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    I have heard that there is an allowance made for two students from the same household by student finance? If, so how does it work?

    Also, what happens if a students household income changes dramatically within the year? A parents divorce, for example? If they initially receive the bare minimum in loan, would they then be able to claim more loan part way through the year?
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    (Original post by Mumfindinginfo)
    I have heard that there is an allowance made for two students from the same household by student finance? If, so how does it work?

    Also, what happens if a students household income changes dramatically within the year? A parents divorce, for example? If they initially receive the bare minimum in loan, would they then be able to claim more loan part way through the year?
    See http://media.slc.co.uk/sfe/1617/ft/s...orm_1617_d.pdf section 6 (this is the paper version of the online form) you declare other dependent children when completing the assessment form. Page 10 of http://www.practitioners.slc.co.uk/m...ide_1617_d.pdf explains how that works into the assessment (essentially they reduce your income for pension contributions and £1,130 per child before deciding how much your children are eligible for).

    If your income changes in year then you complete http://media.slc.co.uk/sfe/1617/ft/sfe_cyi_1617_d.pdf after you've completed the financial assessment details for assessment of your previous income. (the form explains how this works)
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    Thank you.

    That's all very helpful.

    So you know how long it takes to re-assess the finances after filling out the change of circumstances form?


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