The student and the tax man

jem16

Pam17 wrote: »

But a student loan is a loan which your son will eventually pay back and so I would have thought your son could have applied for the maximum loan which would not have taken either yours or your hubbys income into consideration. A student grant though is a different matter and is means tested.

SAAS is the Scottish Awards Agency and the student loan is based on parents' income. The non-income assessed part is £890 if living away from home. From then up to the maximum of £4510 is based on parent's income. Tuition fees are paid in Scotland.

The system is totally different from England.

Both my girls have succesfully applied for student loans and tuition fee loans without us having to give our income. We didn't bother getting them to apply for a grant because we know our income is too high.

Some are eligible for the Young Students' Bursary but again it is based on income.

elantan

Pam17 wrote: »

But a student loan is a loan which your son will eventually pay back and so I would have thought your son could have applied for the maximum loan which would not have taken either yours or your hubbys income into consideration. A student grant though is a different matter and is means tested.

Both my girls have succesfully applied for student loans and tuition fee loans without us having to give our income. We didn't bother getting them to apply for a grant because we know our income is too high.

you would think so wouldnt you ...but i went to student services and they say i have to give the info and that son will not qualify for a bursary but will qualify for a loan but not the maximum loan ...i'll be truthful with you i dont understand it but i feel i am getting shafted because of it my son is 17 an left home over a year ago now and i am still having to pay for him ...i just dont know what to tell them when they say they need our p60's

elantan

jem16 wrote: »

SAAS is the Scottish Awards Agency and the student loan is based on parents' income. The non-income assessed part is £890 if living away from home. From then up to the maximum of £4510 is based on parent's income. Tuition fees are paid in Scotland.

The system is totally different from England.


thanks jem this is the way it seems to be for us ...he isnt entitled to the bursary and he isnt entitled to the full loan either due to our wage .....he was even thinking of getting married but thankfully we got around that one