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Student Loan Decreased A Lot In Second Year

Alright, I applied for my student finance a week or two ago, got the deceleration through and they're offering me £515 less than last year :frown:

Does anyone know why this could happen? £500 is a lot, and I can't pay my rent now. None of my circumstances have changed, my dad earned over the 40,000 threshold again this year but he actually earnt £8000 less than last year, which is why I don't understand why I'm getting so much less :frown:

Sister is still in further education, she's gone into second year of sixth form and brothers still in secondary school so I can't understand why it's gone down :frown:

Anyone else's loan a lot less this year?

Reply 1

jelly1000

Original post by Aepyx

Alright, I applied for my student finance a week or two ago, got the deceleration through and they're offering me £515 less than last year :frown:

Sister is still in further education, she's gone into second year of sixth form and brothers still in secondary school so I can't understand why it's gone down :frown:

Anyone else's loan a lot less this year?

Have they not income assessed you then?