Is anyone entitled to a student loan?

Discussion and questions about student financial support arrangements - from government loans and grants to university bursaries. Please use the main Money & Finance forum for more general financial topics.

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  1. isaacworthington's Avatar
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    Is anyone entitled to a student loan?
    If your parents are on over £50,000 is it true you're not entitled?
  2. bahjat93's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by isaacworthington)
    If your parents are on over £50,000 is it true you're not entitled?
    My mum earns around double that before tax. I was entitled to £9k loan and a minimum grant which was stupidly small
  3. King James's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by isaacworthington)
    If your parents are on over £50,000 is it true you're not entitled?
    I think it's just that you won't get the full amount. http://studentcalculator.org.uk/ <-- Link might help, just fill it in the entitlements section and it'll work it out for you.
  4. A.J10's Avatar
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    Re: Is anyone entitled to a student loan?
    You get fees paid plus a non means tested maintenance load of (I think) around £5000
  5. The Polymath's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by bahjat93)
    My mum earns around double that before tax. I was entitled to £9k loan and a minimum grant which was stupidly small
    I wouldn't go around dropping figures about parents' earnings, it's just not done.
  6. ihateocr's Avatar
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    Re: Is anyone entitled to a student loan?
    It's a stupid system, since I live with my mum and her partner, yet my mum only works part time and gets around £10k a year, whereas her partner works on a commission based system so for the financial year student finance him to enter, I get the minimum maintenance grant. Next year however, I will be entitled to the maximum because he received less business that year. Plus the fact he has 2 children who live with their mother that he has to support.
    This system needs a massive overhaul, since I'm going to have to support myself entirely, without any help from anyone.
    I'm happily willing to do so, but I think it's particularly unfair how your parent’s income should determine whether or not it is necessary for you to work part-time at university.
  7. Potally_Tissed's Avatar
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    Re: Is anyone entitled to a student loan?
    Everyone can get the tuition fee loan of £9000 a year and the first chunk of the maintenance loan (about £3500) regardless of what their parents earn. It's the grants and the higher part of the loan that are income-assessed.
    Last edited by Potally_Tissed; 08-06-2012 at 23:12.
  8. Existentialistic's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by A.J10)
    You get fees paid plus a non means tested maintenance load of (I think) around £5000
    More like £3500
  9. TheGrinningSkull's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by Existentialistic)
    More like £3500
    (Original post by Potally_Tissed)
    Everyone can get the tuition fee loan of £9000 a year and the first chunk of the maintenance loan (about £3500) regardless of what their parents earn. It's the grants and the higher part of the loan that are income-assessed.
    I thought the maintenance loan was £2755

    Or is that if you're living at home?
  10. Potally_Tissed's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by TheGrinningSkull)
    I thought the maintenance loan was £2755

    Or is that if you're living at home?
    Yeah, that's the amount for living at home :yes:
  11. cl_steele's Avatar
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    Re: Is anyone entitled to a student loan?
    everyone is entitled to a student loan but the more you eanr the less you get and for such an income youre not entitled to a maintainance grant
  12. TheGrinningSkull's Avatar
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    Re: Is anyone entitled to a student loan?
    (Original post by Potally_Tissed)
    Yeah, that's the amount for living at home :yes:
    That's fair enough, thanks for confirming
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