Student finance for two married students both studying

Watch
IsabellaSm
Badges: 2
Rep:
?
#1
Report Thread starter 1 month ago
#1
Hi

I am a married therefore independant student. From September I will be taking a 5 year second degree in medicine.

My husbqnd who is currently a teacher will start a full time MA in education.

How do we report our income. I suppose my income as a nurse will be then counted as zero but will I then be assessed in the first year on my husbands teaching salary even though he will be taking a full time course too?

Thanks
0
reply
SFE Isaac
Badges: 10
Rep:
?
#2
Report 1 month ago
#2
(Original post by IsabellaSm)
Hi

I am a married therefore independant student. From September I will be taking a 5 year second degree in medicine.

My husbqnd who is currently a teacher will start a full time MA in education.

How do we report our income. I suppose my income as a nurse will be then counted as zero but will I then be assessed in the first year on my husbands teaching salary even though he will be taking a full time course too?

Thanks
Hi Isabella, we will require your husbands 19/20 tax year income. If this is over 25k and his 21/22 income will drop by more than 15% then we can take his current year income.

If your household income has dropped by more than 15% then your sponsor can complete a Current Year Income form to provide their estimated tax year income. If they do this, it's important they update us if their income changes throughout the year because at the end of the tax year we will ask them to provide the actual income they earned with evidence and if their actual income doesn't match the estimated income they provided then it could cause you to be overpaid and be required to pay money back. Your sponsor can download this form here https://www.gov.uk/student-finance-f...e-pff2-or-cyi/ after April 2021.

We don't need to know about your earned income as the student, only any unearned income.
Thanks, Isaac
0
reply
IsabellaSm
Badges: 2
Rep:
?
#3
Report Thread starter 4 weeks ago
#3
(Original post by SFE Isaac)
Hi Isabella, we will require your husbands 19/20 tax year income. If this is over 25k and his 21/22 income will drop by more than 15% then we can take his current year income.

If your household income has dropped by more than 15% then your sponsor can complete a Current Year Income form to provide their estimated tax year income. If they do this, it's important they update us if their income changes throughout the year because at the end of the tax year we will ask them to provide the actual income they earned with evidence and if their actual income doesn't match the estimated income they provided then it could cause you to be overpaid and be required to pay money back. Your sponsor can download this form here https://www.gov.uk/student-finance-f...e-pff2-or-cyi/ after April 2021.

We don't need to know about your earned income as the student, only any unearned income.
Thanks, Isaac
Thanks Isaac

What i dont understand though is if my income is counted as zero as I dont have any unearned income because I'm a student.

If my husband is also going to be a full time student why is his income not counted as zero i mean how can he really be my 'sponser'

He will have earned more than £25k salary per year up until September when we start studying.

Thanks
0
reply
SFE Isaac
Badges: 10
Rep:
?
#4
Report 4 weeks ago
#4
(Original post by IsabellaSm)
Thanks Isaac

What i dont understand though is if my income is counted as zero as I dont have any unearned income because I'm a student.

If my husband is also going to be a full time student why is his income not counted as zero i mean how can he really be my 'sponser'

He will have earned more than £25k salary per year up until September when we start studying.

Thanks
We require his 2019/20 tax year income, from when he wasn't a student.
If his income has dropped by more than 15% due to becoming a student then he can complete the CYI form I mentioned above.

This applies to you also. If you are supporting his application then you will be required to supply your 2019/20 tax year income for his application.

So you will be a student and a sponsor. He will also be a student and a sponsor.

A student doesn't need to provide their earned income (unless released by their employer), a sponsor must provide their previous tax year income to support another students applicant.
Thanks, Isaac
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Which of these would you use to help with making uni decisions?

Webinars (47)
13.74%
Virtual campus tours/open days (75)
21.93%
Live streaming events (32)
9.36%
Online AMAs/guest lectures (36)
10.53%
A uni comparison tool (79)
23.1%
An in-person event when available (73)
21.35%

Watched Threads

View All