How does "expected income" affect finance?
I started a course last year and received maintenance loan, maintenance grant, parents learning allowance & dependants grant.
I also sent a late application re childcare which I am waiting to hear about.
On the application for the coming year I un-ticked the adult dependants grant box, as my husband thought he'd found work, and and I didn't want to get overpaid. However, he has not had any work since April, and I'm kicking myself.
He hasn't got a great track record of putting food on the table, and losing that money will make things pretty difficult.
I have now re-applied for dependants grant, but don't know what my chances are. They've got a copy tax credits award which says our expected income is about £7.5k (guestimate from when husband was promised work).
Will student finance be likely to use that figure (or just go by last years actual income)?
If they did assume our household income to be £7.5k, could I expect to receive any dependants grant / childcare or not?
Student finance (mature with family) Watch
- Thread Starter
- 22-06-2016 15:16
Mark Lee - SFE Official Adviser
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Offline2ReputationRep:Official TSR Representative
- Official TSR Representative
- 23-06-2016 13:37
We will usually ask for income details for the 14/15 year to support an application in 16/17.
If the household income is lower, you can submit a current tax year income details form and we can reassess it. I would advise you to allow time for the recent change to be processed and if we require more details we will write to you.