The Student Room Group

Inheritance and redundancy

My Grandad passed away this year so my Mum has received inheritance. Also, my Mum's partner, who lives with us, has been made redundant and received a redundancy payment. Will these affect my student finance at all?
Original post by RobbieMario
My Grandad passed away this year so my Mum has received inheritance. Also, my Mum's partner, who lives with us, has been made redundant and received a redundancy payment. Will these affect my student finance at all?


They could do but probably not this year - your funding for 2016/17 is based on the tax year 2014/15.
Next year the current financial year will be used to assess you - if your household income has dropped by more then 15% then you complete the income assessment as usual and then fill in an additional assessment for in-year finance (eg http://media.slc.co.uk/sfe/1617/ft/sfe_cyi_1617_d.pdf is the form for this year).

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