The Student Room Group

Mother's income dropped a lot this year. Will I get more money?

Hi.

I've just submitted my student finance using P60s from tax year 12-13. However a couple of months ago my mother's income dropped meaning the gross household income has gone down from £37k to £31k.

It said on my application that in April I will be able to let them know if someone has had a reduction in earnings this tax year, but how does it work? Anyone done this before? Is it likely I will get more money in this case?
You ask for a current year assessment. Fill in the relevant form. You are then reassessed, new finance allocated. Proof of income has to be provided at financial year end. You may get a bit more loan.

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