I understand that Student finance for 2014/15 is based on P60 for 2012/13.
a) What if the earnings for 2014/15 are expected to be higher ?
b) what if the earnings for 2013/14 actually were higher ?
Does this have to be declared at some point, which would change the award?
Similarly if parents living arrangements change, eg single mum moves in with partner after the award made, does this have to be declared, and the award then changed due to higher household income?
many thanks