Thursday, September 6, 2012

Parental income increasing; should I inform student finance? - The ...

Discussion and questions about student financial support arrangements - from government loans and grants to university bursaries. Please use the main Money & Finance forum for more general financial topics.
  1. Junior Member

    Thread Starter

    Join Date: Feb 2012

    Posts: 34

    Parental income increasing; should I inform student finance?

    So, I've already organised all my student finance and got the confirmation through and everything, but just last week my mum got a new job with more money. Do I need to inform student finance, or do they base it on last year's tax income? I've had conflicting advice from people, some saying they base it only on last year's income, and other people saying I need to inform them of the increase.
    What have you heard about it?
  2. TLK's Avatar

    Exalted Member

    Join Date: Feb 2012

    Posts: 347

    Re: Parental income increasing; should I inform student finance?

    So, I've already organised all my student finance and got the confirmation through and everything, but just last week my mum got a new job with more money. Do I need to inform student finance, or do they base it on last year's tax income? I've had conflicting advice from people, some saying they base it only on last year's income, and other people saying I need to inform them of the increase.
    What have you heard about it?

    http://www.direct.gov.uk/en/Educatio...rted/DG_171586

    Although do they base it on last years tax I think you still have to change it. Just ring them up just to be safe.

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