How do the LA work out means tested part of student loan?

cant_think_of_a_name_3

Any luck?

What was it that had gone wrong?

Taiko

cant_think_of_a_name wrote: »

Every £1 of grant reduces the loan by a £ up to a maximum reduction of about £1230 off the loan. So, if she had her grant removed, the loan should have gone up.
You said she started last year. Check last year's assessment and see how they compare. If your financial circs are similar, the correct assessment should be similar.

I can think of a few possible causes. Do any of the following apply:
--Did she withdraw last year and start a new course this year? (thresholds would differ in this case)

--Have you recently started living with a partner? (partner's income would need to be taken into account as well as your own)

--Has she previously attended any other courses? (prev study could affect eligibility)

If it's none of them & you just got a letter stating that you didn't submit evidence it could be that they didn't get your evidence in time (or did have but didn't realise they had it). They could have removed the income-assessed bit of support because they presumed you had ignored the request for evidence. But it sounds like they've got it so they may have reinstated the support since that letter.

Give your LEA call (use 'find my LEA link' on www.studentfinancedirect.co.uk ).

If it's none of the above the only other option would be that your actual earnings were higher than you had declared on the initial application & it has been reassessed. I am not suggesting you lied in any way but you/your LEA could have made an error either on the initial application or eg keying in your p60 figure wrong.


Hope some of the above helps. I am well aware of most of the regs having being one of the sworn enemies at the LEA. You may not realise it but most of these people (certainly the ones I used to work with) absolutely work their a**es off to help & will do their best to help you if you give them a call.

Proper figures are in my post that's above yours for 08/09, your £1230 relates to 07/08.

cant_think_of_a_name_3

Taiko wrote: »

Proper figures are in my post that's above yours for 08/09, your £1230 relates to 07/08.

I'm talking about the substitution of loan for grant. The figures you put up just show the tariffs for when household income is above the amount which gives entitlement to grant.

jfi: The figure is £1235.