Student Finance - Online

edited 30 November -1 at 1:00AM in Student Money Saving
4 replies 613 views
badger._2badger._2 Forumite
52 Posts
edited 30 November -1 at 1:00AM in Student Money Saving
Who here has applied for their loan online for this year?

Continuing students specifically, help, i'm lost! This year i've applied for income assessed, thus need to submit parents' details. I've completed the application, but it says they're waiting for the parents' details, which I chose to declare online...Although, where! I can't find a link, or anything so I can proceed.

Anyone else have better luck?


Total Badger Debt: £1675.44.

Barclaycard - £216.44
First Direct - £500.00
HSBC - £949.00

Replies

  • CrispyUKCrispyUK Forumite
    229 Posts
    Part of the Furniture 100 Posts Combo Breaker
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    Your parents should have received a letter from student finance direct with their own ART ID and password, etc. They will need to log in using these and submit evidence online.

    As you went for non-income assessed last year it is unlikely they were sent them at that time - they'll probably have been posted once your completed your application so give them a few days to turn up - if they're not there within a week or so then give student finance direct a call.
  • surfsistersurfsister Forumite
    7.5K Posts
    I've been Money Tipped!
    Hi just looking into student loans etc.

    Please can u explain what applying with non-assessed incopme means?

    Is this the parents income?

    ta
  • DrFluffyDrFluffy Forumite
    2.5K Posts
    surfsister wrote:
    Hi just looking into student loans etc.

    Please can u explain what applying with non-assessed incopme means?

    Is this the parents income?

    ta

    No sure what you're asking. No - your parents income is assessed, if you apply for the income assessed, means tested part of the loan... If you were independent and working before uni, then your previous incomes would not be assessed.

    If you're talking about the non-assessed part of the student loan, then previously 75% of the loan has been non-means tested (i.e. everyone who applies and is entitled gets it).

    The other 25% was means tested - against your parents income if under 25 and living at home (you have to have lived away from home for 3 years for non-educational purposes, hit the age of 25 or marry to be independent from your parents), or your spouses if married or in a 'civil relationship'.

    Not sure what the situation is with the new system, as I'm still covered by the old one. There will be comprehensive guidence notes on the StudentFinanceDirect website though...
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  • surfsistersurfsister Forumite
    7.5K Posts
    I've been Money Tipped!
    thanks Dr Fluffy.

    If you were independent and working before uni, then your previous incomes would not be assessed

    This is the bit I meant sorry if ambiguous. how long do you have to be independant for?
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