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Do savings affect parental contribution to student loan?

2 replies

WorkQuery · 07/11/2020 08:43

I was wondering if parental savings affect contribution to student maintenance loan? This year, DS on full grant as pandemic has wiped away our family business. We have managed to sell our rental property so now have £20000 in savings (as of yesterday) . Will thus mean that we will need to make a big contribution to DS's student maintenance loan now we have some capital?
Thanks for any advice

OP posts:
RainingBatsAndFrogs · 07/11/2020 08:59

No, just income.

WorkQuery · 07/11/2020 09:51

@RainingBatsAndFrogs

No, just income.
Thanks for your advice.
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