Income assessed part-time maintenance loan

@SFE Isaac


Hello,

So I have received information regarding my part-time loan entitlement for a BSc programme this year.

It is less than I would have thought, going by the loan calculator online. I have noticed however that the breakdown includes an income assessed portion. As I haven't provided any evidence of my household income, this is a bit confusing.

Do I need to do this in order to have it calculated correctly? And should I just upload my p60 online via the portal, or do I need to complete a form?

Hi,
To apply for the higher amount, you need complete the household income form ow.ly/d/8pbq and then either:

1. Provide your sponsors financial details https://www.gov.uk/guidance/supporting-your-child-or-partners-student-finance-application-in-3-easy-steps

OR

2. Meet the independent student criteria ow.ly/q5mJ30oSfa5

The forms can be uploaded online.

Thanks, Isaac

@SFE Isaac Many thanks!

Sorry, I realise you said part time. Have you been awarded any Maintenance Loan?

Part time students can only receive a Maintenance Loan if the course is not distance learning.

Thanks, Isaac

@SFE Isaac

Yes, part time. I have been awarded a maintenance loan as I will be attending in person and on campus this year.

I have already submitted the form and my p60, will this be an issue?

The part time Maintenance Loan amount depends on our study intensity.

You can view a table here https://www.practitioners.slc.co.uk/products/part-time-undergraduate-education/part-time-maintenance-loan/whats-available/

You can apply for the higher amount if you have not done so already, I'd suggest giving us a call or messaging us on Facebook or Twitter so we can see what you have applied for an give the correct info. As I don't want to tell you to send in forms if they may not be required (since I can't view your account)

Thanks, Isaac

@SFE Isaac

It should be 50% for me, though I assume the university will confirm this on a credit basis with SFE. I am applying for the higher amount.

Is the household income form the same regardless? As I have already submitted it with my p60 I will probably just wait to see what the outcome is, once it is reviewed.

Yes the form is the same.
Thanks, Isaac

@SFE Isaac

Hello Isaac,

Me again. I have yet to hear back from the submission of the form, though I assume things are being dealt with at the 6 week mark still.

When I applied I input (and was awarded funding) based on taking 60 credits this year. I have since been informed I am actually doing 80, which means the course intensity is higher. The finance calculator indicates that I should be awarded more, and I would like to be assessed for this.

I have uploaded a letter onto the portal indicating this, but is there another form I need to submit? The amount is considerably more and so I would like to claim this if possible.

Thanks!

@SFE Isaac

Thanks Isaac, I have since called them. They could only confirm that an update will be published online next week!