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    What is the difference between a maximum maintenance loan and an appropriate maximum loan?

    I've read a few documents that mention both and was wondering if it was the same thing
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    (Original post by gcombo001)
    What is the difference between a maximum maintenance loan and an appropriate maximum loan?

    I've read a few documents that mention both and was wondering if it was the same thing
    Appropriate maximum loan isn't a phrasing I've noticed before. Can you link to any of the documents you've seen mentioning that phrase?
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    (Original post by PQ)
    Appropriate maximum loan isn't a phrasing I've noticed before. Can you link to any of the documents you've seen mentioning that phrase?
    http://www.practitioners.slc.co.uk/m...t-final-11.pdf

    Page 84, FAMILIES WITH TWO OR MORE AWARD HOLDERS (SPLIT CONTRIBUTIONS), paragraph 3

    I know the max loan is £8,200 but whats an appropriate max!? cheers
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    (Original post by gcombo001)
    http://www.practitioners.slc.co.uk/m...t-final-11.pdf

    Page 84, FAMILIES WITH TWO OR MORE AWARD HOLDERS (SPLIT CONTRIBUTIONS), paragraph 3

    I know the max loan is £8,200 but whats an appropriate max!? cheers
    That's talking about the maximum loan cost *appropriate* to each student where 2 students from the same family are due an award. So if one student is studying in London away from home and the other is studying while living at home the maximum loan available to each would be different. (for example in this case: http://www.thestudentroom.co.uk/show...3#post64065323 the maximum loan amounts for each student is different so the calculation is done for each student using the appropriate maximum for their circumstance)
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    (Original post by PQ)
    That's talking about the maximum loan cost *appropriate* to each student where 2 students from the same family are due an award. So if one student is studying in London away from home and the other is studying while living at home the maximum loan available to each would be different. (for example in this case: http://www.thestudentroom.co.uk/show...3#post64065323 the maximum loan amounts for each student is different so the calculation is done for each student using the appropriate maximum for their circumstance)
    Could you possibly work it out for me? What information would you need?
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    (Original post by gcombo001)
    Could you possibly work it out for me? What information would you need?
    Your best bet is to apply - that's the only way to get a full assessment of what you're entitled to.
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    (Original post by PQ)
    Your best bet is to apply - that's the only way to get a full assessment of what you're entitled to.
    I have applied but there telling me that appropriate maximum is different to the maximum.

    I'm a triplet and all 3 of us have applied to Uni, they've worked out our finances and we've received an award for £6018 each. We are all going to be studying outside of London and away from parental home. So our maximum would be £8,200 right? We were expecting a higher amount but I've been given advice saying our appropriate maximum is not far from the £6018 so that's why we got that but we were expecting nearer £8,200 as this is our maximum right!? It leads me to believe they haven't applied the split contribution they state on that document.
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    (Original post by gcombo001)
    I have applied but there telling me that appropriate maximum is different to the maximum.

    I'm a triplet and all 3 of us have applied to Uni, they've worked out our finances and we've received an award for £6018 each. We are all going to be studying outside of London and away from parental home. So our maximum would be £8,200 right? We were expecting a higher amount but I've been given advice saying our appropriate maximum is not far from the £6018 so that's why we got that but we were expecting nearer £8,200 as this is our maximum right!?
    Your household income must be fairly high for that to be the case.

    If they've granted you £6,018 each that means they've deducted £2,182 from each of your loans. At £8.49 per £1 deduction that means that your household income for each student has been calculated as £18,525 + £25,000 + £2,260 (2 siblings) + pension contributions.

    That means your household income must be in the region of £82,835 after pension contributions.

    the calculation
    SFE would take £82,835 (the household income after pension contributions) and take off the sibling allowance (£82,835 - £2,260 = £80,575)
    then take off £25k (£80,575 - £25,000 = £55,575)
    they'd then split this value into 3 (£55,575/3 = £18,525) to work out the household income for the contribution payment for each child.
    If you're all living away from home outside london then they would divide this contribution assessed income by £8.49 to calculate the deduction from the maximum loan (£81,525/£8.49 = £2,182)
    The maximum loan (if your household income was £25k or less) is £8,200, your parents are expected to contribute £2,182 per sibling and so the loan for each sibling is £6,018
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    (Original post by PQ)
    Your household income must be fairly high for that to be the case.

    If they've granted you £6,018 each that means they've deducted £2,182 from each of your loans. At £8.49 per £1 deduction that means that your household income for each student has been calculated as £18,525 + £25,000 + £2,260 (2 siblings) + pension contributions.

    That means your household income must be in the region of £82,835 after pension contributions.

    the calculation
    SFE would take £82,835 (the household income after pension contributions) and take off the sibling allowance (£82,835 - £2,260 = £80,575)
    then take off £25k (£80,575 - £25,000 = £55,575)
    they'd then split this value into 3 (£55,575/3 = £18,525) to work out the household income for the contribution payment for each child.
    If you're all living away from home outside london then they would divide this contribution assessed income by £8.49 to calculate the deduction from the maximum loan (£81,525/£8.49 = £2,182)
    The maximum loan (if your household income was £25k or less) is £8,200, your parents are expected to contribute £2,182 per sibling and so the loan for each sibling is £6,018
    My parental income is £47,000! what does this mean!? please help
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    (Original post by gcombo001)
    My parental income is £47,000! what does this mean!? please help
    It sounds like there has been some sort of error then (don't panic!)

    Did your parents link their finance with all three of your applications? That would be the most likely issue - if for some reason SFE didn't recognise that the household income would be split across all three of you then it might have assessed each of you as if you didn't have siblings.

    I'd recommend phoning up SFE - preferably with all 3 of you and your parents present so they can check that the assessment has been linked properly to all three applications.
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    (Original post by PQ)
    It sounds like there has been some sort of error then (don't panic!)

    Did your parents link their finance with all three of your applications? That would be the most likely issue - if for some reason SFE didn't recognise that the household income would be split across all three of you then it might have assessed each of you as if you didn't have siblings.

    I'd recommend phoning up SFE - preferably with all 3 of you and your parents present so they can check that the assessment has been linked properly to all three applications.
    We applied online, then by post with PFF2 and PN1 forms (all together, including parents), We attached a letter to ignore our initial online applications as we were advised to do. We've called up SFE multiple times and no one seems to understand, you are actually the first person who's given me useful information.

    They keep telling us that they've added a disregard my 2 other siblings like you just said so they've taken of £1,130 per other siblings, reducing income. Instead of applying the split contribution. It doesn't seem to go any further than that and all they keep saying is appeal.
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    (Original post by gcombo001)
    We applied online, then by post with PFF2 and PN1 forms (all together, including parents), We attached a letter to ignore our initial online applications as we were advised to do. We've called up SFE multiple times and no one seems to understand, you are actually the first person who's given me useful information.

    They keep telling us that they've added a disregard my 2 other siblings like you just said so they've taken of £1,130 per other siblings, reducing income. Instead of applying the split contribution. It doesn't seem to go any further than that and all they keep saying is appeal.
    When you call (and this applies to everything around university) ask for the full name and job title of the person you speak to and write it down (and let them know that you're writing it down - ask them to spell their name and make loud keyboard noises in the background! it's amazing what a difference you get in advice and responses when the people on the phone know they can be help responsible for any answers they give!). If possible ask to speak to the supervisor or manager explaining that your situation is complex and that your loan amounts as calculated reflect a household income in excess of £80k.

    If need be ask them to confirm what they say to you on the phone in writing. You may need to put in a formal appeal to get this seen by someone who knows what they're doing

    The deduction from maximum loan should be 1/3 of what they've calculated (so £727 instead of £2,182). It sounds like they've made a deduction for siblings living at home rather than a deduction for students at university plus a division of the household contribution by the number of siblings at university.
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    (Original post by PQ)
    When you call (and this applies to everything around university) ask for the full name and job title of the person you speak to and write it down (and let them know that you're writing it down - ask them to spell their name and make loud keyboard noises in the background! it's amazing what a difference you get in advice and responses when the people on the phone know they can be help responsible for any answers they give!). If possible ask to speak to the supervisor or manager explaining that your situation is complex and that your loan amounts as calculated reflect a household income in excess of £80k.

    If need be ask them to confirm what they say to you on the phone in writing. You may need to put in a formal appeal to get this seen by someone who knows what they're doing
    haha thanks so much for you help, I'll give it a go and hopefully I'll stop worrying about it. Could you please do me a favour and check my latest thread (5 mins ago) on 'Ask student finance England' and comment on there. I've basically put a case together to show what I was expecting to happen and I would really appreciate your opinion just to 100% confirm I haven't got confused anywhere. I would have linked it here but it takes ages to go thorough when there's a link attached

    Thanks again for your help
 
 
 
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