Receiving rental income
Hi, I am a second year student and currently receiving student finance
if I was to buy a property whilst at uni and receive a rental income, does that mean I I lose my student finance?
I just wondering how it all works as the the money received would not cover cost of living etc…
Please advise
Many thanks
if I was to buy a property whilst at uni and receive a rental income, does that mean I I lose my student finance?
I just wondering how it all works as the the money received would not cover cost of living etc…
Please advise
Many thanks
Original post by Georgefrancis12
Hi, I am a second year student and currently receiving student finance
if I was to buy a property whilst at uni and receive a rental income, does that mean I I lose my student finance?
I just wondering how it all works as the the money received would not cover cost of living etc…
Please advise
Many thanks
if I was to buy a property whilst at uni and receive a rental income, does that mean I I lose my student finance?
I just wondering how it all works as the the money received would not cover cost of living etc…
Please advise
Many thanks
Hi George,
You wouldn't lose the finance but you'd need to declare to us any income earnt. If any of the following applies to you:
Bank or Building Society Gross Interest
Property Lettings or Rent
Dividends from investments/shares/unit trusts
Trusts or Sponsorships
Pensions
Payment from their employer who has released them to attend their course
Any other payment received for attending the course (This does not include University Bursaries)
Thanks, Jason
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