Crosswords0 min ago
Student loans family income assessment
1 Answers
Hi I wondered if anyone can help me. I want to know if the parent income levels for qualifying for a maintenance grant are gross income or net income. Be grateful if anyone can tell me. Thanks.
Answers
Only 1 answer
Best Answer
No best answer has yet been selected by bora. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
Its pretty much gross income, in it parental living expenses for rent and food are not deducted. What is deductable in the magic calculation of 'Household Income' is an allowance for other dependent children.
In England & Wales you apply for a Student Loan for the 100% of the Tuition Fees and 75% of the Maintenance (the Maintenance Loan). One can then apply to one's Local Authority for a Grant for the other 25%, which is mean-assessed and a maximum of �2835 this year (2008/9).
Some more stuff on it here.
http://www.direct.gov.uk/en/EducationAndLearni ng/UniversityAndHigherEducation/StudentFinance /FinanceForNewStudents/DG_071036
In England & Wales you apply for a Student Loan for the 100% of the Tuition Fees and 75% of the Maintenance (the Maintenance Loan). One can then apply to one's Local Authority for a Grant for the other 25%, which is mean-assessed and a maximum of �2835 this year (2008/9).
Some more stuff on it here.
http://www.direct.gov.uk/en/EducationAndLearni ng/UniversityAndHigherEducation/StudentFinance /FinanceForNewStudents/DG_071036
Only 1 answer
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.