Is my student finance affected if parents take out a private pension lump sum
Hi, my parents might be taking out a private pension lump sum in the next few years, but are undecided at the moment. If they do, will this lump sum be considered household income and therefore affect my maintenance loan? There are no answers online at all 😭
Reply 1
Original post by Chloe Groves
Hi, my parents might be taking out a private pension lump sum in the next few years, but are undecided at the moment. If they do, will this lump sum be considered household income and therefore affect my maintenance loan? There are no answers online at all 😭
Hi there,
We can take lump sums into consideration as income.
Thanks,
Ross
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