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    So basically I am asking this question for a friend....
    He is currently 17 years old and will be turning 18 in september2016 and will be applying to uni and for student finance etc in january 2017...
    When he was young he was involved in an accident and he got a claim for something like £18 K so the question is when he is applying for student finance and his tuition fees(say they are £9k per year) will he still be eligible for that student finance loan despite having that claim money (£18 K) in his bank account his family is also on a very low income if that helps....
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    (Original post by Mr.Curious01)
    So basically I am asking this question for a friend....
    He is currently 17 years old and will be turning 18 in september2016 and will be applying to uni and for student finance etc in january 2017...
    When he was young he was involved in an accident and he got a claim for something like £18 K so the question is when he is applying for student finance and his tuition fees(say they are £9k per year) will he still be eligible for that student finance loan despite having that claim money (£18 K) in his bank account his family is also on a very low income if that helps....
    As far as I know they don't take into account savings only income from them i.e interest.
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    (Original post by Mr.Curious01)
    So basically I am asking this question for a friend....
    He is currently 17 years old and will be turning 18 in september2016 and will be applying to uni and for student finance etc in january 2017...
    When he was young he was involved in an accident and he got a claim for something like £18 K so the question is when he is applying for student finance and his tuition fees(say they are £9k per year) will he still be eligible for that student finance loan despite having that claim money (£18 K) in his bank account his family is also on a very low income if that helps....
    No, that money will not matter at all.
    They don't take into account savings of the person applying. They take into account the income of his family and if it's low, it's more likely he'll get the top amount. They do take into account the income of the person who's applying if they have a job etc and I believe he may be able to declare the claim if he wants to but I'm not overall certain!
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    thanks guys
 
 
 
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