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Student Loans and tax credits

5 replies

Jambuttie · 26/07/2008 11:18

Hi all

Can anyone tell me if I have to contact tax credits about me being a student

I will get a student loan which I have to pay back and not sure if they take that into account

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ten10 · 26/07/2008 11:38

the HM Revenue and Customs web site says that Student loans and Grants do not affect your Tax credits

read "here www.hmrc.gov.uk/taxandu/text.htm"

but you probably need to inform them about your change of status i.e. becoming a student

ten10 · 26/07/2008 11:38

one of these days i will actually work out how to insert a link properly

FranSanDisco · 26/07/2008 11:48

They like to know about changes in circumstances so probably best to tell them. I'm also getting a student loan so will be ringing them when I start college

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Jambuttie · 26/07/2008 13:30

Kl will deffo let them know

You just get scared too tho eh that your tax credits get all messed up it's hard enough economically now without more added pressures

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Katiekins83 · 29/07/2008 09:54

hi! also if you are a single student parent then you will be entitled to a maintence grand
parents learning allwance and a few other bits, aslo housing benifit to hepl with your rent, if you are a full time student.
make sure you speak to you welfare team and they will make sure you get everything you are entitled to.

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