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    We are a household with 2 students in the same year.

    We have filled in our household finances and the student finance people have now told the kids what their loans will be.

    One is going to receive £7392, the other is going to receive £4949. One is going to a London uni, but I understood that £1500 would be given to the student studying in London.

    Is this correct? Does the student in London get £2443 more despite coming from the same household?
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    (Original post by Mumfindinginfo)
    We are a household with 2 students in the same year.

    We have filled in our household finances and the student finance people have now told the kids what their loans will be.

    One is going to receive £7392, the other is going to receive £4949. One is going to a London uni, but I understood that £1500 would be given to the student studying in London.

    Is this correct? Does the student in London get £2443 more despite coming from the same household?
    Did both students start their courses at the same time (it's difficult to tell if you mean they're in exactly the same year of study or whether they're studying in the same academic year).

    The assessment process for siblings changed in recent years so different start dates would explain a difference.
    Likewise if the London course has longer term dates (field trips or similar over the easter/summer holidays can lead to this) then that sibling will be eligible for a larger loan due to extra weeks funding.

    If they're starting this year and have identical length courses then the rates are still different (both the basic rate and the amount deducted based on what you've been assessed as being able to contribute)
    http://www.practitioners.slc.co.uk/m...ide_1617_d.pdf page 25 shows the different rates

    Students living away from home and studying in London
    • no contribution for total income of up to £25,000
    • £1 reduction in loan for every £8.34 of the total income over £25,000up to 69,803.
    Students living away from home and studying outside London
    • no contribution for total income of up to £25,000
    • £1 reduction in loan for every £8.49 of the total income over £25,000up to £62,180.
    SFE will have taken your income, reduced it for pension contributions and for £1,130 for any children (including your 2 student children) taken off £25k divided the remainder by 2 and then added £25k back on and used this to calculate each student's loans.

    Based on that it looks like SFE have your income assessed as £52,600 for the London loan and the same for the non-London loan.
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