Student finance second year (reapplying) - can loan change? Watch

chelsearose
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Hi there!

I'm just reapplying for my student finance for my second year at uni and it says they'll contact your parents again asking for income.

Is there anyway that your loan money can change? I've picked a house based on my current loans and am panicking it could go down then I won't be able to afford my house

HELP HELP HELP
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Klix88
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If your parents' incone has increased, then yes, your loan amount could go down (unless you were already on the minimum).
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[email protected]
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(Original post by chelsearose)
Hi there!

I'm just reapplying for my student finance for my second year at uni and it says they'll contact your parents again asking for income.

Is there anyway that your loan money can change? I've picked a house based on my current loans and am panicking it could go down then I won't be able to afford my house

HELP HELP HELP
If anything has changed a lot in regards to your income or more likely your parents income then your loan/grant could go up or down. Do you know of any Changes to your parents income?
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