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Year 12s: what will be the first way you research your future options? >>
Year 12s: what will be the first way you research your future options? >>
Year 12s: what will be the first way you research your future options? >>

Loan and Inheritance Trust

Hi guys,

I'm looking at taking some money from a trust fund that was set up by my grandparents years ago (in the realms of around £10,000 as a gift to my parents to aid with their business) but at the moment I am in receipt of the highest maintenance loan available and was just wondering if taking this money out would really make a difference to my maintenance loan?

thanks,

A
Original post by AdieBest12
Hi guys,

I'm looking at taking some money from a trust fund that was set up by my grandparents years ago (in the realms of around £10,000 as a gift to my parents to aid with their business) but at the moment I am in receipt of the highest maintenance loan available and was just wondering if taking this money out would really make a difference to my maintenance loan?

thanks,

A





Hi AdieBest12,


If you declare income from any of the following we will take it into account when calculating your support,

•

Bank or Building Society Gross Interest

•

Property Lettings or Rent

•

Dividends from investments/shares/unit trusts

•

Trusts or Sponsorships

•

Pensions

•

Any other payment received for attending the course (This does not include University Bursaries)


We will not take into account payments received from parents under covenant.


Regards Rona

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