PhD student salary

tyros_2

I've just called the Halifax and been told that the money I earn from my post as a PhD student may not count in their eyes if it's classed as a bursary. Has anyone experienced this before? I never thought that it would be a problem. I get a payslip at the end of every month from my university so always thought of it as a wage as it never changes month to month.

Kavanne

It won't count. You'll have to wait until your PhD is done and you have a real job. It's a stipend, not a salary.

hungrynurse_2

funny how the tax man doesnt differentiate though! I thought they looked more at 'proof of income' where ever that income is coming from, obviously Im wrong too

tyros_2

Kavanne wrote: »

It won't count. You'll have to wait until your PhD is done and you have a real job. It's a stipend, not a salary.

Hey, trust me, it's a real job! I do my 40 hours a week just like anyone else.

MrsBartolozzi

Hi there Tyros, we had this problem when my OH was doing his PhD. Even including his part-time job (he lectured a few hours a week) they wouldn't give him a mortgage . We ended up as first time buyers looking for a 3 bed house, luckily as he got a job in the same uni lecturing, he was employed before he had his Viva and we bought soon after that.
This was 8 years ago, and before the credit crunch, so I suspect you've got little chance now, sorry. I will agree with you though, it's hard work - I hardly saw my OH in the final 6 months when he was writing up, but it's worth it.