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    Am I correct in thinking that If parents make contributions to a private pension these can be deucted from gross income to calculate the amount of student loan/grant entitlement?
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    (Original post by mattsmum)
    Am I correct in thinking that If parents make contributions to a private pension these can be deucted from gross income to calculate the amount of student loan/grant entitlement?
    Hi mattsmum,

    The application for student finance will request information of any pensions that you pay or receive as this information will be used when making the assessment. Sponsors are entitled to have any contributions they have made into a pension scheme deducted from their household income provided the scheme qualifies for tax relief. Most pension schemes do qualify for tax relief.

    Private pension contributions can be taken into account as an income deduction for assessment of household income. We will require evidence of payments made, which can be in the form of a Tax Return or a statement from your pension provider.

    Thanks Rona
 
 
 
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