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hello, i have tried to apply for a student loan for 2022/23 and on my account it says that i have to complete the " HMRC Income Variance Exception". Can someone please explain what this means ?
It sounds like you have submitted your application and your sponsors have provided their income. Due to the ongoing situation with COVID-19 the Department for Education reviewed our evidence requirements, and for the 2020/21 we trialled a change, this process has now been accepted as business as usual for both full time and part time applications.
All applications for all academic years will now be assessed based on the figures provided by HMRC. This means we don't require any evidence.