Are student loans considered income?
I'm trying to open a cooperative student bank account online but they want to know my yearly and monthly income. The only actual income i get is the maintenance loans, but they're not monthly payments, they're every 3 months or something. So what should I put down?
Thanks in advance
Thanks in advance
It's classified technically as an income but its irregular income(i.e not monthly). Basically just government financed debt chained to you until you're 50.
Quick Reply
Related discussions
- estranged student
- Nursing Financial Support
- Special support loan
- Student loan calculation unfair?
- Being a Homeowner
- How does student finance work for mature students?
- Living with boyfriend
- student finance at uni
- Does inheritance affect my student loan?
- Money
- If a student loan is wiped, does that affect entitlement to future student loans?
- Student Finance and PIP/Special Support loan
- student loan for second year
- Doing grad medicine?
- Mature student - maintenance value
- Will I have to pay back my student loan from my degree, if I do an apprenticeship?
- Can I submit PFF2 form to SFE in order to assess my household income AFTER applying?
- My experience with Student Finance England living away from parents in Scotland
- Student loan
- Universal Credit and Maintenance Loan Timeline
Latest
Trending
Last reply 5 days ago
My friend might be getting extra time and i hate it.Last reply 5 days ago
Just found out about UCL stat test but can't afford to sit itLast reply 5 days ago
I tried to apply to Disabled Student’s Allowance but…Last reply 1 week ago
For harrasment does someone get a warning first or no warningLast reply 1 week ago
Rutherford Appleton Laboratory Work Experience - ACCOMODATION (harwell campus)Last reply 1 week ago
I think I’m decently pretty but I don’t get asked out …Last reply 3 weeks ago
Please help I accidentally ran a red and am terrifiedTrending
Last reply 5 days ago
My friend might be getting extra time and i hate it.Last reply 5 days ago
Just found out about UCL stat test but can't afford to sit itLast reply 5 days ago
I tried to apply to Disabled Student’s Allowance but…Last reply 1 week ago
For harrasment does someone get a warning first or no warningLast reply 1 week ago
Rutherford Appleton Laboratory Work Experience - ACCOMODATION (harwell campus)Last reply 1 week ago
I think I’m decently pretty but I don’t get asked out …Last reply 3 weeks ago
Please help I accidentally ran a red and am terrified
