Nisd23
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#1
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Hello,

I am due to start on a Graduate Entry Medicine course in 2020.

I have been working and supporting myself since October 2017, though prior to that (ie August 2017) I wasn't living at home, but supporting myself using savings.

I would like to ensure that I am classified as independent when I apply for student finance as there is a significant different between my parents incomes and mine, as i won't be eligible for university bursaries, should their income be considered.

I know I have to fund the first ~£4000 of tuition fees myself which is fine as I have saved this.
My questions are

- If I apply by the normal early summer deadline would I be classed as independent

- If not, if I apply in October time, I understand that I wouldn't have any tuition fee/maintenance loan by the start of term but would this be fine and what are approximate timescales for then receiving the loans

- Could my independence be considered August 2017- August 2020 as independent due to living off savings (not previous student loan) though i wouldn't have a paycheck to evidence this

- If I take some time off work prior to starting my degree, ie don't work October 2017- October 2020, and live off savings, could I still be classed as independent? (I can prove that I have saved my own savings)

Thank you!
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SFE Aaron
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(Original post by Nisd23)
Hello,

I am due to start on a Graduate Entry Medicine course in 2020.

I have been working and supporting myself since October 2017, though prior to that (ie August 2017) I wasn't living at home, but supporting myself using savings.

I would like to ensure that I am classified as independent when I apply for student finance as there is a significant different between my parents incomes and mine, as i won't be eligible for university bursaries, should their income be considered.

I know I have to fund the first ~£4000 of tuition fees myself which is fine as I have saved this.
My questions are

- If I apply by the normal early summer deadline would I be classed as independent

- If not, if I apply in October time, I understand that I wouldn't have any tuition fee/maintenance loan by the start of term but would this be fine and what are approximate timescales for then receiving the loans

- Could my independence be considered August 2017- August 2020 as independent due to living off savings (not previous student loan) though i wouldn't have a paycheck to evidence this

- If I take some time off work prior to starting my degree, ie don't work October 2017- October 2020, and live off savings, could I still be classed as independent? (I can prove that I have saved my own savings)

Thank you!
Hi, you can apply to be classed as n independent student and in order to be classed as an independent student we would need to see the savings you used were earned through previous income, such as bank statement. Also is you have already been classed as an independent student based on self-support you don’t have to continue employment during your studies. Thanks, Aaron.
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Nisd23
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Report Thread starter 4 months ago
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Thank you.

Does the income have to be my earned income?

So say I stopped working in August (having worked 34 months) but could prove I have savings to live off
For 2 months, would that work?

Thanks,
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SFE Aaron
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(Original post by Nisd23)
Thank you.

Does the income have to be my earned income?

So say I stopped working in August (having worked 34 months) but could prove I have savings to live off
For 2 months, would that work?

Thanks,
Hi, as long as we can see those savings came from earned income from employment then that is fine. Thanks, Aaron.
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Nisd23
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Hi Aaron. One more question. If I can show I have enough earned savings that I would be able to sustain myself for 2months (so leave work in August at 34months independence, use savings to bring me up to 36months) would that be OK?
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SFE Nihad
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(Original post by Nisd23)
Hi Aaron. One more question. If I can show I have enough earned savings that I would be able to sustain myself for 2months (so leave work in August at 34months independence, use savings to bring me up to 36months) would that be OK?
Hi there,

Yes, this can be considered as long as the savings are from previous income and this can be seen through your bank statements.

Thanks,
Nihad
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Nisd23
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(Original post by SFE Nihad)
Hi there,

Yes, this can be considered as long as the savings are from previous income and this can be seen through your bank statements.

Thanks,
Nihad
Thanks so much!
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SFE Nihad
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(Original post by Nisd23)
Thanks so much!
You're very welcome
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