Bursary question…

[BelleBoyd]

My DD has a full bursary.
If I was to sell my house and get a smaller flat to release some equity to use for our bills over next few years would that disqualify us from the bursary?
Would be about 50-80k
At the moment finances are very low as in unable to heat house/pay bills etc..so this equity money would be used as an allowance over a few years to help.

You should speak to your schools bursar and discuss it in detail. No one hear will be able to give you reliable advice and a major change in the cash holding would almost certainly create a reassessment.

50K is only 12.5k over say 4 years...so not a lot really.
Its all a case of explaining what is going on and making your case. As said speak to them first and talk it though. Might have to clearly show how the money will be slowly released to pay bills. ie It all goes in a deposit account and is taken out slowly......just to prove you aren't going out and blowing it on a Porsche ;-)

On the other hand, 80k would probably cover 3-4 years school fees. So the school may wonder why they should provide a full bursary when you can access funds.