Jake Butler

Your nephew has to be careful as pupil finance can request a refund in the cash.

Andrew Turner

Hi we have twins likely to head to uni this september. Whilst, I will be lucky with having a top income, unfortuitously with property losings (no home) and 2 other children, being forced to top up the upkeep grant for 2 kids at precisely the same time will probably be actually tough– 1 is ok- is there any mechanisms to just take this under consideration on the upkeep evaluation? Many thanks

Jake Butler

Hi Andrew, you have exposed a serious problem with the pupil finance system. The adjustment for the household income is only ?1130 a year if you have more than one child.

This means they just simply take that much off your household income to take into account you having one or more youngster at uni. It isn’t sufficient though. The device is broken but regrettably there’s little you are able to do about this i am afraid.

Andrew Turner

Many Many Thanks for advising. We agree, the adjustment is apparently totally inadequate, unfortuitously the consequence meaning the cooking cooking pot of funds should be split between two, so that they will have dramatically paid off financing.

Karen yates

I will be a mum. We borrow les than what they offer as I want to contribute myself to avoid a debt st the end when we apply for a maintenance loan, can. Many Thanks

Jake Butler

Hi Karen, i really believe that is feasible you will need to communicate with pupil finance. I would like to provide my advice right right here and would generally advise that that you don’t do that. Understand that your son/daughter may never ever repay their full loan (unless they may be a high receiving graduate). This means you could find yourself foregoing money that may never have to be repaid anyway. You would be more straightforward to conserve that money you had been seeking to add and employ it to assist away in future (eg by having a deposit for a home).

Please explore this a bit more before you make your choice and keep in mind that student loan financial obligation is a lot like no other.

Noona fan

Hi, because of my circumstances, i must use with a paper application. At the time of at this time, i have determined never to make an application for upkeep loan nevertheless, imagine if I made the decision to try to get upkeep loan once I’ve sent down my application?

Jake Butler

Hi Noona, i am uncertain with this one. I guess you would need to contact student finance to inquire of just what would take place for the reason that example. Thanks.

Ms S

Hi, i’ve one youngster at uni moving in to her last 12 months and another starting in 2010. I am divorced or more till now my home earnings happens to be evaluated back at my income alone which was vaguely workable and I also have actually topped up my young child’s cost of living that has perhaps not been simple. I’ve since remarried (just this past year) but I do not live with my partner and he does not and it has never added to your home earnings after all nor should he. We’re separate. He does not subscribe to the young kiddies either clearly. But i’ve been told i need to even include his finances though we are now living in various areas of the British. I am worried this can effect on their possibility of a upkeep loan when they glance at both our incomes do thy have right that is legal request this?

Jake Butler

Hi, because far you may have to talk to them and ask for mitigating circumstances as I know. They often enable pupils to show they are separate of these moms and dads in a comparable method. I really believe you would need to show without question that there’s no money passed away between both you and your partner.

Having stated you may be on the wrong side of the rulings here that I feel. Eg. Comparable to what sort of non married couple living together do not get to benefit from tax breaks etc it may possibly be that the couple that is married viewed as a joint earnings when you look at the eyes of student finance whether residing together or perhaps not i am afraid.

Bryan Sandford

To my application for pupil finance it asks if you should be residing at home or residing out of the house. Just just What would you put then 16 weeks at home if you spend say 36 weeks at uni?

Jake Butler

Hi Bryan. That might be classed as residing out of the house while you’re maybe perhaps not residing in the home as long as you’re studying.

Sarah

Hi My daughter is starting uni in 2018 september. Based on the caculator she will be eligible for a maintenance grant of ?4193. Her accommodation will soon be ?5000 each year. Performs this imply that as her parents we must pay the shortfall in accommodation plus all her residing costs?

Jake Butler

Hi Sarah, thank you for getting into touch. The upkeep grant isn’t any much much longer provided and so I’m presuming it really is an upkeep loan.

Extremely common for the upkeep loan add up to hardly also http://www.speedyloan.net/installment-loans-id/ protect lease and our research indicates that almost 75percent of pupils want to get a part time work or count on moms and dads financially throughout university.

Please be conscious that students in 2018 can get somewhat a lot more than stated with this web page (as we continue to have the stats for 2017) though it will not be by that much.

As your child it not receiving the max loan it is obviously as a result of your home earnings. Interestingly (even though they do not say it) the us government “expects” parents in order to make the shortfall up.

We have really produced easy education loan calculator (you may use the 2017 stats) which informs you exactly how much you are likely to contribute (clearly it really is optional though).

I hope this information helps. Please inform me if you’ve got any queries.

Marcella Taylor-Smith

Hi my son is, beginning college 2018 sept, he’s got around 8000.00 cost savings will this impact their entitlement for maintenance grant etc

Jake Butler

Hi Marcella, the only time cost savings are taken into consideration occurs when the attention is counted as profits. Considering that this will be so low it is unlikely to own any impact. It is well well worth noting that the upkeep grant no more exists for brand new pupils either.

Kayleigh

Hello! I’m a year that is first into 2nd 12 months in 2018. I utilized my mom and stepfather as my sponsors for my maintenance loan, and so I will get the maximum. Quantity however a present advertising implies that they will certainly just review the 25,000. Are you able to switch my sponsor to my father that is real when for the loan thus I can nevertheless have the max. Amount?

Jake Butler

Hi Kayleigh, this might be a dangerous strategy as you will likely be expected by pupil finance to justify the alteration.

Skip E

I will be making my program but have previously gotten my maintenance loan because of this term. Will education loan business ask because of this back?

Jake Butler

Hi Miss E. You will have to repay the loan at the same terms as other grads (eg when you earn over a certain amount after leaving your course) if you drop out. But, the uni and pupil finance also provide the ability to inquire of for just about any money straight back that was overpaid for your requirements. It is most likely that the capital because of this term would come under that for it back so they will most likely ask. Hope that can help.

Mrs s

My child possesses positioning in America as part of her degree, does she get any help with funding from student finance – please can someone help me year

Jake Butler

Hi, this might be determined by the college as well as the course. I recommend speaking with the college concerning this.

Michael Sallows