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Student Finance - changes to parent's income

2 replies

PeachandBlack · 20/10/2014 14:26

I'm not sure if this is the right section, but I hope someone can help or even point me in the right direction for the answer.

DS1 started University in September, his student finance was calculated based on our 2012/2013 income. Our 2013/14 income was lower still as DH was unemployed, however he is now in a high paying job so our 2014/2015 income will see a big increase.

When DS applies to student finance for next year, based on our 2013/14 income, he will qualify for the full maintenance grant, together with a bursary from the university. Does he or we need to disclose that our current income (for 2014/15) is higher or can he legitimately claim the full amount?

Obviously, his finance in year 3 will be the minimum maintenance loan but I'm trying to prepare for what will happen in the meantime.

Hope that makes sense!

OP posts:
morethanpotatoprints · 20/10/2014 18:15

I think he can claim the full grant as on previous years calculations it was much lower due to your dh redundancy.
Hopefully someone else will be along soon.
Wanted to bump as found you in unanswered

PeachandBlack · 20/10/2014 21:00

Thanks for the reply. The student finance website tells you what to do if your income has decreased significantly from the year used to asses, but doesn't say anything about increases. Maybe this is just one of those blips in the system.

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