Student Finance: if your parents lose their job a year after application?
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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Student Finance: if your parents lose their job a year after application?Hi!
So say you have been at uni for one year- come the 2nd year and your parent has lost thier job/has a lower paid job, does this make you entitled to a higher grant etc?
Both from the uni and goverment?
Thanks! -
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As far as I know they take the information from the previous tax year I.e April 2011- April 2012, so possibly not, but on your third year the changes will occur - your university or college themselves might have some additional support though.
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Re: Student Finance: if your parents lose their job a year after application?you'll need to do a current year assesment which is seperate to the main form but that should get you the extra money if this results in a significant decline in income- think its around 30%, and the uni will see whatever you've sent to student finance when assessing you for a bursary.(Original post by TheHaylio)
Hi!
So say you have been at uni for one year- come the 2nd year and your parent has lost thier job/has a lower paid job, does this make you entitled to a higher grant etc?
Both from the uni and goverment?
Thanks! -
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Re: Student Finance: if your parents lose their job a year after application?Phone student finance - there's a change of circumstances form that you can fill in when there has been a significant (~15%?) decrease in income.
