I am in the process of applying for my final year of student finance. I have had my amount reduced from my first year by £500 and then found that from my second year I have had my amount reduced by a further £700. I know that this is reduced, however, this seems an excessive amount considering that my parents have not had any major pay increase and my brother finished uni when I finished my first year. I tried ringing up but he said it would be based upon my parents income but there is not much help to figure out how much I should be getting based on my parents income in my final year.
Could you please help at all?
Final Year Studies Watch
- Thread Starter
- 10-04-2013 13:15
Mark Lee - SFE Official Adviser
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- Official TSR Representative
- 11-04-2013 12:32
The amount of maintenance grant that you are entitled to depends entirely on the amount of your household income from the 11/12 tax year. The amount of maintenance loan you receive is affected by household income but all final year students automatically receive a lesser amount of maintenance loan as their final year is shorter than the previous ones.
Hope this helps,