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Student Loan Application
Just completed the supporting applications for daughters Year 2 student loan (covers 18/19 tax return). At the beginning it asks if your income is likely to be significantly affected this year (presumably due to Covid) and then clarifies it and says you'll be asked further questions at the end. However those questions…
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Part-time student council tax
Hi all, Im wondering if anyone can help me please. I am a part time postgrad student and a single parent. I have spoken to a lady form my local council who informed me that students don’t have to pay council tax if they’re full time - and then she looked it up in some book she had and confirmed that if you reach a certain…
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Student Loan Interest Rate and Course Costs
Obviously there's not much we can do about it as it stands, but * Given the current BoE base rate, charging 3% interest (+ RPI which was unhelpfully set in March for this year, just before prices plummeted) doesn't seem right. The income thresholds are still appropriate since anyone with a drop in income will see a fall in…
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Can I use my student loan to help buy a house?
Hi So i am in a pretty unique situation where i have saved enough money to live while at university and I am getting my tuition fees paid. However i was debating if it would be a good idea to apply for student finance to support me through uni, so i can use the money put aside as a deposit for a house after i graduate.…
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Should I buy a property for my Son in Uni?
My Son is looking to rent a house with 2 friends at the moment as he has to move out of halls this summer but competition for properties is fierce and he has lost out on at least 4 houses in the past few weeks. For what he will have to pay to rent a student house (£1,650/mth) it's now occurred to me that a mortgage…
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Tenancy break in COVID lock down
It is a very unfortunate time for both students and landlord. While it is very unfair to be forced to stay away and pay rent for your unused student accommodation, a contract is binding. It seems many landlords are in this business using maximum Buy-to-let mortgages, thus allowing no leeway for times like this. They need…
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Repayment Threshold 2021/22
With RPI for March in at 2.6%, the repayment threshold for plan 1 loans will rise to £19,895 from 6 April 2021 (19,390 x 1.026 rounded up). The repayment threshold for plan 2 loans will rise by 2.7% (annual average earnings increase for January - March) to £27,295 from 6 April 2021. The postgraduate loan threshold remains…
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M.A. funding bursaries information please
Hello everyone,Our son is about to graduate in English from Cambridge University and has won a place at The Royal Academy of Music in September 2020 to do an M.A. in Musical Theatre. Currently he is unable to meet the cost of the course or his living fees in London. The course costs £16,100 and he is able to apply for a…
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Rent from July.
I may be a little early on this but slightly worried. Daughter is due to start final year this year having spent 3rd year in Anerica. We have completed Student finance and now contacting them to ask for reassessment due to furloughed. As we have no idea when work will resume calculating income is hard. Any suggestions?…
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RENT IN COVID19
I'm writing to you to get advice on the possibility of reducing my rent payment per month. Currently, both me and my flat mate are in our second year of university. We are both full time students, who are not living in the property at the moment due to the pandemic. We rented out our flat last September, for a year with…
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Receiving bursary for study whilst on Furlough advice
Hi, if anyone could help me that would be great, because I am worried and stuck, I will outline the situation firstly, I am/was currently working full time but have been Furloughed as of late March, Back in early February I accepted an offer to go onto a teacher training course starting in September, but part of the…
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Student bank account confusion
Apologies if we're missing something, but can you apply for student loans without a student bank account? All the accounts we've looked at can't be opened without an unconditional offer or results and my son has neither! The UCAS site says applications close on 22 May so how do you apply if you can't input account details?…
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Help for my mum filing in the student grant form please
Can anyone help answer this question please? On the Student Grant form, it ask's for my Mums income and then asks income from Savings, Dividends etc. She sometimes withdraws money from a savings account she has, and sometimes a Bond, but we dont think the Bond info is required? Or do we just put taxable income, as Bonds…
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Student Finance query
This discussion was created from comments split from: British Citizen - Residency in Question for Student Finance Loan.
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Guarantee Rent
Before Covid 19 I signed as guarantor for my sons room in halls. Due to a change in circumstances & the unlikelyhood of there being many student jobs available to help him pay the rent, I feel that I may no longer able to guarantee his rent. Does anyone know what the chances are of being freed from this guarantee as my…
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Student loan repayment - overpaid ?
Hi so I work for a company and my basic wage is not enough to pay back my student loan. However, some weeks I do overtime and I will pay a contribution to my student loan. At the end of the tax year I had contributed £411 towards student loan repayment, despite only earning £1000 over the threshold. By my calculations, I…
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Student finance household income
I am currently applying for student finance and I am wondering what I should put for my household income. Due to the coronavirus my parents incomes have both been decreased so should I put their normal income or should put there current income.
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Covid-19: why am I still paying tuition fees?
Okay so I understand that this pandemic is out of everyone's hands at the university, however I'm baffled as to why I'm still paying tuition fees if university is closed. I am a PGCE student paying for my tuition out of my bursary, and have £4625 of tuition to pay this April when I won't be going back into University again…
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Apply for a student loan
The student loan applications have to be in by 22 May. I have been trying for days and days to get onto the .gov website to apply but the screen simply times out . None of my friends can get on it either. the telephone line has an automated message saying they are unable to take my call. What should I do ? I’m very worried…
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STUDENT LOAN
Hi all. I'm in northern ireland. And was worrying is there a plan to reduce or delay student loan repayments? Due to the coronavirus
