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Higher education

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Parental income for student loan

4 replies

Hercules12 · 03/05/2023 12:27

Hi. I have spent hours trying to work this out and ringing student loan helpline didn’t help.
Previously our household income was way over the threshold so my ds and now my dd only got the minimum loan.
Now my husband is no longer working and in receipt of job seekers allowance so we need to complete the form for income 21 to 22 and estimate of income for 23 to 24.
This should be gross which is straight forward but the total income showing on my p60 is not gross but the amount after my pension contributions has been taken out. The gross figure doesn’t appear on my p60 although I can get it from my payslips. Annoyingly this also includes money my my mileage claims but I get this is just unfair and nothing I can do.
student loan company insist there must be a problem with my p60 as the gross figure should be there. Ive contacted HR to ask but can anyone help?
I don’t want to submit the true gross if it turns out it should really be after pension taken ie taxable income but I also don’t want to have to pay back a large amount next April!

OP posts:
Comefromaway · 03/05/2023 12:32

If your pension is deducted at source then you enter the figure that is on your P60 (after pension but before tax/NI

Hercules12 · 03/05/2023 12:36

Many thanks, comefromaway. That’s what I thought too but when I said that to student loans they said it’s gross before this. I think they’re wrong.

OP posts:
Comefromaway · 03/05/2023 12:53

They are wrong. It is only if you pay into a private pension that you enter those figures later on the form.

Hercules12 · 03/05/2023 12:56

I thought so. Thanks. unbelievable they don’t know this.

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