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Will savings affect any student grants?
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notalotofcash
Posts: 27 Forumite
Ive been looking for information on whether any savings that me and my partner have would affect my daughters grants if she attended university?
It seems we would be eligible for the full grant based on our income being lower than £25000 but i cant seem to find any info on whether our ISA's which were put aside for her would affect any grants etc
It seems we would be eligible for the full grant based on our income being lower than £25000 but i cant seem to find any info on whether our ISA's which were put aside for her would affect any grants etc
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It is only taxable income which is taken into account when calculating student finance. Therefore your ISAs won't count, but interest from normal savings does.0
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notalotofcash wrote: »Ive been looking for information on whether any savings that me and my partner have would affect my daughters grants if she attended university?
It seems we would be eligible for the full grant based on our income being lower than £25000 but i cant seem to find any info on whether our ISA's which were put aside for her would affect any grants etc
Don't forget that the main funding is by loans and not grants.0
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