the minimum loan for teenagers to study at uni?

(5 Posts)
ssd Thu 21-Feb-13 08:12:27

any advice welcome

spanna41 Thu 21-Feb-13 08:30:04

if you go onto the Student Finance Website (search under Google) they have a calculator and you can enter earnings etc, answer all questions and it will come up with the amount that they will be prepared to Loan. It is quite easy and straight forward. I hope this helps.

ssd Thu 21-Feb-13 08:58:41

thanks

ssd Thu 21-Feb-13 09:06:58

have looked and have another question...do they pay back a loan but not a bursary? whats the difference?

goinggetstough Thu 21-Feb-13 18:23:57

Student loan - pay back
Grant and bursary - don't pay back

If you are entitled to a grant it means that your loan is slightly less. All the information should be here for English students. www.studentfinance.direct.gov.uk/portal/page?_pageid=153,4680119&_dad=portal&_schema=PORTAL

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