The Student Room Group

Urgent advice about Maintenance Loans

Hi everyone, I am in desperate need of advice. I have applied for a student loan; they said the maximum I can receive for maintenance is £4,767 which is not enough to cover even the cheapest halls I am looking at. My father earns more than 70,000 a year, so I can't apply for a larger maintenance loan. This would make sense, but his debts and outgoings are actually higher than what he earns and we have a net negative every month. We've been struggling financially for a long time and I know my family won't be able to give me extra money for uni.

Would Student Finance England take his outgoings into account? If so, how do I contact them about this? I didn't see it at any point in the application process. I am really scared about going to uni now and I don't want to financially burden my parents.

I am also going to apply for a disabled student's allowance because my scoliosis makes it harder for me to work more hours in part time jobs.
Disabled student’s allowance is to cover study related aid/costs that you need as a result of your disability (covering things like Mentoring, Grammarly, reading software, taxi allowance etc), so it’s not a loan as such where they give you money like the maintenance loan is).

@normaw (also don’t know if this thread needs to be moved to the SFE forum or not).
Original post by Talkative Toad
@normaw (also don’t know if this thread needs to be moved to the SFE forum or not).

I have moved the thread. @RedSWH you should get a reply from an SFE/SLC rep during normal office hours (so tomorrow).
(edited 1 month ago)
Original post by normaw
I have moved the thread. @RedSWH you should get a reply from an SFE/SLC rep during normal office hours (so tomorrow).

Thanks
Original post by RedSWH
Hi everyone, I am in desperate need of advice. I have applied for a student loan; they said the maximum I can receive for maintenance is £4,767 which is not enough to cover even the cheapest halls I am looking at. My father earns more than 70,000 a year, so I can't apply for a larger maintenance loan. This would make sense, but his debts and outgoings are actually higher than what he earns and we have a net negative every month. We've been struggling financially for a long time and I know my family won't be able to give me extra money for uni.
Would Student Finance England take his outgoings into account? If so, how do I contact them about this? I didn't see it at any point in the application process. I am really scared about going to uni now and I don't want to financially burden my parents.
I am also going to apply for a disabled student's allowance because my scoliosis makes it harder for me to work more hours in part time jobs.

Hi there,

If you have 3 years of self support prior to the start of your course you may be eligible to apply as an independent student. If not, do you expect the household income to be 15% less during the current 24/25 tax year? Thanks, Jason
Reply 5
Original post by sfe jason
Hi there,
If you have 3 years of self support prior to the start of your course you may be eligible to apply as an independent student. If not, do you expect the household income to be 15% less during the current 24/25 tax year? Thanks, Jason

Hi Jason, I don't have 3 years of self support prior to the start of my course. But I do think the second part may apply since my mum lost her job recently, so our income went down significantly, more than 15% would that make a difference to my application?
(edited 1 week ago)
Original post by RedSWH
Hi Jason, I don't have 3 years of self support prior to the start of my course. But I do think the second part may apply since my mum lost her job recently, so our income went down significantly, more than 15% would that make a difference to my application?

Hi there,

Yes, we can use use your parents' 24/25 estimates instead, and this can increase your Maintenance Loan.

If you want to do this your parents can complete the Current Year Income (CYI) form and you can then upload this to your account: https://assets.publishing.service.gov.uk/media/65faebab703c42001a58f098/sfe_cyi_form_2425_o.pdf

Just to let you know, we're currently processing these forms in 11 working days.

Thanks, Graeme
Reply 7
Original post by Graeme SFE
Hi there,
Yes, we can use use your parents' 24/25 estimates instead, and this can increase your Maintenance Loan.
If you want to do this your parents can complete the Current Year Income (CYI) form and you can then upload this to your account: https://assets.publishing.service.gov.uk/media/65faebab703c42001a58f098/sfe_cyi_form_2425_o.pdf
Just to let you know, we're currently processing these forms in 11 working days.
Thanks, Graeme

Thanks very much for your help. Just to check though, would my maintenance loan still increase since my mother was made redundant if my father's income is still above 70,000 and will stay the same next year?
Original post by RedSWH
Thanks very much for your help. Just to check though, would my maintenance loan still increase since my mother was made redundant if my father's income is still above 70,000 and will stay the same next year?

Thanks for clarifying, yes - that's correct, I'm sorry.

So long as the household income overall is above £60,000 your entitlement won't be affected by this.

In this case we'd definitely suggest speaking to your university's Finance team to see if they can offer any help or advice.

Thanks, Graeme
Reply 9
Original post by Graeme SFE
Thanks for clarifying, yes - that's correct, I'm sorry.
So long as the household income overall is above £60,000 your entitlement won't be affected by this.
In this case we'd definitely suggest speaking to your university's Finance team to see if they can offer any help or advice.
Thanks, Graeme

ahh that's a shame but makes sense. Thanks anyways, I will try talking to the unis finance team then.
You're welcome. If you have any other questions let us know. Thanks, Leah.

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