Turn on thread page Beta

do you get a larger loan if you don't get financial help from parents? watch

    • Thread Starter
    Offline

    0
    ReputationRep:
    I was wondering, are you entitled to a larger student loan or grant if you don't receive any financial support from parents?
    Also, if this is the case, does it mean that parents don't need to support your application and give their income details?
    Aand, if you do have a supporting parent who does need to give in their income details, do you have to wait till April for the newest p60 documents?
    Thaaanks, it's all so confusing.
    Offline

    0
    ReputationRep:
    1. your parents have to supply their income details unless you haven't lived at home for 3 or more years.

    2. its based on their income from the previous year, whether they help you or not. unles you haven't lived with them for 3 or more years, in which case its based on your earnings for the previous financial year.
    Offline

    0
    ReputationRep:
    They will need to give LAST year's P60, the one for 08-09.
    Unless you are estranged from your parents or have been living away from home for 3 years or are over 25 you'll be considered dependent and they will be expected to make a contribution. You don't get any more just because they refuse. Unless you apply for an income assessed loan the most you'll get is about 70 odd % of the maximum loan available.
 
 
 
Reply
Submit reply
Turn on thread page Beta
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

This forum is supported by:
Updated: January 20, 2010
Poll
How are you feeling in the run-up to Results Day 2018?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.