Starting a business
Hi am Nathan
Am starting a small business, am not sure if it will affect my student finance loan to go to university and if i need to tell SFE about it or they don’t need to know.
Thanks
Am starting a small business, am not sure if it will affect my student finance loan to go to university and if i need to tell SFE about it or they don’t need to know.
Thanks
Reply 1
Original post
by upcoming-professHi am Nathan
Am starting a small business, am not sure if it will affect my student finance loan to go to university and if i need to tell SFE about it or they don’t need to know.
Thanks
Am starting a small business, am not sure if it will affect my student finance loan to go to university and if i need to tell SFE about it or they don’t need to know.
Thanks
Hi Nathan,
Are you starting a course in 24/25 academic year?
Thanks,
Claire
Reply 2
Yes
Reply 3
Original post
by upcoming-professYes
Hi there, you would declare any unearned income you expect to receive during 24/25 (if that's when you are studying). Thanks, Jason
Reply 4
What does unearned income mean
Is that like running my own business
Is that like running my own business
Reply 5
Original post
by upcoming-professWhat does unearned income mean
Is that like running my own business
Is that like running my own business
Hi Nathan, Unearned income is any income that an individual has which is not a pension and has not been earned by them as an employee, by carrying out a profession or by running their own business. Although this list is not exhaustive, unearned income includes: interest from bank and building society accounts. Bank or Building Society Gross Interest
•
Property Lettings or Rent
•
Dividends from investments/shares/unit trusts
•
Trusts or Sponsorships
•
Pensions
•
Payment from your employer who has released them to attend your course.
Thanks, Jason
Quick Reply
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